The U.S. wireless industry is dominated by four major players: Verizon, AT&T, T-Mobile and Sprint. Now that just about everyone has a cellphone, each operator is looking for new ways to grow. But how did we go from the days of one giant landline monopoly to four competitive cell companies? Illustration: Shaumbe Wright/WSJQualcomm Inc. raised its bid for NXP Semiconductors NV to about $44 billion and locked up support from key investors, as the chip maker seeks to fend off a $121 billion hostile takeover approach by Broadcom Ltd. The move, announced Tuesday, sets up a March 6 showdown after months of sniping between Qualcomm and Broadcom, which has put forth its own slate of directors for Qualcomm investors to vote on at the company’s annual shareholder meeting.

Source: Wall Street Journal February 20, 2018 10:51 UTC