Shares of America Movíl plunged nearly 12 percent last week after the carrier posted a disappointing quarter including a 17 percent year-over-year decline in EBITDA. The company lost 458,000 U.S. customers during the quarter, primarily under its TracFone and SafeLink brands, and its U.S. revenue of $1.8 billion was down 3.3 percent from the prior year.
While Verizon boasts how it has deployed LTE Broadcast (LTE-B) technology throughout its LTE footprint, its biggest rival, AT&T, isn't so gung-ho about it.
The incentive auction of prized 600 MHz spectrum still faces some major challenges, but the FCC is clearly off to a good start.
A divided FCC voted to move forward with reforms of so-called "special access" lines, marking a big win for T-Mobile and Sprint and perhaps forestalling price hikes as 5G networks eventually come online.
The first quarter of 2016 was the worst quarter for tablets since 2012, according to fresh data from Strategy Analytics. Nonetheless, U.S. mobile operators are effectively leveraging tablets to compete in a market where smartphone growth has nearly stalled.
DirecTV will be the recipient of both cheers and jeers as the early mover for live, linear 4K broadcasts in the U.S. At the moment, it's seeing the downside, as the first two of its planned 25 MLB games broadcast in 4K had to be scrubbed due to technical issues.
The market of subscription video-on-demand services grew even more crowded in the first quarter with three significant product launches. NBCUniversal introduced its $4-a-month Seeso, Sony expanded its PlayStation Vue offering, and Starz trotted out a standalone OTT service a few weeks ago. Even more new offerings are expected to come to market in the second and third quarters.
Some analysts have speculated over the last year that U.S. carriers would cut capex in early 2016 in advance of the upcoming incentive auction of prized 600 MHz spectrum. But first-quarter earnings reports from Verizon, AT&T and T-Mobile indicate that may not be the case.
AT&T is making steady progress in rolling out its GigaPower FTTH service to more customers with its wireline region as it looks to stave off competition from cable operators like Comcast and upstart provider Google Fiber.
AT&T's strategy to target high-end customers was underscored Tuesday when the company posted a net loss of 215,000 branded postpaid phone subscribers in the first quarter but a notable increase in margins in consumer wireless services.