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AT&T, Inc. (NYSE:T) announced in October that Samsung’s connected Galaxy Camera would enter its network soon, and the company was quiet regarding the price of the 16-megapixel, 21x zoom point-and-shoot. However, this does not seem to be the case anym0ore, as AT&T will begin to sell the Android 4.1-based camera on November 16 for $499.99, with or without a data plan. However, for a short time, AT&T customers have the ability to get as much as $100 off a second Samsung Galaxy handset or other Samsung connected device, which includes the Galaxy Camera, with the purchase of any Samsung Galaxy smartphone with a two-year service agreement.
Sprint Nextel Corp. (NYSE:S) has yet to announce its new ZTE Flash Android smartphone, but was unable to stop Wirefly and Best Buy to list the device as being available to pre-order. Wirefly requests only $99.99 for the ZTE Flash, and Best Buy is attempting to sell it for $149.99. Currently, neither of them have the ability to express exactly when the handset is expected be launched, but it should occur prior to the end of this month.
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Verizon Communications Inc. (NYSE:VZ) announced the expiration and final results of its previously announced tender offer for the purchase for cash any and all of its outstanding $1,250,000,000 aggregate principal amount of 8.95 percent notes that is due in 2039 (CUSIP No. 92343VAR5) (the “Notes”). The Tender Offer was subject to the terms and conditions that were set forth in the Offer to Purchase, which is dated November 2, 2012, relating thereto (the “Offer to Purchase”). The Tender Offer ended at 5:00 p.m., EST, on Friday, November 9, 2012. Global Bondholder Services Corporation, as the depositary and information agent for the Tender Offer, told Verizon that, as of the Expiration Time, $896,624,000 aggregate principal amount of the Notes, which accounts for about 71.73 percent of the aggregate principal amount of the Notes that are currently outstanding, were validly tendered and not withdrawn before the Expiration Time. Verizon has accepted all of the tendered notes for payment. Payment for Notes accepted for purchase are to be made on the expected settlement date of November 13, 2012 (the “Settlement Date”). On the Settlement Date, Verizon is to pay holders who validly tendered and did not withdraw their Notes at or before the Expiration Time at the purchase price of $1,864.63 for each $1,000 principal amount of Notes that were accepted for purchase, plus accrued and unpaid interest from and including the last interest payment date for the Notes to, but not including, the Settlement Date.
Vodafone Group plc (NASDAQ:VOD) has fought to shrink wireless revenue in European markets like Spain and Italy, and it is considering new sales partners, mainly television companies and newspaper publishers. Vodafone’s U.S. venture Verizon Wireless entered into a deal this year for the selling of mobile-phone packages that will be bundled with fixed-line, TV, and Web offerings of cable operator Comcast Corp. (CMCSA) in each other’s stores. Vittorio Colao, which is Vodafone’s chief executive officer, hopes he can bring that kind of partnership to Europe, even if he has to sign separate agreements in a dozen markets on the fragmented continent.
MetroPCS Communications, Inc. (NYSE:PCS) Neutral rating was maintained by Piper Jaffray in a research note that was issued to investors on Monday. The firm has given the stock a $8.00 price target.
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