AT&T (NYSE:T): AT&T workers did not ratify a three-year contract that would have included higher wages for 17,000 wireline employees in California and Nevada, and the company said that it was disappointed but will keep working to reach an agreement. AT&T had been in negotiations with the Communications Workers of America District 9 union, which has represented the employees for about a year. “It was unfortunate that the very fair and reasonable contract was not ratified,” AT&T said in a statement, according to Fox Business.
Verizon Wireless (NYSE:VZ): The company updated its messaging service allowing both users to send text and multimedia messages from a PC or tablet like one would from a phone, GigaOM said. This new integrated messaging feature will divorce Verizon’s SMS service from the device that it is attached to, and this virtualizes the customer’s messaging client in an Android tablet or iPad app or within a web browser. On the PC, a user is able to activate the service via the My Messaging tab once they are logged into the Verizon’s customer portal. As long as the messaging portal continues to be open, messages pop up in your PC (Chrome, Safari, Internet Explorer and Firefox are supported, though Explorer won’t receive pop-up notifications). On the tablet, the service will work similarly to any other messaging apps, spawning push notifications whenever a new SMS or MMS is received.
MetroPCS Communications (NYSE:PCS): Activist investor P. Schoenfeld Asset Management LP became more serious about its campaign on Friday against MetroPCS Communications’ proposed merger with Deustche Telekom’s T-Mobile USA, and he has called on MetroPCS’s chief executive and another director to step down. The investment firm has been urging other shareholders to vote against the deal and complained about the terms of the transaction and the amount of debt that the combined company would have. PSAM, claims that it owns nearly 2.5 percent of MetroPCS shares, and in a statement made on Friday, it stated that MetroPCS’s chief executive Roger Linquist and board member Kevin Landry should step down and that Linquist should resign as CEO if shareholders vote down the proposed deal, Reuters reports.
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