carrier

The news that the U.S.'s No. 2 wireless carrier, AT&T, is buying No. 4 carrier T-Mobile has squelched hopes that T-Mobile would join forces with Sprint. What else does this deal mean for the No. 3 carrier?

Nokia (NOK), the Finnish mobile phone maker, jumped in extended trading after appointing Stephen Elop as president and CEO. Nokia rose 5.3% to $10.28 a share at 6:32 a.m., Eastern time. The shares gained 0.6% to $9.76 on Thursday. Elop, who is currently head of Microsoft Corp.'s (MSFT) Business...