3G

abbreviation

Telecommunications, Digital Technology.

1. third-generation: being or relating to a mobile device or communications technology that is more advanced than the earlier two versions, using high-speed broadband to support internet access and multimedia applications.

   3G tablets and e-readers.

3G

abbreviation

1. third-generation; a system for mobile phones allowing fast connection, internet access, digital photography, graphics transmission and display, and other advanced features

Word History and Origins

Origin of 3G¹

First recorded in 1995–2000

Example Sentences

Skechers investors are suing company executives and Skechers owner 3G Capital over what they say was an unfair sale price in an acquisition earlier this year.

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In a class action complaint filed this month in Delaware Chancery Court, hedge funds and other large Skechers investors accused the company and 3G Capital of arranging a non-independent deal that shortchanged minority shareholders.

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The Manhattan Beach-based footwear company Skechers will be sold to investment firm 3G Capital for $9.4 billion.

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Shares bounced back up 30% after the 3G Capital deal was announced.

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Around the time of the acquisition, 3G Capital and Skechers said the purchase price represented a 30% premium to the company’s 15-day volume-weighted average stock price.

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