Dish's Vice President of Wireless David Zufall said that it’s more than a proof of concept since it was built in a way that it could be rolled out nationwide. Dish updated its billing system and adopted procedures for its technicians specifically for the project. “We’re getting significantly greater coverage than you would for a mobile service at 2.5 [GHz],” Zufall said.
Sprint and T-Mobile are raising $10 billion to jointly bid in the upcoming 600 MHz incentive...
Lenders are demanding higher fees for financing the deal to...
Both Sprint and T-Mobile are surging in the markets after Nikkei reported SoftBank has...
In his prepared remarks, CEO Randall Stephenson outlines AT&T’s plans to bring broadband access to customers in 48 states, with 80 percent of the locations outside of the company’s wireline footprint. Using “fixed wireless” that combines dedicated spectrum and professional installation, he said the combined companies will be able to offer 15-20 Mbps home broadband to customers as part of a package or as a standalone service.
CNBC is reporting that Sprint and T-Mobile have agreed to a $2 billion breakup fee should their potential merger not go through. The Wall Street Journal had previously reported the breakup fee attached to the merger would be $1 billion. The two companies have also reportedly agreed on T-Mobile as the name for the combined company, lending credibility to reports that T-Mobile CEO John Legere is in line to lead after the merger.
A cooing, gesturing humanoid on wheels that can decipher emotions has been unveiled in Japan by billionaire Masayoshi Son who says robots should be tender and make people smile. Son's mobile phone company Softbank said Thursday that the robot it has dubbed Pepper will go on sale in Japan in February for 198,000 yen ($1,900).
Both Bloomberg and the Wall Street Journal peg the price for T-Mobile at around $40 per share. The Bloomberg report said Sprint will offer DT 50 percent cash and 50 percent stock for part of its 67-percent stake in T-Mobile, leaving DT with a 15-percent interest in the U.S.’s fourth largest carrier.
Deutsche Telekom (DT) has reportedly accepted SoftBank’s offer for T-Mobile, according to Kyodo News. Reports surfaced earlier this year suggesting DT wanted an all-cash offer for its 67-percent stake in T-Mobile, valued around $26 billion. If the reports are true, the deal would come less than one year after SoftBank closed its $21.6 billion deal for a majority stake of Sprint.
As Sprint is reportedly moving ahead with its bid for T-Mobile, Deutsche Telekom (DT) is reportedly requesting a more than $1 billion breakup fee should regulators block the merger. DT, which owns 67 percent of T-Mobile, is requesting the lucrative safety as well as seeking assurances that the T-Mobile brand and some of its management team would remain in place following the deal, according to the Wall Street Journal.
Dish Network Chairman Charlie Ergen said T-Mobile would have “strategic interest” to his company if Sprint’s rumored bid for the carrier falls through. Ergen said Dish doesn’t have the money to outbid Sprint for T-Mobile, or AT&T for DirecTV for that matter, but added that Dish has to be “well positioned so that no matter what happens” and that he thinks “we're there,” according to Seeking Alpha’s transcript.
Masayoshi Son doesn't give up easily. That's the take from a Bloomberg report Thursday that claims Sprint is moving ahead with a bid to acquire T-Mobile. According to the report, Sprint CFO Joe Euteneuer and Treasurer Greg Block have recently held meetings with six banks to ensure financing is ready for a T-Mobile bid. Sprint will likely put forth a bid in the June-July timeframe.
FCC Chairman Tom Wheeler has reportedly proposed limitations for AT&T and Verizon Wireless, who together hold the majority of available low-band spectrum licenses. But the FCC based its rules on “current market structure” and would reconsider if a Sprint-T-Mobile tie-up proceeded, according to a Reuters report.
Masayoshi Son said that if only the big two U.S. carriers are increasing market share—from 56 percent to 73 percent in the last five years—the U.S. wireless market will continue at status quo. “We would like to have partnership with the rural carriers which we do not overlap,” Son said while speaking with press after his keynote.
In this week's episode of SmartWatch, brought to you by SanDisk, we take a look at HTC's new One flagship smartphone, as well as sneak peak at the Competitive Carriers Association's (CCA) annual expo. We also managed to get Stephen Elop's thoughts on just exactly why the Nokia/Microsoft deal has been delayed.
