T-Mobile & Sprint Complete Merger, John Legere Steps Down

T-Mobile has completed its $30 billion merger with Sprint, creating what the company dubs the New T-Mobile (the formal name will remain T-Mobile). Chief executive John Legere stepped down before the April 30 date in the contract, and his successor, former chief operating officer Mike Sievert, has taken his place. The new business, now with about 100 million customers, plans to use the combined infrastructure to ramp up the transition to 5G, with the capacity to offer speeds up to 15 times faster in the next six years and 14 times the capacity, reaching 99 percent of the U.S. with 5G coverage.  Continue reading T-Mobile & Sprint Complete Merger, John Legere Steps Down

FCC Grants T-Mobile, Verizon Extra Spectrum During Pandemic

As data usage soars during the coronavirus pandemic, the big carriers are seeing their 4G LTE networks stressed to the max. On Sunday, the Federal Communications Commission gave permission to T-Mobile to use 600MHz spectrum on loan from Dish, Comcast, NewLevel and other companies for 60 days. In fact, Dish is allowing AT&T, T-Mobile and Verizon to utilize some of its unused spectrum to enhance and speed up their 4G LTE networks. AT&T customers, for example, could see an “up to 20Mbps uptick in data performance.” Continue reading FCC Grants T-Mobile, Verizon Extra Spectrum During Pandemic

T-Mobile and Sprint Clear Another Hurdle to Finalizing Merger

The merger of T-Mobile and Sprint, the nation’s third and fourth largest wireless carriers, is nearly approved after a drawn-out battle. The Federal Communications Commission and Justice Department cleared the merger in June, but the process ground to a halt when attorneys general from 13 states and the District of Columbia sued. This week in Manhattan, U.S. District Court judge Victor Marrero rejected the suit, leaving one last step to navigate. The new company will be called T-Mobile and have about 100 million customers. Continue reading T-Mobile and Sprint Clear Another Hurdle to Finalizing Merger

T-Mobile, Sprint Defend Proposed Merger in Federal Court

The Democratic attorneys general of 13 states and the District of Columbia are suing to block the merger of T-Mobile and Sprint. According to legal experts, a suit in which so many states reject of the federal government’s settlement — and move to block it, without any federal support — is unprecedented. Merged, T-Mobile and Sprint, the third and fourth largest telecom carriers, would rival AT&T and Verizon Communications. The federal government approved the deal earlier this year, after demanding some concessions. Continue reading T-Mobile, Sprint Defend Proposed Merger in Federal Court

Qualcomm Offers Roadmap of Global 5G Networks Rollout

At Qualcomm’s Analyst Day in New York City, Qualcomm president Cristiano Amon presented a visual roadmap projecting the global rollout of 5G networks in 2020, stating that mid-band (sub-6GHz) 5G will spread broadly, first in major cities and then, in 2021, in developing countries. The deployment of 5G is important for Qualcomm, which is expected to be a major provider of 5G chips and IP to global carriers and OEMs. The deployment projected by Amon is subject to change based on potential regulatory changes. Continue reading Qualcomm Offers Roadmap of Global 5G Networks Rollout

T-Mobile Will Launch its 5G Networks in the U.S. This Year

T-Mobile plans to debut its U.S. 5G service on December 6, with a low-frequency 600MHz radio signal and 5G-capable devices to provide high-speed service to 200 million customers. The carrier has been building out its 5G capabilities for over a year and expects to be able to cover 5,000 cities and towns by the end of 2019. Samsung Galaxy Note10+ 5G and OnePlus 7T Pro McLaren are the two devices customized for T-Mobile’s 5G network. China, meanwhile, rolled out the world’s largest 5G network, via three state-owned carriers. Continue reading T-Mobile Will Launch its 5G Networks in the U.S. This Year

FCC Approves T-Mobile and Sprint Merger, States File Suit

The Federal Communications Commission approved T-Mobile’s acquisition of Sprint, a $26 billion merger that has been opposed by numerous state attorneys general and consumer advocacy groups. T-Mobile and Sprint, respectively the nation’s third and fourth-largest wireless carriers, pioneered the end of early termination fees and reintroduction of unlimited data plans. The FCC, which is dominated by Republicans, lauded the deal as likely to speed up the adoption of 5G networks across the U.S. Meanwhile, a group of state attorneys general are continuing with a lawsuit that intends to fight the merger. Continue reading FCC Approves T-Mobile and Sprint Merger, States File Suit

