T-Mobile rules out bid for H-Block spectrum

NEW YORK Tue Nov 12, 2013 11:32am EST

NEW YORK Nov 12 (Reuters) - T-Mobile US Inc said on Tuesday it would not participate in a spectrum auction the U.S. government plans to hold in January but still left investors in suspense over how it will use the proceeds from a roughly $2 billion stock offering.

T-Mobile had said it could buy wireless airwaves using the money from a sale of more than 72 million shares, announced on Monday.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.