Speaking Thursday at the CCA Global Expo Masayoshi Son talked about the need for teamwork between Sprint and the carrier members of the CCA in order to take a “real fight” to the AT&T and Verizon “duopoly.” And he had the GSMA Intelligence numbers to back up his doubt.
CCA Global Expo is less than a week away and CEO Steven K. Berry is seeing more wireless carriers registered for this CCA than any prior event. The show, running March 25-28 in San Antonio, will feature keynotes from FCC Wireless Bureau Chief Roger Sherman and Sprint Chairman and SoftBank CEO Masayoshi Son. Ahead of the show, Wireless Week spoke with Berry about the policy issues on members’ minds and the impact from CCA’s biggest members.
Deutsche Telekom CEO Timotheus Hoettges anticipates T-Mobile will have trouble competing with the likes of AT&T and Verizon in the FCC’s upcoming spectrum auctions. Hoettges told the Wall Street Journal that T-Mobile can’t be the “alibi” for an “oligopolistic market in the U.S.” and said that consolidation is the “best option” for getting around that.
Welcome to this week's episode of SmartWatch, brought to you by SanDisk. This week, we take a look at Softbank President and CEO Masayoshi Son’s quest for a unified Sprint and T-Mobile. We’ll also hear from BlackBerry CEO John Chen on his plans to turn around the Canadian handset maker.
Sprint CFO Joe Euteneuer said “unlimited has longevity” and pointed to offering unlimited data as a big differentiator in the market for Sprint. Euteneuer, speaking Monday at the Deutsche Bank Media, Internet & Telecom Conference, said Sprint sees a bright future for its unlimited data offering and owed much of that to the runway room gained through acquiring Clearwire.
DT CEO Timotheus Hoettges, told Bloomberg that the recovering U.S. economy is a boon for the rehabilitated Un-Carrier. He said T-Mobile will continue to build on its standalone approach and won't craft future plans on a "potential transaction."
Son said that without consolidation, it’s “literally just a dream” for Sprint to become the number one carrier in the U.S. He also criticized the large gap between the top two U.S. carriers, AT&T and Verizon, and numbers three and four, Sprint and T-Mobile, respectively. Son said those current market positions are not good for competition.
The Sprint platform added 58,000 postpaid subscribers, a relatively small number but a marked improvement over the 360,000 postpaid losses the company posted in the previous quarter. The Sprint platform also improved prepaid adds, bringing 322,000 into the fold as compared with 84,000 in the previous quarter.
Sprint Chairman Masayoshi Son and CEO Dan Hesse are having second thoughts about their company’s plans to buy T-Mobile. In the wake of the passionate, public opposition the potential merger received from regulatory officials, Sprint is heading back to the drawing board, according to the Wall Street Journal.
FCC Chairman Tom Wheeler yesterday met with SoftBank CEO Masayoshi Son and Sprint CEO Dan Hesse and said he would keep an open mind about the potential merger, according to Reuters. But in general Wheeler’s thoughts on the matter were in line with Justice Department officials who’ve already signaled doubts.
SoftBank CEO Masayoshi Son will meet Monday with FCC Chairman Tom Wheeler to discuss a possible merger of Sprint and T-Mobile. Son, who also serves as Chairman at Sprint, will reportedly push for U.S. wireless industry consolidation and argue that a combined Sprint and T-Mobile stands a better chance against Verizon and AT&T. Sprint CEO Dan Hesse is also expected to attend the meeting.
In remarks made Thursday to the New York Bar Association, Assistant Attorney General of the Justice Department's Antitrust Division, Bill Baer, said that since the blocking of the proposed merger between AT&T and T-Mobile "competition in the wireless sector has flourished and consumers have benefitted."
U.S. Justice Department officials told Sprint CEO Dan Hesse and SoftBank CEO Masayoshi Son that any potential Sprint/T-Mobile merger would be met with “skepticism.” The Wall Street Journal spoke with individuals briefed on the conversation who said the meeting reinforced Son’s seriousness in making the merger happen.
T-Mobile CEO John Legere said a merger of his company with the Softbank-held Sprint could put more pressure on what he called the "duopoly" of AT&T and Verizon. Legere told Bloomberg that T-Mobile would eventually need more spectrum and other resources to compete with larger rivals and that merging with Sprint...
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