FCC Proposals Will Ban Carriers’ Use of Huawei, ZTE Gear

The FCC introduced two measures that would prevent U.S. carriers from using technology from Chinese companies Huawei and ZTE. Both measures impact the Universal Service Fund, managed by the FCC, that provides subsidies to low-income households. The first would prohibit carriers from using money from the Fund to buy ZTE or Huawei equipment. The second, under-development measure would require carriers receiving money from the Fund to remove existing Huawei and ZTE gear, possibly in exchange for replacements. Continue reading FCC Proposals Will Ban Carriers’ Use of Huawei, ZTE Gear

Verizon Offers Free Disney+ for Unlimited Data Customers

Verizon Communications, the largest U.S. wireless provider, will provide a year of free access to Disney+ for its customers who have unlimited data plans. About half of Verizon’s 100+ million customers currently pay for an unlimited data plan. Disney’s new film and television streaming service will debut November 12 and cost $6.99 per month. Verizon will also offer a year of free Disney+ to its FiOS Internet and 5G home broadband subscribers. Disney+ is one of several new streaming services targeting Netflix’s dominance. Continue reading Verizon Offers Free Disney+ for Unlimited Data Customers

FCC Formally Approves the Merger of T-Mobile and Sprint

The Federal Communications Commission approved the merger between T-Mobile and Sprint yesterday, months after the Justice Department gave its approval. FCC chair Ajit Pai and Republican commissioners Brendan Carr and Michael O’Rielly indicated their support of the deal in May, believing that it would lead to a faster deployment of 5G. Democrats voted against the merger, and commissioner Jessica Rosenworcel argued that it would lead to higher prices and less innovation, ultimately impacting consumers. A coalition of state attorneys general are still attempting to prevent the merger with a multistate lawsuit. Continue reading FCC Formally Approves the Merger of T-Mobile and Sprint

Phone Companies Adopt New Plan to Combat Robocallers

A dozen major phone companies — including mobile and broadband service providers such as AT&T, Comcast, Sprint, T-Mobile and Verizon — are teaming with 51 attorneys general from across the U.S. to introduce call-blocking tech and additional measures designed to help regulators take on scammers by preventing robocalls. According to Irvine, CA-based call-blocking service YouMail, robocalls reached 4.7 billion consumers in July alone. “Robocalls are a scourge — at best, annoying, at worst, scamming people out of their hard-earned money,” said North Carolina attorney general Josh Stein. Continue reading Phone Companies Adopt New Plan to Combat Robocallers

SoftBank to Lend Employees $20B to Invest in Vision Fund

SoftBank Group plans to lend up to $20 billion to its 400 employees to buy stakes in its second Vision Fund, following the first fund launched in 2017. That first $100 billion fund, which debuted in 2017, made big investments in Uber Technologies, WeWork, and Chinese ride-hailing company Didi Chuxing Technology, driving up their valuations. For the second Vision Fund, SoftBank chief executive Masayoshi Son may invest as much as $15 billion, and SoftBank could put in $38 billion, more than is typical for a fund sponsor. Continue reading SoftBank to Lend Employees $20B to Invest in Vision Fund

DOJ Okays T-Mobile/Sprint Merger, State AGs Sue to Block

The Justice Department approved the merger of T-Mobile and Sprint, respectively the U.S.’s third and fourth largest wireless networks. Critics of the merger, who include several state attorneys general and Democratic presidential candidates, reiterated that the deal would not benefit consumers, a point of view shared, until recently, by DOJ’s antitrust chief Makan Delrahim. He considered the ramifications but changed his mind when both companies agreed to sell portions of their businesses to Dish Network. Continue reading DOJ Okays T-Mobile/Sprint Merger, State AGs Sue to Block

SoftBank Debuts Vision Fund 2, Focused on AI Investment

SoftBank Group changed technology venture capital when it launched the Vision Fund in May 2017, by setting $100 million as the minimum investment. Since then, the Vision Fund, which raised almost $100 billion, has invested in Uber Technologies, Didi Chuxing Technology and other startups. Now, the Japanese company is debuting Vision Fund 2 and jumpstarting it with its own $38 billion investment. The fund, which will focus on artificial intelligence, has already drawn investment commitments from Apple and Microsoft. Continue reading SoftBank Debuts Vision Fund 2, Focused on AI Investment

Dish Purchase Opens Door to Merger of T-Mobile and Sprint

Following weeks of negotiation, Dish Network has agreed to pay about $1.5 billion for T-Mobile and Sprint’s prepaid mobile businesses and about $3.5 billion for their spectrum. The deal’s terms prevent Dish from selling the assets or transferring control of them to a third party for a period of three years. The Justice Department is set now to approve the $26.5 billion merger of the two mobile phone carriers, said sources, which would position Dish to become the No. 4 wireless carrier in the U.S., replacing Sprint. Continue reading Dish Purchase Opens Door to Merger of T-Mobile and Sprint

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