Ericsson said today it has renewed parts of its managed services partnership with Sprint, extending portions of a 7-year, $5 billion contract that was set to expire in September.
Ericsson's two largest shareholders are reportedly pushing to oust CEO Hans Vestberg just one day after the company posted a 26 percent year-over-year drop in net sales during the second quarter.
The tension between U.S. carriers and tower companies is "at an all-time high," according Jennifer Fritzsche of Wells Fargo Securities, as operators continue to try drive down macrocell pricing.
DALLAS-- T-Mobile executives like to say the operator's "uncarrier" strategy is aimed at easing the "pain points" consumers often suffer with their wireless service providers. Dave Mayo, the carrier's senior vice president of technology, said this morning that carriers have their own pain points when it comes to maintaining and expanding their networks-- which means the infrastructure segment may be ripe for disruption as the industry moves toward 5G.
Nokia's first-quarter earnings fell short of expectations due partly to decreased demand for its network gear, and the company said slowing sales in China will weigh down revenues during the rest of the year.
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.