Nokia reported growing sales in the third quarter, thanks in part to booming business in its Network unit, which was driven by a strong performance in North America. The company reported its first year-over-year growth in quarterly revenue since the first quarter of 2011.
Trumpeting its new offering as providing a significant value over rivals Verizon Wireless and AT&T Mobility, Sprint announced it will offer 1 GB of shared data for $20. The carrier previously offered 600 MB of shared data at that price.
T-Mobile US is looking to settle a lawsuit filed against it by the Federal Trade Commission that alleges the carrier netted hundreds of millions of dollars by knowingly charging customers for purported "premium" SMS subscriptions that, in many cases, were "bogus charges" subscribers never authorized.
Wireless carriers have always battled with each other to encourage customers to switch to a new carrier. But that fight is now starting to heat up in select markets across the country because of a confluence of network shutdowns, technology transitions and smaller carriers exiting the business. Although these market-by-market battles don't get much national attention, they're still worth watching--after all, millions of subscribers scattered across dozens of markets are up for grabs.
As part of its ongoing cost-cutting efforts, Sprint announced it has eliminated 452 jobs from its Overland Park, Kan., headquarters. This comes on top of approximately 5,000 jobs the company slashed between Jan. 1 to Sept. 30 of this year. And according to a report from the Kansas City Star, more job cuts are anticipated as part of the company's restructuring efforts.
AT&T Mobility, Sprint, T-Mobile US and UK operator EE support a new SIM card for Apple's iPad Air 2 and iPad mini 3 that lets customers switch between carriers. Although Verizon Wireless will provide wireless service for Apple's new tablets, it is not listed as a supporter of the new Apple SIM card.
Comcast won a $7.5 million award against Sprintafter a jury agreed that the wireless company violated Comcast's patents for VoIP and other telecommunications technologies. FierceWireless has the complete story here.
Comcast won a $7.5 million award against Sprint after a jury agreed that Sprint violated Comcast's patents for VoIP and other telecommunications technologies. The trial and the ruling is likely going to be just one of many in a long, drawn-out legal battle between the one-time partners.
Sprint's "iPhone for Life" leasing program for new iPhones should boost the carrier's EBITDA and is actually more financially beneficial to the company in some respects than more conventional equipment installment programs, according to financial analysts. Meanwhile, Verizon Wireless' recently confirmed changes to its own Edge handset upgrade program should help it close the gap financially and competitively with AT&T Mobility, according to analysts from Jefferies.
Looking to goose its sales of Apple's latest iPhones even more, Sprint is offering a $15 monthly service credit that drops the cost of leasing an iPhone 6 down to $5 per month and an iPhone 6 Plus down to $10 per month.