SoftBank Suspends Negotiations to Merge Sprint and T-Mobile

After nine months of merger talks, SoftBank has reportedly suspended its plans to combine Sprint with T-Mobile US. This marks the second time in three years that Sprint has backed out of negotiations. According to those familiar with the matter, directors of SoftBank Group Corp. (Sprint’s parent company) met in Tokyo and opted to suspend the merger plans. Insiders indicate that the news came as a surprise to T-Mobile officials. While discussions could be revisited in the future, the same insiders note that the two sides could not agree on the valuation of Sprint’s shares, and SoftBank chairman Masayoshi Son had concerns about relinquishing too much control. Continue reading SoftBank Suspends Negotiations to Merge Sprint and T-Mobile

Mobile Companies Offer TV, Video and Music to Slow Churn

AT&T and T-Mobile are luring in new subscribers and holding on to existing ones by offering popular television content, including “Game of Thrones” and “Stranger Things.” T-Mobile, which now has an exclusive deal with Netflix, is offering free access to the streaming video service for subscribers who buy its unlimited family plan. AT&T expanded its HBO promotion to a larger circle of subscribers. In April, it offered free HBO to its Unlimited Plus Choice subscribers, and now expanded that to anyone with an Unlimited Choice plan. Continue reading Mobile Companies Offer TV, Video and Music to Slow Churn

Equifax Data Breach, Discovered in July, Impacts 143 Million

Equifax reported that hackers likely gained access to the personal information of about 143 million people in the U.S., making it the second biggest data breach after last year’s two Yahoo hacks, which impacted as many as 1.5 billion customers. The Equifax hack is almost twice as large as the J.P. Morgan Chase & Co. hack three years ago. The damage the hack to Equifax will do is as of yet unknown, but it could be serious, given the immense scope of the attack and the future potential for fraud.   Continue reading Equifax Data Breach, Discovered in July, Impacts 143 Million

Andy Rubin’s Essential Raises $300M from Amazon, Tencent

Essential Products, the smartphone company founded by Andy Rubin, the creator of Google’s Android mobile software, has amassed $300 million from several investors, including China’s Tencent Holdings and Amazon’s Alexa Fund. The company, which plans to compete with Apple and Samsung in the smartphone market, also stated that Best Buy and Amazon will be its first partners for distributing the new $699 titanium-encased Essential phone. What Essential did not reveal was the date the phone will launch. Continue reading Andy Rubin’s Essential Raises $300M from Amazon, Tencent

Apple to Release Standalone, Upgraded Watch in September

Apple’s current Watch requires wireless connection to an iPhone to function, but the tech giant is on track to release a new version that connects directly to mobile networks, according to sources. This new smartwatch, at least a few of which will be released by the end of 2017, is made possible by LTE modems supplied by Intel, which has waged a persistent effort to get its technology into more Apple mobile devices. Up until now, Qualcomm has been Apple’s primary modem supplier for its mobile devices. Continue reading Apple to Release Standalone, Upgraded Watch in September

Andy Rubin’s Company Unveils New Phone, Digital Assistant

Android operating system co-creator Andy Rubin has introduced his Essential Phone that he says can be dropped onto concrete without breaking. The new smartphone, which will run on Android software, has magnetic connectors for a 360-degree camera or charger. Priced at $699 and available only in the U.S., Essential Phone will come without preinstalled apps or a need for yearly updates. Rubin also unveiled Essential Home, a voice-activated device that controls appliances. Both products are part of Rubin’s Playground Global incubator. Continue reading Andy Rubin’s Company Unveils New Phone, Digital Assistant

T-Mobile Is Biggest Spender in Government Spectrum Auction

The results of the government’s wireless airwaves auction are in, and T-Mobile ended up as the biggest spender at $8 billion, followed by Dish at $6.2 billion and Comcast at $1.7 billion. The FCC auction, which began last year, generated $19.8 billion in bids. While the companies have yet to announce their plans for the spectrum, Comcast recently indicated that it would offer cell service to its Internet subscribers. Conclusion of the auction also means that companies will be able to resume deal discussions by April 27, now that bidding collusion is no longer a concern. Continue reading T-Mobile Is Biggest Spender in Government Spectrum Auction

Samsung S8 Offers Bigger Screen and Bixby Virtual Assistant

Samsung Galaxy S8, arriving in stores April 21, sports a high-tech look, featuring a screen that goes from edge to edge, with just a hint of metal at the top and bottom. The screen measures 5.8-inches, compared to the S7’s 5.1-inch. The smartphone’s virtual assistant Bixby offers voice control, and Samsung is positioning the phone as capable of doubling as a desktop computer. That’s a lot of phone, but it’s got a price to match, at $720 at Verizon and starting at $750 for AT&T, Sprint and T-Mobile. Continue reading Samsung S8 Offers Bigger Screen and Bixby Virtual Assistant

