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☆ Wall Street's rocky start
▼ + stars: | 2024-01-16 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn today's big story, we're looking at how there are still plenty of risks in the market despite big expectations. What's on deck:Chip Somodevilla/Getty ImagesOne of the best indicators of the year ahead comes from banks' Q4 earnings. BI's finance team has a roundup of the biggest Wall Street firms' earnings reports and what it means for their hiring plans.

Persons: Donald Trump, Vivek Ramaswamy, —, Chip Somodevilla, BI's Michelle Abrego, Rebecca Ungarino, Kevin O'Leary, Mark Davis, Goldman, Sharmin, Rahmani, Morgan, Steve Cohen, Sundar Pichai, Boris Streubel, Rebecca Zisser, Apple, Mike Katz Organizations: Republican, GOP, Service, Citi, JPMorgan, BlackRock, Staff, Getty, Goldman Sachs Wealth, New York Mets, Google, Hertz, Business, Bloomberg Locations: Iowa, Google's Berlin, San Diego, Austin

☆ SpaceX and T-Mobile send first texts via Starlink satellites
▼ + stars: | 2024-01-10 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +1 min

SpaceX founder Elon Musk and T-Mobile CEO Mike Sievert on stage during a T-Mobile and SpaceX joint event in Boca Chica Beach, Texas, on Aug. 25, 2022. SpaceX successfully sent text messages via Starlink satellites using T-Mobile's network, it announced Wednesday, as Elon Musk's company aims to bring its direct-to-device cell service to market in the coming year. The recent test comes as major players pursue the market to connect unmodified phones directly to satellites, a nascent subsector of the space economy. SpaceX last week launched the first six Starlink satellites equipped with direct-to-device, or D2D, capabilities, after receiving authorization from the Federal Communications Commission last month to test the technology. The company said it performed the texting demonstration on Monday — in which SpaceX "sent and received our first text messages to and from unmodified cell phones on the ground to our new satellites in space" — and declared the test "validates" that "the system works."

Persons: Elon Musk, Mike Sievert, Elon Organizations: SpaceX, Mobile, Boca, Federal Communications Commission Locations: Boca Chica Beach , Texas

☆ Rakuten's mobile misadventure: from ambitious plan to millstone
▼ + stars: | 2023-11-29 | by ( Anton Bridge | ) www.reuters.com time to read: +5 min

By any measure, cash-bleeding Rakuten Mobile is deeply troubled. Rakuten is set for another tough year in 2024 with investors keen to see if it can achieve its goal of having the mobile unit break even. Those steps have raised some 800 billion yen ($5.4 billion). Then in October, SoftBank Corp (9434.T), Japan's No.3 mobile network provider, began offering a generous reward campaign for most mobile users using SoftBank Group's (9984.T) PayPay online payment system. Without profits, the mobile unit is not likely to entice would-be suitors and competition laws would probably prevent the likes of SoftBank and Docomo from bidding.

Persons: Japan's Rakuten, Hiroshi, Mickey, Rakuten, Mitsunobu Tsuruo, Rakuten's, NTT Docomo, Mikitani, Amir Anvarzadeh, Anton Bridge, David Dolan, Edwina Gibbs Organizations: Citi, Amazon Japan, Rakuten Securities, Rakuten Bank, SBI Securities, GUNNING, Rakuten Mobile, Reuters, NTT, SoftBank Corp, Asymmetric Advisors, Thomson Locations: TOKYO, ARPU

☆ Cramer's Lighting Round: Buy Boeing
▼ + stars: | 2023-11-28 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

Stock Chart Icon Stock chart icon CRISPR's year-to-date stock performance. Stock Chart Icon Stock chart icon Dell's year-to-date stock performance. Stock Chart Icon Stock chart icon Cencora's year-to-date stock performance. Stock Chart Icon Stock chart icon T-Mobile's year-to-date stock performance. Stock Chart Icon Stock chart icon Boeing's year-to-date stock performance.

Persons: it's, Mike Sievert, Cardinal Health's, Tony Xu, Tony Organizations: Dell, Mobile, Boeing, Cardinal Locations: Cardinal

Learn moreMint Mobile has made a name for itself by offering low prices for cell phone services — and Mint Mobile's Cyber Monday deals take this reputation to the next level. Right now, new customers can get an extra three months free when purchasing three months of Mint Mobile, or an extra six months free when buying a six-month plan and bundling a new phone. Mint Mobile Cyber Monday dealsThese are fantastic deals, especially for a carrier that's already as affordable as Mint Mobile. Make sure to check out the extended list of phones that Mint Mobile will let you include in the six-month deal. As cell phone plan deals go this year, this is one of the best we've seen and worthy of a shout-out on our Cyber Monday deals roundup.

