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T-Mobile to Sell Wireline Business to Cogent in Billion Dollar Deal

T-Mobile US Inc announced on Wednesday its intention to offload its wireline business to Cogent Communications Holdings Inc. While the exact purchase price has not been disclosed, a $1 billion pre-tax charge in the third quarter of 2022 is expected to be imposed as...

T-Mobile Settles 2021 Data Breach Suit for $350 Million

The data breach and cyberattack that cost more than 76 million T-Mobile users their data in 2021 is going to be pricey for the telecommunication company. According to an SEC filing on Friday, T-Mobile settled a resulting lawsuit for a sum of $350 million. The...