Attempted purchase of T-Mobile USA by AT&T

S&P Dow Jones Indices Reports U.S. Common Indicated Dividend Payments Increase $8.8 Billion in Q3 2023, as the 12-month Gains $37.5 Billion

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Wednesday, October 4, 2023
Government, S&P Dow Jones Indices, Index, Dow Jones Industrial Average, Apple, S, Microsoft, Q3, Capital, Attempted purchase of T-Mobile USA by AT&T, Beauty salon, Cryptocurrency, Rare-earth element, Holding company

Q3 2023 U.S. common dividend increases were $18.0 billion, up 84.0% from $9.8 billion in Q2 2023 and down 5.7% from $19.1 billion in Q3 2022.

Key Points: 
  • Q3 2023 U.S. common dividend increases were $18.0 billion, up 84.0% from $9.8 billion in Q2 2023 and down 5.7% from $19.1 billion in Q3 2022.
  • Q3 2023 U.S. common dividend decreases were $9.2 billion, up 66.5% from $5.5 billion in Q2 2023, and up 552% from $1.4 billion in Q3 2022.
  • Q3 2023 net indicated dividend rate change increased $8.8 billion, compared to $4.3 billion in Q2 2023, and $17.7 billion in Q3 2022.
  • NEW YORK, Oct. 4, 2023 /PRNewswire/ -- S&P Dow Jones Indices announced today that the indicated dividend net changes (increases less decreases) for U.S. domestic common stocks increased $8.8 billion during Q3 2023, compared to a $4.3 billion increase in Q2 2023 and $17.7 billion increase in Q3 2022.

Cogent Announces Definitive Agreement to Acquire T-Mobile's Wireline Business

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Wednesday, September 7, 2022
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WASHINGTON, Sept. 7, 2022 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") announced today that it has entered into a definitive agreement to acquire T-Mobile's Wireline Business.

Key Points: 
  • WASHINGTON, Sept. 7, 2022 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") announced today that it has entered into a definitive agreement to acquire T-Mobile's Wireline Business.
  • For Cogent, acquisition of T-Mobile's Wireline Business is expected to be an ideal strategic fit with its existing business.
  • As part of the agreement, in addition to the fiber network and related assets and customers, Cogent will acquire certain liabilities associated with the business.
  • Cogent also expects to facilitate the migration of netcentric internet access customers from the T-Mobile Wireline Business (legacy Sprint) AS1239 to Cogent's AS174.

National Advertising Division Recommends T-Mobile Discontinue Claims that Consumers Can "Save Up to 50%" with T-Mobile Home Internet

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Thursday, August 18, 2022
Benchmark, Multimedia, Disclosure, Association of National Advertisers, T-Mobile, Better Business Bureau, NAD, United States Naval Institute v. Charter Communications, Inc., FCC, Council, Privacy, CARU, Attempted purchase of T-Mobile USA by AT&T, Internet, Public policy, Advertising, National, Charter, Mobile phone, Internet service provider, Online shopping

In the challenged television commercial, a computer screen is shown on which the words "Save Up to 50% vs. National FCC Broadband Rate Benchmark" were written.

Key Points: 
  • In the challenged television commercial, a computer screen is shown on which the words "Save Up to 50% vs. National FCC Broadband Rate Benchmark" were written.
  • "Save Up to 50%" was written in bold lettering and the comparison to the FCC Broadband Rate Benchmark appeared in smaller font underneath.
  • It reads: "vs. National FCC Rate Benchmark."
  • About BBB National Programs:BBB National Programs is where businesses turn to enhance consumer trust and consumers are heard.

National Advertising Division Finds T-Mobile Home Internet Availability Claim Supported, but Recommends "Save Up to 50%" Claim be Discontinued

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Thursday, August 18, 2022
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NAD concluded that T-HINT service is now more available than unavailable to U.S. consumers nationally.

Key Points: 
  • NAD concluded that T-HINT service is now more available than unavailable to U.S. consumers nationally.
  • In the challenged television commercial, a computer screen is shown on which the words "Save Up to 50% vs. National FCC Broadband Rate Benchmark" were written.
  • "Save Up to 50%" was written in bold lettering and the comparison to the FCC Broadband Rate Benchmark appears in smaller font underneath.
  • About BBB National Programs: BBB National Programs is where businesses turn to enhance consumer trust and consumers are heard.

T-Mobile joins the Zephyr Project as Platinum Member

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Thursday, April 14, 2022
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SAN FRANCISCO, April 14, 2022 /PRNewswire/ -- Today, the Zephyr® Project announced that T-Mobile has joined as a Platinum member, leveraging the Real-Time Operating System (RTOS) to power its new Developer Kit, which gives innovators fast and easy access to build on T-Mobile's network. The Zephyr Project is an open source project at the Linux Foundation that builds a safe, secure and flexible RTOS for resource-constrained devices. T-Mobile is the first wireless carrier to join the project.

Key Points: 
  • T he Zephyr Project is an open source project at the Linux Foundation that builds a safe, secure and flexible RTOS for resource-constrained devices.
  • Zephyr is built with an emphasis on broad chipset support, security, dependability, long-term support releases and a growing open source ecosystem.
  • "T-Mobile is thrilled to be the first wireless provider to join the Zephyr Project.
  • T-Mobile joins other Platinum members including Antmicro, Baumer, Google, Intel, Meta, Nordic Semiconductor, NXP, Oticon and Qualcomm Innovation Center.

Learning Alliance and T-Mobile Celebrate the First Year of the NextTech Diversity Program

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Tuesday, February 1, 2022
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Learning Alliance Corporation (LAC), in partnership with T-Mobile , today shared highlights from the first year of the NextTech Diversity Program .