FCC Allows LTE-U Devices to Share Airwaves Used for Wi-Fi

The Federal Communications Commission will now allow new 4G LTE wireless devices (known as LTE-U, for unlicensed) to use a portion of unlicensed 5Ghz airwaves currently used for Wi-Fi. With this decision, wireless providers can now deliver mobile broadband service, sharing the airwaves with Wi-Fi, says new FCC chair Ajit Pai, who made the ruling as a way of ending the dispute between the two industries. In the wake of this decision, Verizon Communications and T-Mobile US announced they will launch LTE-U networks and devices in the spring. Continue reading FCC Allows LTE-U Devices to Share Airwaves Used for Wi-Fi

SoftBank Reportedly Ready to Sell Sprint to Deutsche Telekom

When the U.S. spectrum auction ends in April, Japan’s SoftBank Group plans to approach Deutsche Telekom’s T-Mobile US about taking over Sprint, for a merger of the two wireless carriers. Until then, SoftBank is restricted by FCC anti-collusion rules preventing discussions between competitors. SoftBank ran into U.S. antitrust regulations two-and-a-half years ago when it was forced to stop negotiations to acquire T-Mobile for Sprint, a deal that would have put SoftBank in control with Deutsche Telekom a minority shareholder. Continue reading SoftBank Reportedly Ready to Sell Sprint to Deutsche Telekom

FCC Wireless Spectrum Auction Bidding Closes at $19.6 Billion

The FCC’s wireless spectrum auction has concluded, generating $19.6 billion in total bids, less than many analysts’ expectations but still “an amazing success,” according to former FCC chair Julius Genachowski, who said the auction will lead to additional investment and innovation. AT&T, Comcast, Dish Network, T-Mobile and Verizon were among the 62 bidders who made upfront payments last year. More than $10 billion of the money raised will go to broadcasters that opted to relinquish spectrum rights, more than $6 billion to the federal deficit, and up to $1.75 billion to broadcaster costs for changing channels. Continue reading FCC Wireless Spectrum Auction Bidding Closes at $19.6 Billion

Historic Super Bowl Marks Firsts and Generates Social Activity

This year’s Super Bowl made a major splash on a number of fronts. It marked the NFL’s first overtime game in Super Bowl history, a fifth ring for New England Patriots quarterback Tom Brady, a historic fourth quarter comeback, the first time a squadron of drones were featured during the halftime show, some impressive overall ratings, and a collection of ads that focused on social issues such as gender equality, ethnic diversity and immigration. The game delivered Fox an average viewership of 111.3 million, making it one of the top-five most-watched Super Bowls. Nielsen notes the broadcast generated a 45.3 household rating, while 70 percent of U.S. households turned in. Continue reading Historic Super Bowl Marks Firsts and Generates Social Activity

FCC TV Airwaves Auction Reaps Disappointing $18.2 Billion

The Federal Communications Commission’s auction of TV airwaves, nearing its end, has brought in about $18.2 billion in bids. That figure is far less than the last sale of government licenses, due, say analysts, to a lack of interest in low-frequency television airwaves. The spectrum auction enabled TV stations to sell their airwaves, which would be repurposed for use by the mobile industry. But potential buyers are apparently more interested in airwaves that “can carry more data over short distances.” Continue reading FCC TV Airwaves Auction Reaps Disappointing $18.2 Billion

Samsung Temporarily Halts Production of its Troubled Note 7

Samsung has reportedly stopped production of its Galaxy Note 7 as the company struggles with the smartphone’s recall and additional reports about battery problems, overheating and fires regarding replacement devices (including one incident prior to takeoff of a Southwest Airlines flight). “Samsung understands the concern our carriers and consumers must be feeling after recent reports have raised questions about our newly released replacement Note 7 devices,” the company said, noting that an investigation is underway. According to The Wall Street Journal, AT&T and T-Mobile “said that they would stop issuing new Galaxy Note 7 smartphones to replace the ones turned in by U.S. customers.” Continue reading Samsung Temporarily Halts Production of its Troubled Note 7

Comcast Plans to Launch its Own Wireless Service Next Year

Comcast CEO Brian Roberts confirmed yesterday that the company plans to launch a wireless cell service by mid-2017. Speaking at a Goldman Sachs conference, Roberts said the company would leverage its 15 million Wi-Fi hotspots and use airwaves leased from Verizon to handle much of the traffic. “Comcast has a deal with Verizon dating back to 2011 that allows the cable company to sell wireless service using the telecom carrier’s network at set terms and pricing,” explains The Wall Street Journal. Since “Comcast is essentially renting Verizon’s network,” it will not need to invest in major infrastructure. Continue reading Comcast Plans to Launch its Own Wireless Service Next Year