Sprint's latest quarterly earnings impressed investors, but some analysts remain skeptical of the company's prospects.
Republic Wireless added nine Android handsets to its portfolio, making good on a vow it made in May to expand its lineup. But the MVNO also raised the price of its cheapest monthly plan.
SoftBank posted a $2.4 billion profit in its fiscal first quarter, up 19 percent over the same period a yaer ago. Telecom revenues boosted quarterly sales to $20.3 billion, helping to offset losses from Sprint.
When it comes to Facebook's Telecom Infra Project (TIP) that the social networking giant launched at Mobile World Congress in Barcelona this year, it appears that the biggest U.S. wireless carriers are just not that into it.
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.
Customer loyalty plans are common in the United States, especially in mature, but competitive markets. A large number of different kinds of companies – from retailers to airlines to restaurants – have customer loyalty programs to reduce the likelihood of customers switching to a competitor. When companies introduce loyalty plans, timing is everything.
Sprint is on track to begin deploying three-channel carrier aggregation in the next few months, executives said, and it is already seeding the market with five supporting handsets.
Sprint's aggressive promotions continued to pay dividends in the latest quarter as the carrier reported 173,000 postpaid phone net additions, beating analysts' estimates. But once again, those customer gains came at a cost.
Sprint is quietly testing new unlimited data plans in a handful of markets across the U.S. And it appears to have taken a page from T-Mobile's playbook to do it.
SoftBank President and CEO Masayoshi Son moved quickly to push his company's $32.1 billion deal to acquire ARM on Monday, urging analysts and investors at a London conference to "listen to the force." Noting that he is the company's largest shareholder, Son plugged the emergence of the IoT, saying investors should capitalize on a "paradigm shift" in technology as connectivity becomes ubiquitous.