Organizations: Mobile, Mint Mobile, Google, Mint

☆ How T-Mobile is taking a leading role in the 5G revolution
▼ + stars: | 2023-11-09 | by ( Sponsor Post | Created Insider Studios With T-Mobile | ) www.businessinsider.com time to read: +6 min

T-Mobile's nationwide standalone 5G network helps power these efforts. The common thread of these varied scenarios might surprise you: 5G, the "fifth generation" of wireless network technology. T-Mobile is the only provider of a standalone nationwide 5G network, putting it in a prime position to shake up that paradigm in the US. Uses for all industriesT-Mobile's 5G technology can be applied across all industries, for an ever-expanding number of use cases. Find out more about how T-Mobile's 5G technology is powering change across industries.

Persons: —, Parvin Mahajan, Mahajan, Heather Nelson, Rod Laver, Will Townsend, Organizations: Mobile, Children, Boston Children's Hospital, Drivers, Infosys, Rod Laver Arena, Insider Studios Locations: Bellevue , Washington

☆ A $699, screen-free smartphone that projects a green laser onto your hand is about to hit the market: report
▼ + stars: | 2023-11-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +5 min

Its founders believe their screenless AI Pin will usher in an era beyond the typical smartphone. The Verge wrote that the documents showed the AI Pin is essentially a "$699 wearable smartphone without a screen." The AI Pin hopes to trounce the smartphoneHumane's founders, ex-Apple designers Imran Chaudhri and Bethany Bongiorno, envision their AI Pin as the first step toward a world that's moved beyond the typical smartphone and tech addiction. At a TED Talk in April, Chaudhri demonstrated showing the AI Pin a Milky Bar and asking it if he could eat the candy. The Coperni fashion show in Paris during Paris Fashion Week, September 29 2023.

Persons: —, Imran Chaudhri, Bethany Bongiorno, Julia Black, Chaudhri, iNvxbSmYUk, 0GqAiR2reT, Jonas Gustavsson, Naomi Campbell Organizations: Service, Apple, OpenAI's, TED, Paris, The Washington, Getty Locations: Paris

☆ T-Mobile lifts free cash flow forecast as profit, subscriber additions beat estimates
▼ + stars: | 2023-10-25 | by ( Samrhitha A | ) www.reuters.com time to read: +2 min

T-Mobile now expects adjusted free cash flow for the year to be between $13.4 billion and $13.6 billion, compared with its prior forecast of $13.2 billion to $13.6 billion. T-Mobile added 850,000 postpaid phone customers in the third quarter, the highest among peers, beating FactSet estimates of 773,400 additions. It raised its full-year forecast for wireless subscriber net additions to between 5.7 million and 5.9 million, up from its earlier forecast of 5.6 million to 5.9 million. The telecom industry has been seeing a gradual moderation in postpaid phone net additions after hitting record levels in 2021 and 2022. Industry-wide postpaid phone net additions are expected to moderate in 2023 to 8.5 million from a near-record 9.3 million in 2022, according to analysts at Goldman Sachs.

Persons: Leonhard Foeger, Jamie Lumley, Goldman Sachs, Samrhitha, Vinay Dwivedi Organizations: Mobile, REUTERS, Verizon, Rivals Verizon, Thomson Locations: Mobile Austria, Vienna, Austria, Bengaluru

☆ Stocks like Microsoft have more room to run, as analysts name their top fourth-quarter picks
▼ + stars: | 2023-10-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Wall Street analysts have issued their lists of top stocks for the fourth quarter, and a slate of familiar names made the cut. These companies are firing on all cylinders and have more room to run, they said. They include Nvidia , Microsoft, Boeing and T-Mobile. Microsoft Buy any dip in the tech giant's shares, Wells Fargo said earlier this week. In addition, Boeing is in a "premier position" with its jumbo jet manufacturing as the company maintains a large market share, the firm said.

