Federal antitrust regulators think two national cell phone carriers are not enough. But building a third wireless competitor of equal power may be impossible.
FORTUNE -- The cell phone industry is imperiled by a duopoly, according to the antirust watchdogs at the Department of Justice. First regulators killed AT&T's $39 billion deal to buy T-Mobile. Now the Justice Department is taking a hard look at Verizon's plan to buy $3.6 billion MOREScott Woolley - Dec 21, 2011 11:17 AM ET
Regulators have stymied Phil Falcone's ambitious wireless startup, LightSquared. The courts are unlikely to treat him any more kindly.
FORTUNE -- When billionaire Phil Falcone first cooked up the idea for creating the wireless company known as LightSquared, he dreamt of creating a 21st century version of Nextel. The key to Nextel's success in the 1990s had been a slick strategy: first, it bought up airwaves used by taxicab dispatchers, then MOREScott Woolley - Dec 9, 2011 10:34 AM ET
America's big telcos are struggling to survive the implosion of the local phone business. Now, the latest figures show revenue from cell phone calls is beginning to disappear too.
FORTUNE -- Back in the 20th century, selling phone calls to Americans seemed a practically perfect business, growing during good times and bad -- and turning AT&T into the nation's most widely held stock. Selling phone calls in the 21st century is proving a MOREScott Woolley - Nov 4, 2011 11:52 AM ET
Can so-called Super Wi-Fi bring high speeds and low costs to rural Americans? xG Technologies thinks so.
NB: This is the second story in a two part series about rural broadband access in America. To read the first part, please click here.
FORTUNE -- Engineers have long dreamed of using cheap wireless networks to do an end-run around the companies that now provide Internet access and cell phone service. Those dreams have MOREOct 18, 2011 10:59 AM ET
Thanks to a new satellite blasting into space this week, broadband access in rural America and southern Canada is about to get a lot better.
FORTUNE -- Slow and expensive options for connecting to the Internet may seem like an inevitable downside to country living, but rural Americans are in for a pleasant surprise. Cheap bits, delivered by satellite, are about to flood rural North America.
A new satellite, now sitting atop MOREScott Woolley - Oct 17, 2011 5:00 AM ET
ESPN's deal to pay $15 billion for Monday Night Football could incite a revolt against the cable industry's basic business model.
FORTUNE -- The idea that American television viewers should be free to buy just the TV channels they want has always proven a pipe dream. It's a silly idea, cable and satellite operators have convinced politicians and regulators: selling channels in packages funds a wider variety of programming, actually leaving MORESep 12, 2011 9:53 AM ET
The Department of Justice and AT&T have one thing in common: neither side wants to talk about the real rationale for the T-Mobile takeover.
FORTUNE -- When AT&T bet $39 billion that it could acquire T-Mobile -- including $6 billion it won't get back even if regulators kill the deal -- it gambled on a clever strategy that suddenly seems too clever by half.
AT&T (T) advertised the benefits of the merger MOREScott Woolley - Sep 1, 2011 9:35 AM ET
Verizon's unions face problems that picket lines simply can't fix.
FORTUNE -- The union representing the 45,000 Verizon Communications' (VZ) employees who went on strike yesterday says that the company is using "Wisconsin-style tactics" in an effort "to strip away 50 years of collective bargaining gains for middle class workers and their families." The striking workers also made a point of highlighting the hefty $6 billion in profit they estimate Verizon will make MOREScott Woolley - Aug 8, 2011 10:55 AM ET
What exactly happened to the cellular industry's hands-down hottest stock?
FORTUNE -- How could yesterday's seemingly small miss in MetroPCS' (PCS) second quarter earnings end up whacking 37% off the stock and causing panic across a wide swath of the cellular industry? Shares in competitors Leap Wireless (LEAP) and Sprint (S) got pummeled -- down 21% and nearly 7%, respectively. Meanwhile the stocks of the two biggest cellular carriers, AT&T (T) and Verizon MOREScott Woolley - Aug 3, 2011 8:44 AM ET
Brain tumor rates in Japanese atomic bomb survivors are often used to scare cell phone owners. The real story turns out to be far more reassuring.
FORTUNE - Tumors in the brains of Japanese civilians who survived Hiroshima and Nagasaki seem to tell a frightening tale, the story of how a cancer epidemic can remain hidden for several decades and then suddenly metastasize. The atomic bombings thus provide a perfect explanation MOREScott Woolley - Jul 28, 2011 9:00 AM ET
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