T-Mobile US agreed to pay at least $90 million to resolve an FCC investigation into allegations that the company billed customers for millions of dollars' worth of unauthorized third-party subscriptions and premium text messaging services.
Sprint is facing a lawsuit by the Consumer Financial Protection Bureau that alleges the carrier illegally billed wireless consumers for tens of millions of dollars in unauthorized third-party charges.
Sprint will not renew its sponsorship of Nascar when its current contract with the auto-racing series ends in 2016, the carrier said. "As we look to the future, Sprint is focused on investing in maintaining a competitive edge and providing consumers with the best value in wireless," Steve Gaffney, Sprint's VP of marketing, told USA Today.
Ting, a Sprint mobile virtual network operator (MVNO) partner, is building its own 1 Gbps fiber-to-the-premises (FTTP) by purchasing Charlottesville, Va.-based Blue Ridge InternetWorks (BRI).
Ting, which currently operates as a mobile virtual network operator of Sprint, said it purchased a majority stake in a small, independent Internet service provider (ISP) in Charlottesville, Va., called Blue Ridge InternetWorks (BRI). "Just like that, we're starting our new mission to bring the things that people love about Ting for mobile to the world of fixed access," the company said.
Sprint reached its Spark buildout target of covering 100 million POPs with its tri-mode Spark LTE service this year, the company announced today. And, according to Wells Fargo analyst Jennifer Fritzsche, Sprint plans to rely heavily on small cells to densify its Spark service next year.
T-Mobile US' latest "uncarrier" move, to offer new and existing customers rollover data, could improve its business on the margins and boost its brand image, but it is unlikely to have a major impact or provoke a reaction from competitors, according to financial and industry analysts.
Sprint could be faced with a whopping $105 million fine from the FCC for knowingly overcharging its customers for third-party services, according to a National Journal report.
Sprint is making good on its promise to support Microsoft's Windows Phone platform, and today announced it will sell the mid-range Lumia 635.
Investors last week dumped the stocks of Verizon Communications, AT&T, Sprint and T-Mobile US in a hurry amid growing concerns that the carriers' wireless pricing battles are unsustainable long term and that rising costs of spectrum will combine with the price war to drive down carriers' profitability.