Persons: Wells Fargo, Michael Turrin, ROY, Wells, Mobile Goldman Sachs, Brett Feldman, Feldman, Goldman, Ronald Epstein, AeroSystems, Epstein, Grace, Hopper, C27E, …, Goldman Sachs Organizations: CNBC, Nvidia, Microsoft, Boeing, Mobile, Sprint, Boeing Global, Bank of America, Mizuho, ~$

☆ Late Bardhi goal earns North Macedonia 1-1 draw with Italy
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +2 min

SKOPJE, North Macedonia, Sept 9 (Reuters) - North Macedonia captain Enis Bardhi's stunning free kick cancelled out Ciro Immobile's header to earn a 1-1 home draw against Italy in their Euro 2024 Group C qualifier on Saturday, spoiling Luciano Spalletti's debut as the Azzurri coach. Italy remain third in the group level on four points with fourth-placed North Macedonia although the Italians have only played three games to their opponents' four. Italy midfielder Sandro Tonali hit the post with a low shot shortly after and Bryan Cristante was denied by goalkeeper Stole Dimitrievski from close range. But Bardhi did finally conjure up a late equaliser to give his side a boost before they visit bottom side Malta on Tuesday. (This story has been refiled to make clear the reference is to Spalletti's debut in paragraph 9)Reporting by Anita Kobylinska in Gdansk; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Enis Bardhi's, Ciro Immobile's, Luciano Spalletti's, Nicolo Barella, Bardhi, Spalletti, Roberto Mancini, Barella, Bojan Miovski, Sandro Tonali, Bryan Cristante, Dimitrievski, Anita Kobylinska, Ken Ferris Organizations: Italy, England, Ukraine, San, Malta, Thomson Locations: SKOPJE, North Macedonia, Italy, Saudi Arabia, Macedonia, Ukraine, San Siro, Gdansk

☆ Watch CNBC's full interview with T-Mobile's Mike Sievert on competition in telecom space
▼ + stars: | 2023-09-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with T-Mobile's Mike Sievert on competition in telecom spaceMike Sievert, T-Mobile President and CEO, joins 'Power Lunch' to discuss T-Mobile offering a $19 billion buyback plan with $3.75 billion in dividends, reducing headcount to abate the costly economic headwinds, and offsetting the impacts of rising hardware costs.

Persons: Mike Sievert Organizations: Mobile

☆ China's auto workers bear the brunt of price war as fallout widens
▼ + stars: | 2023-09-05 | by ( ) www.reuters.com time to read: +9 min

Millions of auto workers and suppliers in China are feeling the heat as an electric vehicle price war forces carmakers to shave costs anywhere they can. State-run China Automotive News estimates there are over 100,000 auto suppliers in the country. Suppliers typically negotiate prices once a year, but many have been pressed to lower prices on a quarterly basis in 2023, two senior executives at auto suppliers said. And in June, a group of small suppliers wrote to state-owned Changan Automobile to push back against 10% price reductions. Three months later, he told Reuters that price cuts had been more aggressive in 2023 than in previous years.

Persons: Aly, Mike Chen, Chen, carmakers, Tesla, George Magnus, Elon Musk, Mike Chen's, Li Auto, Liu, Changan Automobile's, Chen Yudong, They've, Zhang Yan, Brenda Goh, Kripa Jayaram, Marius Zaharia, David Clarke Organizations: SAIC Volkswagen, REUTERS, Rights, Shanghai, SAIC, Volkswagen, VW, Oxford University's China, China Passenger Car Association, Tesla, GM, HK, Changan Automobile, Mitsubishi Motors, Toyota, Hyundai, China Automotive, Automobile, EV, Reuters, Thomson Locations: Shanghai, China, China's, Beijing, Shenzhen, Hefei, Chongqing, Chery's, Qingdao

☆ China EV brand Zeekr to launch its first luxury sports car
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +1 min

A man walks past a sign of Geely's new premium electric vehicle (EV) brand Zeekr at its factory in Ningbo, Zhejiang province, China April 15, 2021. REUTERS/Yilei Sun/File PhotoSHANGHAI, Aug 10 (Reuters) - China's Zeekr, Geely Automobile's (0175.HK) electric vehicle brand, said on Thursday it will launch its first luxury sports car, which will be priced above 1 million yuan ($140,000). BYD launched an electric off-road SUV with a starting price of 1.098 million yuan as the first model under its luxury brand Yangwang in January. Founded in 2021 as a premium EV brand, Zeekr has three models for sales with starting prices ranging from 189,800 yuan to 499,000 yuan. ($1 = 7.2116 Chinese yuan renminbi)Reporting by Zhang Yan, Brenda Goh; Editing by Edmund Klamann and Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Geely Automobile's, Tesla, EVs, BYD, Zeekr, Zhang Yan, Brenda Goh, Edmund Klamann Organizations: REUTERS, Yilei, HK, EV, Thomson Locations: Ningbo, Zhejiang province, China

