Sony on Thursday announced the transaction to acquire Ericsson’s 50% stake in Sony Ericsson has been completed. Sony and Ericsson announced the deal last October, which was worth €1.05 billion in cash and made Sony Ericsson a wholly-owned subsidiary of Sony. The company will be renamed to Sony Mobile Communications and will “further integrate the mobile phone business as a vital element of its electronics business, with the aim of accelerating convergence between Sony’s lineup of network enabl...

Microsoft announced on Friday that it has completed its $8.5 billion purchase of Skype. Skype will exist as a new division within Microsoft and Skype CEO Tony Bates will continue to serve as the head of the Skype team. In addition, Skype’s employees around the globe will remain in their current offices. Microsoft confirmed that it will work to integrate Skype into its existing products, but it did not specifically say which products or when that would begin to happen. “We look forward to working w...

For those of you who were completely underwhelmed by the realities of Project Dark and have a fear of post-paid contract rate plans, T-Mobile has something new for you. Say hello to “T-Mobile Complete.” T-Mobile Complete, and the accompanying “Complete Kits”, will come with the phone of your choice and, uh, well…that’s about it. No contracts, commitments, or legalities involved. Now, we know what you are thinking, why is this news? Well, T-Mobile has stated that the BlackBe...

Verizon Wireless announced on Friday that it has completed its acquisition of Alltel. Verizon paid $5.9 billion for the equity of Alltel and assumed all of Alltel’s approximately $22.2 billion in debt. Verizon will gain an additional 12.9 million customers, making Verizon the largest wireless carrier in the US with 83.7 million total customers. Verizon will maintain the Alltel brand and customers of Alltel will retain their current handsets and calling plans during the transition. Verizon will notify cu...