Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



A Foolish Week of Telecom

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

The announcement of the day comes from the Federal Communications Commission, whose chairman, Julius Genachowski, said he will be leaving his post in the coming weeks.

Genachowski told his staff:

"I'm proud of what we've done together to harness technology to advance the American dream for the 21stcentury. I know you'll continue to fight hard to fulfill this agency's vital mission, and I look forward to continuing to work together until my last day at the agency, and to count you as family and as an inspiration for long after that."

The iPhone toss, more refreshing than a sauna
Nokia (NYSE: NOK  ) CEO Stephen Elop, appearing on Finnish TV, decided to help the program’s host make up his mind about a new phone.

The host pulled out his iPhone on air, which prompted a "how embarrassing" comment from Elop. The host told Elop he actually wanted to lose the iPhone and get a Nokia phone. Elop then said, "I can take care of that for you" and tossed the iPhone aside, which landed with an audible crash.

The TV presenter remained unfazed and Elop said, with a smile, he would replace what’s left of the iPhone with a Nokia. Here’s the video.

Wait, that’s not all
BlackBerry  (NASDAQ: BBRY  ) CEO Thorsten Heins also had a go at Apple’s (NASDAQ: AAPL  ) iconic phone, just not physically.

Days before BlackBerry’s great hope for redemption, when the BB Z10 was about to go on sale in the U.S., Heins told the Australian Financial Times newspaper in an interview that "The user interface on the iPhone, with all due respect for what this invention was all about, is now 5 years old."

But he did admit “I do not believe that Apple is worried much about BB10 stealing sales. ...  [I]t will be extremely hard to get customers who have an iPhone to switch over to a BB10 device. It would have been much easier to convert customers to BB10 a couple of years ago when there was a larger BlackBerry install base at the high end.”

All over but the shouting
MetroPCS (NASDAQ: TMUS  ) and T-Mobile USA got the last of the regulatory approvals for their merger out of the way this week when the Committee on Foreign Investment in the U.S. signed off on the deal, which was necessary because the German company Deutsche Telekom is the parent of T-Mobile. The FCC and the Department of Justice have already given the venture the OK .

However, on April 12 there will be a special shareholders meeting, at which the proposed deal will be put up to a vote, and there has been opposition to its going through.

P. Schoenfeld Asset Management and Paulson & Co., together holders of almost 12% of MetroPCS’ outstanding shares, have been vocal in their criticism of the merger. They have questioned the high debt the deal would put on MetroPCS’ shoulders as well as a high interest rate on that debt .

Where’s Roger?
Not waiting for the final vote on the merger, the three companies involved -- MetroPCS, T-Mobile, and Deutsche Telekom -- have already released the list of directors for the board of the proposed new company.

MetroPCS’ Chairman, CEO, and Co-founder Roger Linquist was notably not on that list, making one wonder if he will still be involved with the company if the merger passes.

Not-so-great expectations
Fitch Ratings has lowered its outlook for Frontier Communications (NASDAQ: FTR  ) from stable to negative. It just doesn’t think Frontier will have the growth over the next two to three years the ratings agency had expected.

However, Fitch does expect Frontier’s debt leverage to lower slightly by the end of 2014, to 3.1 times. If it doesn’t, though, and the leverage rises to 3.3 times or more, Frontier see its current BB+ rating downgraded.

It’s all in the wrist
We all have heard about Google (NASDAQ: GOOGL  ) Glass, the company’s smartphone/camera/camcorder worn like a pair of glasses. And we know about Apple developing an iWatch (whether that will end up being its name or not).

Now there’s one more big name entering the developing world of wearable computing devices. Samsung, too, according to Bloomberg, has joined the small (so far) crowd.

"We’ve been preparing the watch product for so long," Samsung executive Lee Young Hee told Bloomberg in an interview. “We are preparing products for the future, and the watch is definitely one of them.”

Nokia's been struggling in a world of Apple and Android smartphone dominance. However, the company has banked its future on its next generation of Windows smartphones. Motley Fool analyst Charly Travers has created a new premium report that digs into both the opportunities and risks facing Nokia to help investors decide if the company is a buy or sell. To get started, simply click here now.

Read/Post Comments (0) | Recommend This Article (3)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2328521, ~/Articles/ArticleHandler.aspx, 5/4/2016 11:08:33 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Dan Radovsky

Today's Market

updated 1 hour ago Sponsored by:
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASD 4,725.64 -37.59 -0.79%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/4/2016 4:00 PM
AAPL $94.19 Down -0.99 -1.04%
Apple CAPS Rating: ****
BBRY $6.76 Down -0.10 -1.46%
BlackBerry CAPS Rating: *
FTR $5.35 Up +0.13 +2.49%
Frontier Communica… CAPS Rating: ***
NOK $5.76 Down -0.06 -1.03%
Nokia CAPS Rating: **
TMUS $39.10 Down -0.56 -1.41%
T-Mobile US CAPS Rating: ***