☆ T-Mobile posts highest Q2 subscriber adds in eight years, beating estimates
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +1 min

July 27 (Reuters) - T-Mobile US (TMUS.O) topped Wall Street expectations for quarterly wireless subscriber additions on Thursday, as cost-conscious customers flocked to its cheaper plans and superior 5G services in a highly competitive market. The U.S. wireless carrier said it added 760,000 postpaid phone subscribers - its highest second-quarter additions in eight years. The figure was also higher than additions posted by rivals AT&T and Verizon and beat expectations of 708,800, according to Visible Alpha. Total revenue for the quarter fell 2.6% to $19.20 billion, missing analysts' estimate of $19.31 billion, according to Refinitiv data. By contrast, Verizon reported a churn of 0.83% for monthly phone subscribers, while AT&T's came in at 0.79%.

Persons: Samrhitha, Pooja Desai Organizations: Mobile, Sprint, AT, Verizon, Alpha, T's, Thomson Locations: U.S, Bengaluru

☆ Cramer's Lightning Round: Don't touch AST SpaceMobile
▼ + stars: | 2023-07-18 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon AST SpaceMobile's year-to-date stock performance. Stock Chart Icon Stock chart icon Alexandria Real Estate's year-to-date stock performance. Stock Chart Icon Stock chart icon Centene's year-to-date stock performance. Stock Chart Icon Stock chart icon StoneCo's year-to-date stock performance. Stock Chart Icon Stock chart icon Incyte's year-to-date stock performance.

Persons: Jimmy Chill, that's Tesla, Don Wood, Michael Neidorff, he's, it's Organizations: Alexandria Real, Federal Realty Locations: Alexandria, Federal

☆ Belgium's Proximus to buy 58% stake in India's Route Mobile for $721 mln
▼ + stars: | 2023-07-17 | by ( ) www.reuters.com time to read: +2 min

Proximus Opal, a unit of Belgian telecom service provider Proximus Group, has clients such as Salesforce and Bytedance, while Route Mobile's clients include Amazon and Indian telecom service provider Airtel. However, Clear Bridge Ventures, an affiliate of some Route Mobile promoters, will buy a minority stake of up to 14.5% in Proximus Opal for about 299.6 million euros (nearly $337 million). Proximus Opal will also have to make an offer to buy an additional stake of up to 26% in Route Mobile at the same price from retail shareholders, according to Indian regulations. "The partnership ... paves the way for Route Mobile to achieve a billion-dollar annual revenue run-rate much sooner than the anticipated 3-4 year time frame," said Rajdip Gupta, Route Mobile's CEO, who will also lead the combined company. ($1 = 82.1570 Indian rupees) ($1 = 0.8910 euros)Reporting by Rama Venkat and Sethuraman NR in Bengaluru; Editing by Dhanya Ann Thoppil and Janane VenkatramanOur Standards: The Thomson Reuters Trust Principles.

Persons: Opal, Rajdip Gupta, Morgan Stanley, Rama Venkat, Sethuraman, Dhanya Ann Thoppil Organizations: Route Mobile, Proximus, Airtel, Mobile, Route, Clear, Ventures, Thomson Locations: BENGALURU, Belgian, India, Bengaluru

LONDON, June 28 (Reuters) - Zeekr, Geely Automobile's (0175.HK) electric brand, said on Wednesday that two of its all-electric luxury cars are available for pre-order in the Netherlands and Sweden, joining a growing number of Chinese EV makers launching vehicles in Europe. Deliveries for the Zeekr 001 estate and the Zeekr X SUV are set to begin in the autumn, the company said. Pricing for the Zeekr 01 starts at 59,490 euros ($65,076) including taxes, while the Zeekr X starts 44,990 euros. "Our plan is that through 2026 we will cover the majority of western Europe," he told Reuters. Other Chinese EV makers including BYD, Xpeng and Aiways have all launched sales in Europe, seeking to gain market share while many consumers are still new to EVs.

