Tag Archives: bad-request

Viva Mexico! AT&T Strategy Gets Analysts’ Thumbs Up

AT&T’s (T) foray into Mexico is getting upbeat views from Wall Street analysts, though it might take a few years for AT&T to get paid back for its investments. Some analysts question whether Brazil is also on AT&T’s wireless roadmap. AT&T in November agreed to buy Mexico’s No. 3 wireless firm, Iusacell, for $1.7 billion. Iusacell, with 8.6 million subscribers, offers service to 70% of the population. In January, AT&T announced that it would buy

Fitbit Sprints In IPO Debut, Eyes New Growth Models

Fitbit sprinted in Thursday’s stock debut after enjoying the largest technology IPO this year, signaling investor support even as the wearables field becomes more crowded with the Apple Watch and others. The maker of wearable health and fitness trackers rose 48% to 29.68 after trading as high as 31.90. Late Wednesday, Fitbit (FIT) raised $731.5 million, pricing 36.6 million shares at 20 each, above the upwardly revised expected

Alibaba Joins Apple China Supplier To Produce Robots

China e-commerce leader Alibaba Group (BABA) is joining Foxconn Technology Group — Apple ‘s (AAPL) main manufacturer in China — in investing in SoftBank’s robotics business. Alibaba and Foxconn will each invest 14.5 billion yen ($117.8 million) in SoftBank Robotics Holdings, the robotics wing of Japanese communications giant SoftBank Group, according to a statement released Thursday by the three companies. The alliance unites three of Asia’s top