SoftBank CEO Masayoshi Son is now publicly pushing for a deal between Sprint and T-Mobile US, arguing that without consolidation no company can close the gap with Verizon Wireless and AT&T Mobility.
Sprint's subscriber numbers were bolstered by a surge in tablet activations, which Sprint CFO Joe Euteneuer attributed to a variety of factors, including Sprint's introduction of installment pricing for tablets last fall and its holiday promotions.
Sprint's wireline revenues were a bit of a mixed bag in the fourth quarter of 2013, rising to $859 million sequentially but down year-over-over year from $949 million in the same period a year ago.
Sprint added 477,000 customers in the fourth quarter, defying analysts' expectations that it would lose subscribers. However, after posting its first quarterly net profit since 2007 in the third quarter, the company swung back into the red in the fourth quarter with a loss of $1.04 billion.
Executives at Sprint and SoftBank are reconsidering their plans to attempt a merger between T-Mobile US and Sprint in the wake of significant regulatory opposition to the proposed transaction, according to a new report from the Wall Street Journal.
Verizon Wireless customers will get a $100 service credit if they activate a new smartphone with a two-year contract between now and the end of February, according to a post from the blog Android Central.
Verizon Wireless took Sprint ato task over the fact that the vast trove of 2.5 GHz spectrum Sprint acquired from Clearwire last year is not currently included in the FCC's "spectrum screen." If the spectrum were included, Verizon agues, Sprint would be counted as having more spectrum than any other carrier.
Sprint prepaid brand Boost Mobile is launching a promotion for LTE customers that cuts the price of service down to $35 per month for the first six months. The price cut and promotion are the latest example of price cutting both at the Tier 1 carriers and their prepaid brands.
Sprint is close to securing $45 billion in debt financing from a group of banks to make a bid for T-Mobile US, according to a report from Dealreporter. However, a separate report from Bloomberg painted a more conservative view of the deal and said that top Sprint executives have not yet decided if they want to pursue a bid.
Taqua today unveiled a voice over Wi-Fi (VoWiFi) virtual mobile core system that enables a handset to select between Wi-Fi and cellular, using the strongest signal for voice calls as well as messaging.