Persons: Geely Automobile's, Spiros Fotinos, Europe's, Fotinos, Nick Carey, Johan Ahlander, Sameer Manekar, Janane Venkatraman, David Evans Organizations: HK, EV, Reuters, Thomson Locations: Netherlands, Sweden, Europe, Gothenburg, Spiros, Denmark, Germany, France, Norway, China, Stockholm, Amsterdam, Bengaluru

☆ Stocks making the biggest premarket moves: GameStop, Wynn Resorts, Lucid, Adobe & more
▼ + stars: | 2023-06-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

Check out the companies making the biggest moves in premarket trading:GameStop — Shares plummeted nearly 21% in premarket trading. Wynn Resorts , Las Vegas Sands — The casino operators both shed about 2% following a downgrade by Jeffries to hold from buy. Signet Jewelers — Shares tumbled nearly 11% after the jeweler provided second-quarter revenue and operating-income guidance that fell short of expectations. T-Mobile — Shares of the wireless provider added about 1% in premarket trading after Wolfe Research upgraded T-Mobile to outperform from peer perform. HashiCorp - The stock sank more than 22%, a day after the company reported a first-quarter earnings miss and revenue beat.

Persons: Matthew Furlong, Ryan Cohen, Jeffries, Zhu Jiang, Wolfe, HashiCorp, Jesse Pound, Sarah Min, Brian Evans Organizations: GameStop, Wynn Resorts, Sands, Signet, Reuters, Mobile, Wolfe Research, Adobe, Adobe Express Locations: New York, Las, China

☆ Wolfe says T-Mobile can rally more than 25% following recent selloff
▼ + stars: | 2023-06-08 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Wolfe Research has once again turned bullish on T-Mobile following a recent bout of underperformance. The stock has fallen 9.6% so far this year, an underperformance that has made Supino optimistic that the stock will have upside. That's because of the 4% or more organic postpaid service revenue growth expected through 2024 and positive current-quarter guidance on postpaid phone net adds despite decelerations elsewhere. T-Mobile should be able to continue getting the bulk of Big-3 net adds given its under-index to small markets, he said. And Supino said the company should feel the last tailwinds from churn reducing among Sprint subscribers after it merged with T-Mobile.

Persons: Wolfe, Peter Supino, there's, Supino, — CNBC's Michael Bloom Organizations: Wolfe Research, Mobile, Sprint

☆ Cramer's lightning round: Stay away from Virgin Galactic
▼ + stars: | 2023-05-12 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

Stock Chart Icon Stock chart icon Virgin Galactic's year-to-date stock performance. Stock Chart Icon Stock chart icon Fastly's year-to-date stock performance. Stock Chart Icon Stock chart icon SpaceMobile's year-to-date stock performance. Stock Chart Icon Stock chart icon Rocket Companies' year-to-date stock performance. Stock Chart Icon Stock chart icon Catalyst Pharmaceutical's year-to-date stock performance.

☆ T-Mobile misses estimates for quarterly revenue, wireless subscriber additions
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +1 min

April 27 (Reuters) - Wireless carrier T-Mobile US Inc (TMUS.O) missed Wall Street estimates for first-quarter revenue and monthly bill-paying phone subscriber additions on Thursday, weighed down by intense competition and consumers postponing upgrades to their plans. T-Mobile added 538,000 monthly bill-paying phone subscribers in the quarter, compared to analysts' expectation of 547,800 net additions, according to FactSet. T-Mobile, however, raised its full-year forecast for wireless subscriber growth. It now expects wireless subscriber net additions between 5.3 million and 5.7 million, compared with its earlier forecast of 5.0 million to 5.5 million in the year through December. Analysts and investors generally watch wireless subscriber phone figures closely as those customers pay a recurring monthly bill, making them valuable to the carriers.

The deal was opposed by consumer advocates and politicians on worries it could lead to higher prices due to an overlap between Rogers and Shaw's wireless divisions. Rogers reaffirmed its conditions, including setting up a western headquarters in Calgary, creating 3,000 new jobs in Western Canada and investing C$6.5 billion to upgrade connectivity. If it breaches the commitments, Rogers (RCIb.TO) will have to pay a fine of as much as C$1 billion, Champagne said at a news conference in Ottawa. Champagne said if wireless prices do not go lower, he would seek further legislative and regulatory powers. Rosa Addario, a spokesperson for internet advocacy group OpenMedia, said the concessions sought by the government were unlikely to result in lower prices.

