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Tue, 22 Sep 2020 15:38:06 +0000	T-Mobile USA, Inc. -- Moody's assigns Baa3 to T-Mobile's proposed senior secured notes Moody's Investors Service (Moody's) has assigned a Baa3 to T-Mobile USA, Inc.'s (T-Mobile) proposed senior secured notes (Secured Notes). T-Mobile's Ba2 CFR reflects the company's large scale of operations, extensive asset base and enhanced industry market position post its April 1, 2020 merger with Sprint Corporation (Sprint) which has resulted in the company exceeding AT&T Inc. (AT&T, Baa2 stable) on a wireless subscriber basis. T-Mobile's financial policy is focused on improving leverage to under 4x (Moody's adjusted) over time as a result of synergies associated with a multi-year integration of Sprint's wireless network into the legacy T-Mobile wireless network, including the successful migration of most of Sprint's customers to T-Mobile's network.
Wed, 24 Jun 2020 20:21:08 +0000	Dish Network Corporation -- Moody's downgrades DISH Network's CFR to B1 and DISH DBS's CFR to B2; assigns B2 to new DISH DBS senior unsecured notes Moody's also downgraded DISH DBS Corporation's, a wholly-owned subsidiary of DISH Network, ("DBS") CFR to B2 from B1, PDR rating to B1-PD from Ba3-PD, senior unsecured debt ratings to B2 from B1 and assigned a B2 rating to DBS's proposed new $1 billion of senior unsecured notes. DISH's speculative grade liquidity (SGL) rating is unchanged from SGL-2.
Wed, 27 May 2020 16:56:10 +0000	John Paulson Adds 2 Stocks to Portfolio, Boosts Tiffany Merger arbitrage specialist releases first-quarter portfolio Continue reading...
Fri, 22 May 2020 15:30:11 +0000	John Paulson Trims Allergan, Sprint, Discovery Firm's largest sales of the 1st quarter Continue reading...
Mon, 18 May 2020 23:21:43 +0000	David Tepper's Appaloosa Buys Twitter, Sells Caesars Guru's firm releases 1st-quarter portfolio updates Continue reading...
Fri, 15 May 2020 20:20:18 +0000	Jim Simons' Top Buys of the 1st Quarter Founder of Renaissance Technologies releases portfolio update Continue reading...
Mon, 13 Apr 2020 20:58:04 +0000	Dish announces layoffs caused by economic downturn Dish Network Corp. (Nasdaq: DISH) has confirmed to Denver Business Journal that it has laid off employees because of the economic crisis caused by the coronavirus. “Due to the current economic climate, combined with changing needs of our customers and how we best serve them, Dish has made the difficult decision to reevaluate our organization," the company said in a statement. The company has about 4,000 employees in the Denver area and 16,000 worldwide, according to DBJ research.
Fri, 03 Apr 2020 17:37:14 +0000	Sprint Spectrum Co LLC, Sprint Spectrum Co II LLC, Sprint Spectrum Co III LLC -- Moody's has upgraded the ratings of Sprint Spectrum Co.'s Senior Secured Notes New York, April 03, 2020 -- Moody's Investors Service, ("Moody's") has upgraded three classes of notes sponsored by Sprint Corporation (Sprint). The Series 2016-1 Class A-1 notes and Series 2018-1 Class A-1 and Class A-2 notes were issued under the same master trust and are backed by a single 30-year lease to Sprint Communications, Inc. (SCI) for a portfolio of wireless spectrum licenses and are further enhanced by guarantees from T-Mobile US, Inc. (T-Mobile US), T-Mobile USA, Inc. (T-Mobile, Ba2 stable), Sprint and certain operating subsidiaries.
Fri, 03 Apr 2020 13:53:01 +0000	T-Mobile Closes Sprint Merger: What's Next for Customers? Within six years, the new T-Mobile (TMUS) is likely to provide 5G service to 99% of U.S. citizens with average speed of above 100 Mbps to 90% of the population.
Fri, 03 Apr 2020 12:32:37 +0000	New T-Mobile CEO Sievert: It’s full-steam ahead after merger Mike Sievert says New T-Mobile will start "lighting up 5G" immediately now that the $37 billion merger has wrapped
Thu, 02 Apr 2020 21:56:08 +0000	U.S. high-grade corporate bond issuance sets weekly record Highly rated U.S. corporate bond issuers raised a record $110.502 billion this week, according to Refinitiv IFR data, as fears that the coronavirus pandemic may limit access to capital markets stoked borrowing. A $19 billion bond from T-Mobile to finance its acquisition of rival telecom Sprint on Thursday helped push this week's issuance past the record $109.1 billion set last week. The market for new investment-grade debt has boomed since the Federal Reserve and Treasury Department last week announced monetary and fiscal stimulus to help contain the economic fallout from the pandemic.
Thu, 02 Apr 2020 05:00:41 +0000	PRESS DIGEST-New York Times business news - April 2
Thu, 02 Apr 2020 03:32:26 +0000	T-Mobile completes acquisition of Sprint, creating nation's third-largest wireless carrier T-Mobile said CEO John Legere is stepping down earlier than expected. He's been replaced by new CEO Mike Sievert.
Wed, 01 Apr 2020 19:20:55 +0000	COVID-19 pushes welcome of Sprint employees to #TeamMagenta online How did Sprint employees mark the completion of the company's merger with T-Mobile? CFH — or celebrate from home.
Wed, 01 Apr 2020 18:30:24 +0000	Sprint Corporation -- Moody's assigns Baa3 to T-Mobile's senior secured credit facilities, downgrades unsecured to Ba3 Moody's Investors Service (Moody's) has assigned Baa3 ratings to T-Mobile USA, Inc.'s (T-Mobile) new senior secured credit facilities (Secured Credit Facilities), comprised of a $4 billion five-year senior secured revolving credit facility (undrawn) and $4 billion seven-year senior secured term loan, and proposed senior secured notes (Secured Notes) of various maturities in USD and/or Eurodollar denominations. Moody's has affirmed T-Mobile's Ba2 corporate family rating (CFR) and Ba2-PD probability of default rating (PDR) and downgraded its senior unsecured rating to Ba3 from Ba2, concluding a review for downgrade on these notes that was initiated on April 29, 2018.
Wed, 01 Apr 2020 16:21:03 +0000	AT&T: Accumulate on Dips The diversified telecom giant has been downgraded by analysts despite growth drivers Continue reading...
Wed, 01 Apr 2020 13:44:42 +0000	T-Mobile completes merger with Sprint The deal comes after a long legal battle between multiple state attorneys general which argued that a merger between T-Mobile and Sprint would be anticompetitive. The combined company will now operate under the T-Mobile name and will trade on the NASDAQ as "TMUS." The deal also enables T-Mobile and Sprint to join their high-band and low-band spectrum that could allow a faster roll-out of national 5G.
Tue, 31 Mar 2020 17:26:13 +0000	Trump to hold call with U.S. internet, mobile phone providers President Donald Trump is holding a call with seven of the biggest U.S. internet and mobile phone providers on Tuesday to talk about how the networks are holding up as tens of millions of Americans work from home. The Federal Communications Commission has said U.S. networks are performing well and has granted temporary access to additional spectrum blocks to help providers manage traffic. AT&T Inc, Verizon Communications Inc, Charter Communications Inc, Comcast, Altice USA , T-Mobile and Sprint Corp are expected to take part in the call.