Key Points: 
  • Learning Alliance Corporation (LAC), in partnership with T-Mobile , today shared highlights from the first year of the NextTech Diversity Program .
  • Launched in 2021, the NextTech Diversity Program provides career training and placement for hundreds of diverse candidates to take on meaningful employment within the telecommunications industry.
  • The goal of the NextTech Diversity Program is to increase diversity, equity, and inclusion across the telecom industry by investing in the recruitment, training, certification and job placement of minorities and women.
  • The NextTech Diversity Program creates a productive bridge between both of these realities: an industry that requires thousands of new workers and a workforce that must be made more diverse.

Santander Holdings USA, Inc. Announces Extension of Tender Offer to Acquire Shares it Does not Own of Santander Consumer USA Holdings Inc. for $41.50 per Share

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Friday, January 21, 2022
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Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).

Key Points: 
  • Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).
  • As a result of this extension, the Tender Offer is now scheduled to expire at 5:00 p.m., New York City Time, on January 27, 2022.
  • The Transaction is subject to customary closing conditions, including regulatory approval by the Board of Governors of the Federal Reserve System.
  • These include Santander Bank, N.A., Santander Consumer USA Holdings Inc. (NYSE: SC), Banco Santander International, Santander Securities LLC, Santander Investment Securities Inc., and several other subsidiaries.

Santander Holdings USA, Inc. Announces Extension of Tender Offer to Acquire Shares it Does not Own of Santander Consumer USA Holdings Inc. for $41.50 per Share

Retrieved on: 
Thursday, January 13, 2022
Banking, Professional Services, Finance, Securities Exchange Act of 1934, Wainwright Securities Inc. v. Wall Street Transcript Corp., SEC, NYSE, Tender offer, Internet, Industry, Covington & Burling, Transaction, Canadian House of Commons Special Committee on Electoral Reform, Santander Bank, Letter, Structure of the Federal Reserve System, U.S. Securities and Exchange Commission, Committee, Forward-looking statement, Federal Reserve, Attempted purchase of T-Mobile USA by AT&T, Mini-tender offer, Banco Santander, LLP, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Bloomberg L.P. v. Board of Governors of the Federal Reserve System, ARE, Schedule TO, Schedule, Contract, Securities Act of 1933, Computershare, Money transmitter, Wachtell, Lipton, Rosen & Katz, Tender, Hughes Hubbard & Reed, Consumer, SC, Communication, Board, Security (finance), Cryptocurrency

Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).

Key Points: 
  • Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).
  • As a result of this extension, the Tender Offer is now scheduled to expire at 5:00 p.m., New York City Time, on January 20, 2022.
  • The Transaction is subject to customary closing conditions, including regulatory approval by the Board of Governors of the Federal Reserve System.
  • These include Santander Bank, N.A., Santander Consumer USA Holdings Inc. (NYSE: SC), Banco Santander International, Santander Securities LLC, Santander Investment Securities Inc., and several other subsidiaries.

UCLOUDLINK GROUP INC. Announces Private Placement of US$5.0 Million Convertible Debentures

Retrieved on: 
Thursday, January 6, 2022
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The private placement of such convertible debentures is subject to customary closing conditions.

Key Points: 
  • The private placement of such convertible debentures is subject to customary closing conditions.
  • The convertible debentures to be issued to the Purchaser bear interest at a rate of 5% per year.
  • The convertible debentures will mature upon one-year anniversary of the issuance date unless redeemed or converted in accordance with their terms prior to such date.
  • Subject to and upon compliance with the terms of the convertible debentures, the Purchaser has the right to convert all or any portion of the convertible debentures at its option at any time.

Santander Holdings USA, Inc. Announces Extension of Tender Offer to Acquire Shares it Does not Own of Santander Consumer USA Holdings Inc. for $41.50 per Share

Retrieved on: 
Thursday, January 6, 2022
Banking, Professional Services, Finance, Wachtell, Lipton, Rosen & Katz, Internet, U.S. Securities and Exchange Commission, Contract, SEC, Tender offer, Transaction, SC, Santander Bank, Money transmitter, Letter, Consumer, Schedule, Hughes Hubbard & Reed, Wainwright Securities Inc. v. Wall Street Transcript Corp., LLP, Board, Mini-tender offer, Computershare, Tender, Securities Act of 1933, Communication, Forward-looking statement, Banco Santander, Federal Reserve, Securities Exchange Act of 1934, Committee, Industry, Covington & Burling, NYSE, Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc., Attempted purchase of T-Mobile USA by AT&T, Structure of the Federal Reserve System, Bloomberg L.P. v. Board of Governors of the Federal Reserve System, Canadian House of Commons Special Committee on Electoral Reform, Schedule TO, ARE, Security (finance), Cryptocurrency

Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).

Key Points: 
  • Santander Holdings USA, Inc. (SHUSA) today announced that it has extended the expiration date of its previously announced tender offer (the Tender Offer) to acquire all outstanding shares of common stock of Santander Consumer USA Holdings Inc. (SC) not already owned by SHUSA for $41.50 per share (the Offer Price).
  • As a result of this extension, the Tender Offer is now scheduled to expire at 5:00 p.m., New York City Time, on January 12, 2022.
  • The Transaction is subject to customary closing conditions, including regulatory approval by the Board of Governors of the Federal Reserve System.
  • These include Santander Bank, N.A., Santander Consumer USA Holdings Inc. (NYSE: SC), Banco Santander International, Santander Securities LLC, Santander Investment Securities Inc., and several other subsidiaries.