Lifeline

In 1985, The Federal Communications Commission introduced a program called Lifeline, under which low income Americans could get access to telephone lines. However, with landlines becoming largely obsolete in the age of smartphones and the internet the program was reworked to include mobile and...

AT&T (NYSE: T) announced Thursday that its $1.3 billion acquisition of Leap Wireless (NASDAQ: LEAP) and its Cricket brand was now complete. The announcement followed a statement by the Federal Communications Commission on its website that it had approved the deal, which had originally been...