América Móvil does not have any plans to acquire a U.S. carrier, the company's management said during the carrier's second quarter earnings call. The statement serves to squash speculation that América Móvil might purchase T-Mobile US with the money it expects to raise through a sale of its assets.
Apple is asking its suppliers to produce between 70 million and 80 million units of the next iPhone by Dec. 30, with 4.7-inch and 5.5-inch displays, according to the Wall Street Journal. That volume would represent the largest ever for an iPhone launch and could indicate the demand Apple is expecting for its first iPhones with displays that would match the larger ones common on other smartphone platforms.
Samsung Electronics is considering buying home automation platform SmartThings (a 2014 Fierce 15 winner) for around $200 million, according to a TechCrunch report, in what would be yet another move by Samsung to get its hooks into the Internet of Things market.
Sprint and T-Mobile US reportedly won't announce any kind of merger deal until August, but the potential combination has a major backer in billionaire hedge fund manager John Paulson.
Sprint and T-Mobile US plan to create a joint venture to bid for spectrum in next year's planned incentive auction of 600 MHz broadcast TV spectrum, according to a Bloomberg report. Meanwhile, the Wall Street Journal separately reported that the JV will seek to raise $10 billion for bidding.
Apple may be prepping a new product that uses its iBeacon location-aware technology, according to documents recently made public by the FCC.
Sprint parent SoftBank and T-Mobile US parent Deutsche Telekom have reportedly reached a "basic agreement" for Sprint to merge with T-Mobile, according to a report in the Japanese business publication Nikkei.
Sprint is testing a shared data plan in select cities, according to a CNET report. The trials could indicate that Sprint wants to follow in the footsteps of Verizon Wireless and AT&T Mobility, which have made shared plans cornerstones of their offerings.
Microsoft's Nokia unit is going to release a smartphone in its flagship Lumia line that runs Google's Android software, according to a post from noted mobile leaker @evleaks.
Verizon Wireless will bring LTE data access to its prepaid customers for the first time on July 17, according to a report from Droid Life. Verizon has up until now limited its prepaid customers to its 3G CDMA network.