Tag Archives: bad-request

Will Price War Pain Ease For Wireless Firms In Q2?

It’s a big debate in the wireless industry: When will a wireless war that has taken a toll on a closely watched financial metric — average monthly revenue per subscriber (user) — ease up? Industrywide, ARPU fell 8.8% in Q1. Mike McCormack, an analyst at Jefferies, says ARPU results might improve in Q2 earnings reports. “Wireless competitive concerns persist, though the environment seems less aggressive than prior quarters,” he said in a research

Comcast Not Keen On T-Mobile Takeover, Has Options

Despite a German media report that Comcast (CMCSA) is in talks with Deutsche Telekom to acquire U.S.-based T-Mobile (TMUS), a source close to Comcast says the cable TV firm isn’t interested. “Comcast is not interested in T-Mobile,” the industry source told IBD. Comcast has touted its plans to expand public Wi-Fi networks. Comcast also has the option of leasing wholesale network capacity from Verizon Wireless, owned by Verizon Communications (VZ),

Biotech IPO Nivalis Up On Big Week For New Issues

Nivalis Therapeutics (NVLS) stock rose on its first day of trading Wednesday in an IPO that raised $77 million for the biotech company. Nivalis is a clinical stage pharmaceutical company focused on the development and commercialization of small molecule therapeutics for patients with cystic fibrosis. Nivalis priced 5.5 million shares at 14, the midpoint of its estimated price range. The company initially planned to sell 4.3 million shares. Nivalis