AT&T and Verizon Wireless claimed a victory in the country's most lucrative spectrum auction ever. This feat holds significance for the companies as it serves the means of maintaining the infrastructure advantages they have over smaller competitors.

According to a new Bloomberg report, French telecom firm Iliad is apparently mulling a second bid for the acquisition of US wireless carrier T-Mobile.

With the onslaught of low-cost carriers having escalated the mobile wars in the US, bigwig carrier AT&T has recently announced new promotional Mobile Share Value plans, under which the company is offering double the amount of data on its existing 15GB to 50GB plans.

Orange, a French multinational telecommunications corporation, said that it is not interested in further acquisitions in other countries after the company has brought a Spanish competitor ‘Jazztel’. The company said that acquisition of Jazztel will add to its earnings by 2017.

Internal Revenue Service has issued a warning against the ongoing scam phone calls. David Tucker, IRS Seattle spokesman, clarified that the calls are not from IRS, but instead some fraud scammers, who are calling taxpayers and are demanding money for them or asking for some personal information.

Some callers have even threatened people if they don't meet the demands, they could face arrest.

AT&T spokesman Brad Burns said in an emailed statement on Tuesday that the carrier is amalgamating its wireless and business divisions into one single unit, which will be called the AT&T Mobile and Business Solutions Group.

In a Tuesday announcement, the US wireless carrier AT&T said that its GigaPower fiber Internet service will be launched in Cupertino, California, in a few months.

At an investor conference in Boston on Wednesday, T-Mobile's Chief Financial Officer Braxton Carter said that French firm Iliad SA's $15 billion bid for acquiring T-Mobile is a "very inadequate" proposal.