Mobile

Microsoft Seeks EU Approval for $7.5B Nokia Deal

Microsoft has asked EU antitrust regulators to approve its 5.44-billion-euro ($7.49 billion) takeover of Nokia's phone business as part of a push into the mobile devices business.

Crown Castle to Pay $4.85B for AT&T Cell Towers

AT&T will lease about 9,100 cell towers and sell another 600 to Crown Castle for $4.85 billion, ending the company's search for a buyer interested in its wireless infrastructure.

Sprint Shares Rally as 2Q Sales Grow

Sprint posted a wider-than-feared 2Q loss due to the shutdown of its Nextel business and a bigger-than-expected drop in contract subscribers.

Reports: Clearwire Set to Back Dish Bid

The special committee formed by Clearwire’s board is set to delay a shareholder vote and back Dish Network’s tender offer, spurning majority owner Sprint.