SoftBank and Deutsche Telekom (DT) have moved to direct talks on a deal for the German carrier’s 67-percent stake in T-Mobile. Bloomberg cited people familiar with the matter as saying the two companies are ironing out obstacles to the deal and said the process could take months. At issue is how much SoftBank will pay for DT’s share and how SoftBank-owned Sprint and T-Mobile would be integrated.
T-Mobile sees the FCC hitting its funding goal for FirstNet before the big 600 MHz Broadcast Incentive auctions even take place. Adding up estimated proceeds from the FCC’s upcoming H Block, AWS-3 and 1695 Band auctions, T-Mobile predicts the Commission will see proceeds of $8.9 to $16.4 billion.
Rumors surrounding a possible Sprint bid for T-Mobile are ramping up again. But a recent blow to net neutrality might end up giving regulators another reason to say no to the potential merger. “If [the FCC] can't regulate an open Internet, then the more significantly-sized operators they can keep in existence the better to ensure that competitive pressure will keep large operators from abusing their power,” analyst Rich Karpinski said.
With shares of T-Mobile having risen over 25 percent in a little over a month, the fourth largest carrier is becoming less of bargain lately. That said, Sprint has apparently received proposals from multiple banks willing to finance a bid for T-Mobile, according to a report from the Wall Street Journal.
T-Mobile appears to be succeeding at holding onto its postpaid subscribers. Just 15.4 percent of T-Mobile postpaid respondents surveyed in a recent Cowen and Company report said they were looking to switch carriers. That's a huge drop from the 42.9 percent T-Mobile respondents who said they were looking to switch in the third quarter.
A new report from Juniper Research estimates operator revenues generated from mobile data roaming at $42 billion by 2018. Accorinding to the report, that represents 47 percent of the global mobile roaming revenue, which includes voice roaming, compared to an estimated 36 percent in 2013.
Say what you will about T-Mobile’s recent moves, the company has managed to rattle a cage or two lately. While there’s undoubtedly a certain amount of smoke and mirrors involved, the 4.4 million net customer additions the carrier reported for 2013 can’t be denied.
So you've made the decision to follow John Legere on his crusade against AT&T and business as usual. He's promised you the world - the fastest wireless network on the planet; free international roaming; no contracts; upgrade your device when you want; and he'll give you $650 per line to get out of your contract and onto a new device.
John Legere Wedesday called family plans one of the “biggest evils” in the industry. With T-Mobile’s latest “Un-Carrier” move, the CEO aims to give families and individuals a way out of their contracts. T-Mobile will begin paying off the early termination fees—up to $350 per line—for individuals willing to switch over and trade in their device.
While Sprint, which has committed to a TDD LTE rollout, prefaced its remarks by saying it still believes a TDD band plan would result in the most bi-directional spectrum available for auction, the company said it recognizes it won't be the only one bidding on the airwaves.
T-Mobile CEO John Legere has been party crashing this week at CES. Now his company looks ready to crash early termination fees with its “Uncarrier 4.0” announcement. A leaked T-Mobile ad has surfaced, all but confirming the carrier’s plans to pay off ETFs for families that switch to T-Mobile and trade in their devices.
AT&T Tuesday announced that it has agreed to purchase 49 AWS licenses from Aloha Partners. According to a press release, the licenses cover nearly 50 million people in 14 states, including California, Colorado, Connecticut, Idaho, Illinois, Indiana, Kentucky, Maine, Massachusetts, New Hampshire, New Jersey, Ohio, Pennsylvania and Texas.
T-Mobile today announced that it has reached a deal to acquire $2.4 billion worth of 700 MHz A-Block licenses. The proposed transaction also includes the transfer of certain T-Mobile AWS and PCS licenses to Verizon, which according to a press release have an aggregate value of approximately $950 million.
AT&T has a plan to eat T-Mobile’s lunch and it comes just as the un-carrier was getting ready to make a big splash next week at CES. AT&T has announced a limited time offer of up to $450 in credits for T-Mobile customers who switch over to AT&T. With rumors of T-Mobile next week launching a similar incentive program...
AT&T today announced a new program that aims to snag customers from T-Mobile's clutches. Starting today, AT&T is offering T-Mobile customers incentives valued at up to $450 per line when they switch to AT&T and trade in an eligible smartphone.
T-Mobile’s prepaid brand GoSmart Mobile Monday announced that it will offer customers free access to Facebook. The announcement makes GoSmart the first wireless provider in the United States to offer free access to Facebook and Facebook Messenger...
T-Mobile on Friday sent invites for a special press event at the upcoming Consumer Electronics Show (CES) where the company will unveil its fourth Uncarrier initiative, dubbed Uncarrier 4.0. The event will take place on Wednesday, Jan. 8. The invite features the tagline: “This one you aren’t going to believe.”
Sprint appears to be moving ahead with a possible offer to buy T-Mobile USA from German operator Deutsche Telekom. According to a report in the Wall Street Journal, Sprint and 80-percent stakeholder Softbank have lined up at least a half dozen banks to provide financing for what could be a $20 billion deal.
Welcome to the final segment in Wireless Week's Top 25 Headlines of 2013. Today's the big reveal of our top 5 headlines of 2013, which includes major news from companies like Vodafone, Verizon, T-Mobile, Sprint, Clearwire. Thanks to everyone who has tuned in over the past few weeks. It's been a great year and we look forward to following all the headlines we're sure will be made in 2014.
Verizon Wireless and T-Mobile are looking to trade some AWS and PCS spectrum licenses with each other. No financial details are mentioned in the filing and the swap is only for spectrum and doesn’t entail exchanges of customers or network operations. Both Verizon and T-Mobile insist that the spectrum swap will allow both to operate more efficiently by providing each with bigger blocks of contiguous or adjacent spectrum.
MVNO Red Pocket today announced an expansion to its service with an unlimited data-only offering running on T-Mobile’s 4G network. Red Pocket has been around since 2006 and has already offered data on AT&T’s 4G network previously with its talk and text plans.
With Sprint reportedly working on a bid to buy T-Mobile, a widely speculated possibility could be moving closer to fruition. The Wall Street Journal cited sources who revealed Sprint is studying up on the regulatory hurdles such a deal would have to clear and possibly planning on announcing the bid—reportedly higher than $20 billion—in the first half of 2014.
Bloomberg is reporting that an announcement of the deal could come as early as next week. The report doesn’t mention how much money T-Mobile might spend for the airwaves but does say the carrier will likely give Verizon some of its AWS holdings as part of the deal.
AT&T, Sprint, T-Mobile, U.S. Cellular and Verizon Wireless have all committed to a new set of voluntary rules regarding customer device unlocking. As CTIA spelled out yesterday in a letter to the FCC, the five biggest U.S. operators will push for the principles to be adopted into the CTIA Consumer Code for Wireless Service.
Reuters reports that the deal would ensure carriers notify their customers—via text, email—when devices are able to be unlocked following contract periods. The new policies may cover prepaid devices as well. In addition, carriers would be expected to confirm or deny unlocking requests within two days.