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Apple Music tops 10 mln paid subscribers - report
2016-01-11 09:33:00| Telecompaper Headlines
(Telecompaper) Apple Music has passed 10 million paid subscribers, six months after its launch, people familiar with the matter told the Financial Times. The service launched in over 100 countries last June and Apple said in October that it had 6.5 million paying subscribers. The company offers the first three months of the service free. Apple Music is still smaller than Spotify, which claimed last June over 20 million paid subscribers.
UPDATE 1-Ex-Qwest CEO Nacchio wins $14 mln verdict vs Goldman unit -lawyer
2016-01-08 02:57:05| Telecom - Topix.net
Joseph Nacchio, the former Qwest Communications International chief executive, on Thursday won a $14.2 million jury verdict against a Goldman Sachs Group Inc unit and financial adviser over the sale of life insurance policies, his law firm said. Nacchio and his wife accused Goldman's Ayco financial planning unit and their former adviser David Weinstein of breaching their fiduciary duties by failing to tell them that the $95 million of variable life insurance they bought in 2000 would likely lapse before they died.
Ex-Qwest CEO Nacchio wins $14 mln verdict vs Goldman unit, law firm says
2016-01-08 01:07:47| IT Services - Topix.net
Joseph Nacchio, the former Qwest Communications International [CTLQW.UL] chief executive, has won a $14.2 million jury verdict against a Goldman Sachs Group Inc unit and financial adviser over the sale of life insurance policies, his law firm said on Thursday. Nacchio and his wife said Goldman's Ayco financial planning unit and their former adviser David Weinstein breached their fiduciary duties by failing to tell them that the $95 million of variable life insurance they bought in 2000 would likely lapse before their life expectancies, the law firm Nagel Rice said.
UPDATE 1-United Technologies to record $870 mln in pretax charge in Q4
2016-01-06 15:49:36| Paper - Topix.net
UTC, the U.S. aerospace and building systems conglomerate, said Pratt & Whitney Canada will make four annual payments to the Canadian agencies in the form of royalties, commencing this month, to settle its contractual obligations.
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T-Mobile US adds 2.1 mln customers in Q4
2016-01-06 15:33:00| Telecompaper Headlines
(Telecompaper) T-Mobile US has provided preliminary customer number for the fourth quarter, saying it added 2.1 million total net customers, 1.3 million branded postpaid net customers, 917,000 branded postpaid phone net customers and 469,000 branded prepaid net customers. Branded postpaid phone churn fell 27 basis point year-on-year to 1.46 percent.
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