Verizon Wireless is majority-owned by Verizon Communications, the country's largest phone company, and Cingular is owned by SBC Communications and BellSouth, the second and third largest phone companies.
SUNDAY BUSINESS AT&T Near BellSouth Deal AT&T is expected to announce a deal to buy BellSouth, the country's third largest phone company, for $65 billion.
Xiaomi is the world's third largest phone maker based on shipments (it's top in China), but smart TVs are one component in its push to go beyond phones and into the home and other areas.
Africa is today the fastest growing and second largest mobile phone market in the world.
This acquisition would make T-Mobile the second largest mobile phone provider in the Dutch market.
It will create Japan's second largest cell phone maker (with a combined 18.7% domestic market share), following Sharp (26.1%).
Megafon, Russia's second largest mobile phone operator, said this week it had converted 40% of its cash holdings to Hong Kong dollars held at Chinese banks.
Motorola mot, the second largest mobile phone maker and the third largest chipmaker, also beat earnings estimates with a first quarter profit of 28 cents, four pennies better than expected.
The joint venture, if it happens, will create Japan's second largest cell phone maker (with a combined 18.7% domestic market share), following Sharp (26.1%).
The break-down in talks leaves the door open for Apple to talk with China's second largest mobile phone carrier, China Unicom.