☆ Factbox: Canada clears Rogers-Shaw deal but with conditions
▼ + stars: | 2023-03-31 | by ( ) www.reuters.com time to read: +2 min

March 31 (Reuters) - Canada on Friday granted the final approval for Rogers Communications Inc's (RCIb.TO) C$20 billion ($15 billion) buyout of Shaw Communications Inc (SJRb.TO), clearing the deal that will create the country's No. 2 telecoms company. Minister of Innovation, Science and Industry Francois-Philippe Champagne agreed to the transfer of wireless licenses held by Shaw's Freedom Mobile unit to Quebecor Inc's (QBRb.TO) Videotron under some conditions. CONDITIONS ACCEPTED BY ROGERS* Will have to create 3,000 new jobs in Western Canada and maintain them for a minimum of 10 years after the closing date* Invest at least C$2.5 billion to enhance its 5G network in Western Canada, and C$3 billion in additional network service expansion projects* Expand access to low-cost broadband internet plans and launch a new low-cost mobile offering for low-income Canadians* Invest C$1 billion to expand broadband internet access, at speeds of at least 50/10 megabits per second, and 5G mobile service in areas where it is not currently available* Establish a western headquarters in Calgary and maintain it for a minimum of 10 years after the closing date* To report to Innovation, Science and Economic Department and to the public every year on specific progress it has made towards commitments in the agreement* Will have to offer wireless plans to Shaw Mobile customers at Shaw's current prices for 5 years after deal close* To pay C$100 million for every year in which any "material element" of any commitment is not metCONDITIONS ACCEPTED BY VIDEOTRON* Will need to offer plans that are comparable to those currently available in Quebec, and offer options at least 20% cheaper than that of major players* Cannot transfer Freedom Mobile licenses for 10 years* Will have to expand its 5G wireless network in Freedom Mobile's pre-existing operating territory within 2 years* Will increase data allotments of existing Freedom Mobile customers by 10% as a near-term bonus, while investing to bring down prices overall* Will expand mobile service into the Canadian province of Manitoba via the use of a signed Mobile Virtual Network Operator (MVNO) agreement and offer plans comparable to what it offers in Quebec* To pay C$25 million for every year in which any "material element" of any commitment is not metCompiled by Eva Mathews in Bengaluru; Edited by Shounak DasguptaOur Standards: The Thomson Reuters Trust Principles.

☆ See inside a few of the coolest offices in North America, where frozen yogurt is served out of Airstreams and conference rooms have holograms. Should your office be on the list? Let us know.
▼ + stars: | 2023-03-27 | by ( Jordan Pandy | ) www.businessinsider.com time to read: +2 min

Office use on average is around 50% of prepandemic levels in major cities like New York. Employers are responding with amped up perks and spaces that allow for hybrid work. From an Airstream trailer serving frozen yogurt to fort-like meeting rooms, see a few office perks. Take a peek at a few of the offices that are pulling ahead of the pack. If your office opened after 2020 and you think it should be on this list, email reporter Jordan Pandy at jpandy@insider.com.

☆ T-Mobile scoops up owner of Ryan Reynolds-backed Mint Mobile for $1.35 bln
▼ + stars: | 2023-03-15 | by ( ) www.reuters.com time to read: +2 min

March 15 (Reuters) - T-Mobile US Inc (TMUS.O) said on Wednesday it would buy Ka'ena Corp, the owner of Ryan Reynolds-backed budget service provider Mint Mobile, for up to $1.35 billion, as the telecom operator looks to maintain growth in a competitive market. The deal will allow T-Mobile to tap a larger share of the pay-as-you-go customer base, whose numbers are expected to swell as credit-challenged people shy away from hefty monthly bills. The purchase will add slightly to T-Mobile's core adjusted earnings, but is not expected to affect its outlook for the year. "Over the long term, we'll also benefit from applying the marketing formula Mint has become famous for across more parts of T-Mobile," said Mike Sievert, Chief Executive Officer of T-Mobile. Reporting by Akash Sriram in Bengaluru; Editing by Saumyadeb Chakrabarty and Uttaresh VenkateshwaranOur Standards: The Thomson Reuters Trust Principles.

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