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Report: Africa is World’s Fastest Growing Mobile Phone Market

Posted November 9th, 2011 at 10:55 am (UTC-5)
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A global industry group says Africa is the fastest growing mobile phone market in the world. In a report released Wednesday, the Groupe Speciale Mobile Association said the continent is also the world’s second largest mobile market by connections, after Asia. The GSMA said Africa outpaced all other mobile phone markets in a three-month period […]

Tags: , , Posted in Africa

AT&T Plans To Buy Rival T-Mobile Hit Legal Obstacle

Posted August 31st, 2011 at 11:25 am (UTC-5)
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The U.S. Justice Department has filed suit to block AT&T’s planned $39 billion deal to buy a rival mobile phone company called T-Mobile. AT&T is the second-largest mobile phone company in the country, while T-Mobile ranks fourth. In court papers filed Wednesday, Justice officials said the deal could hurt competition and raise prices for consumers. […]

Tags: , , Posted in Economy, US

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