Verizon Communications is forcing customers in southern California to move from traditional telephone service to voice over IP or wireless services, a consumer advocacy group has said in a complaint filed with the state.
Government panel the Committee on Foreign Investment in the United States (CFIUS) has given its approval for Japanese mobile carrier SoftBank to acquire a majority stake in Sprint Nextel in a US$20 billion deal.
SoftBank has received all the necessary state approvals for the Japanese mobile carrier to acquire a majority stake in Sprint Nextel for US$20 billion, the companies announced.