As was reported earlier this month when Claure's appointment was announced, Sprint is backing off a proposed acquistion of T-Mobile. In the memo, Claure said that consolidation makes sense in the long-term but noted that Sprint will have to focus on growing and repositioning Sprint.
Alcatel-Lucent is to deploy a complete 4G LTE overlay network in the Midwestern U.S. states of Oklahoma and Kansas to enable Pioneer Cellular, an affiliate of Pioneer Telephone Cooperative, to offer ultra-broadband mobile access to its customers.
T-Mobile is acquiring 700 MHz licenses from Actel, a subsidiary of CenturyLink. The 12 MHz licenses (698-704 MHz and 728-734 MHz) cover markets in Alabama, Arkansas, Colorado, Florida, Georgia, Louisiana, Michigan, Missouri, Montana and New Mexico. As TmoNews points out, the licenses cover about 6.1 million POPs.
In a press release touting his company’s new dominance in the prepaid space, T-Mobile CEO John Legere voiced the fairly safe assumption that T-Mobile would surpass Sprint in total customers by the end of 2014. “As a matter of fact, I’m going on record—I predict we’ll overtake Sprint in total customers by the end of this year. Not someday. Not next year. This year,” Legere said in a statement.
Lower cellphone bills seem like a good thing for consumers. But T-Mobile and Sprint are already losing money and AT&T's profits are down. (Verizon, as the market leader, is doing fine.) This matters because U.S. wireless carriers invest more in their networks than European companies, and higher profits in the U.S. are a big part of the reason.
Incoming CEO Marcelo Claure will still have his hands full as he looks to reassure investors that Sprint has a plan beyond buying T-Mobile. Already shares of Sprint were down 15 percent Wednesday morning on reports that SoftBank was killing the deal for T-Mobile.
Sprint this morning confirmed reports that CEO Dan Hesse is leaving the company. Brightstar CEO Marcelo Claure will take over as President and CEO at Sprint, effective Aug. 11. “In the short-term, we will focus on becoming extremely cost efficient and competing aggressively in the marketplace. While consolidating makes sense in the long-term, for now, we will focus on growing and repositioning Sprint,” Claure said in a statement.
T-Mobile is rejecting Iliad’s surprise bid to buy out the carrier, according to the Wall Street Journal. But Reuters is reporting that Iliad is already reaching out to other investors in an attempt to sweeten the deal. The carrier has reportedly talked with Dish Network, Cox Communications and Charter Communications.
“We must make sure that the biggest providers are not able to limit broad participation in the spectrum auction,” FCC Wireless Telecommunications Bureau Chief Roger C. Sherman wrote in a blog post. “Therefore, the item tentatively concludes that joint bidding arrangements between nationwide providers should not be allowed.”
According new research from Strategy Analytics, Iliad's "Free" has had a dramatic impact on the French market, driving a 29 percent decline in service revenue and 19 percent decline in EBITDA since its launch. Strategy Analytics also notes that Iliad’s founder, Xavier Niel, is also an investor in Israel’s Golan Telecom...
Carrier aggregation is only one component of the emerging LTE-Advanced feature set but it’s received the most attention so far. Maybe that’s because it’s more fun to say than Relay Nodes but more likely it’s because of the phone-melting downlink speeds it’s capable of producing. South Korea’s SK Telecom earlier this year successfully stitched together three LTE bands (one 20 MHz and two 10 MHz) and was able to support speeds up to 300 Mbps.
In this episode of SmartWatch, we take a look at the rise and possible fall of the tablet. As net phone additions lagged in the second quarter, the major carriers leaned on tablet additions to prop up their numbers. Big Red added 1.4 million postpaid subscribers, reporting that it had added 304,000 postpaid phone net additions and whopping 1.15 million postpaid tablets.
Sprint’s stock has fallen nearly six percent as of 11:15 a.m. CT upon news of the offer. The U.S.’s third largest carrier, owned by Japanese carrier SoftBank, is widely speculated to be putting together a merger bid for T-Mobile that values the carrier at around $32 billion.
T-Mobile took a moment out of its quarterly earnings day to proclaim nationwide coverage for its freshly launched VoLTE service. The carrier 2.8 million VoLTE-capable devices are currently running on its network and that more than 52 million VoLTE calls to date have been placed. The jump to nationwide coverage comes just two months after T-Mobile initially launched VoLTE in Seattle.
Though the net 220,000 subscriber losses Sprint posted represents an improvement for the carrier, it’s still significant. If both Sprint and T-Mobile maintain their current rates of subscriber growth/loss, it’s fair to imagine that T-Mobile will become the third largest carrier, in terms of customers, by the end of 2014.
Qualcomm Incorporated today announced that its subsidiary, Qualcomm Technologies has completed its acquisition of EmpoweredU, developer of a mobile-centric cloud-based learning environment that is both device and operating system agnostic.
Sprint opened its new fiscal year with a rare quarterly profit. The carrier called a $23 million net income and $519 million operating income the highest in seven years. The black numbers came on fiscal first-quarter earnings per share of $0.01 and revenue of $8.78 billion, both of which exceeded analyst estimates.
T-Mobile is launching a limited-time offer of $100 per month for unlimited talk and text plus 10GB of LTE for four lines. In a blog post, T-Mobile CEO John Legere gets in his customary shots at AT&T, calling the carrier’s similar plan for $160 a “joke.”
AT&T announces Alcatel-Lucent S.A. and Fujitsu Network Communications Inc. as the newest vendors to join its User-Defined Network Cloud program. These two suppliers, and the previously announced Juniper Networks, will work with AT&T to build the User-Defined Network Cloud.
We’re back for the official start of SmartWatch: Season Two and we cannot stop talking about the possibility of a Sprint-T-Mobile merger. The latest reports have the U.S.’s third and fourth largest carriers raising $10 billion for a joint venture to bid in the FCC’s upcoming 600 MHz incentive auctions. That's more than AT&T has set aside for the auctions.
Now through August 12th, customers can get $100 off when you buy an iPhone and iPad together at T-Mobile. Beginning July 20th, T-Mobile customers can take advantage of its EIP extended payment option on all accessories priced from $69-$250.
Sprint and T-Mobile are raising $10 billion to jointly bid in the upcoming 600 MHz incentive auctions, according to the Wall Street Journal. This follows an earlier Bloomberg report saying Sprint and T-Mobile are planning a joint venture, to be run by T-Mobile, for bidding in the auction. The $10 billion for spectrum is reportedly part of the $45 billion SoftBank is rounding up from lenders.
Lenders are demanding higher fees for financing the deal to offset the review process that could last at least a year, according to Bloomberg. Part of the money Sprint and SoftBank are requesting from lenders is being earmarked for spectrum. The report said Sprint and T-Mobile will enter into a separate joint venture and bid on spectrum available in upcoming FCC auctions.
Both Sprint and T-Mobile are surging in the markets after Nikkei reported SoftBank has reached an agreement to buy a controlling T-Mobile stake from Deutsche Telekom (DT). Sprint was up nearly four percent and T-Mobile was up 1.5 percent as of 1:15 p.m. CT.
In a blog post today, AT&T Vice President of Regulatory Joan Marsh said T-Mobile’s revised roaming agreement rules proposal would violate the Telecommunications Act and “push the Commission’s regime over the line into impermissible common carrier regulation.”