American Tower Corporation posted a solid quarter, beating estimates and providing more evidence that the cell tower industry is alive and well.
All four major U.S. carriers ranked in the bottom half of a new study of "the consumer app experience" on 27 mobile networks in seven countries.
Sprint experienced "a major network outage" in the Northeast U.S. this morning, according to DSL Reports. The outage, which Sprint addressed in a series of tweets, appears to affect 3G and 4G voice and data services in markets including Maine, Massachusetts, New Jersey, New York and Pennsylvania.
U.S. carriers are increasingly turning to small cells to densify their networks, but the tower industry is in good shape in 2016 and beyond, Pacific Crest Securities wrote in a research note. And American Tower is particularly well positioned.
Sprint announced it achieved speeds of more than 300 Mbps using the new Samsung Galaxy S7, one of the first handsets on the market able to support the operator's three-channel carrier aggregation network technology.
LTE rollouts in China and India fueled a $13 billion worldwide macrocell infrastructure market in the fourth quarter of 2015, according to IHS Technology. But the LTE market has already topped out, the firm warned, and will begin to decline this year.
Sprint CFO Tarek Robbiati provided more details on the carrier's network buildout, saying the carrier simply doesn't have enough tower sites to sufficiently densify its network as it plays catch-up with rival operators and prepares for 5G.
Wells Fargo Securities analysts downgraded the entire tower sector, saying that carriers are beginning to balk at traditional network contracts in advance of the FCC's incentive auction and the development of 5G standards.
Facebook has altered an algorithm to push live video streams to the top of users' news feeds. And the move is sure to ramp up traffic on mobile networks.
Shares of wireless tower companies waivered last month following a report that Sprint planned to dramatically overhaul its network and move away from traditional macrocells in favor of smaller cells. But tower companies say they aren't seeing decreased demand for their services.