U.S. tower companies have seen their shares generally hold firm despite concerns about carriers' network strategies as the industry moves toward 5G. But the ongoing strike by Verizon's wireline workers could create a temporary drag on network investments by the company's largest mobile network operator, according to analysts at Evercore ISI.
Rivada Networks, a startup that launched in Ireland but now operates offices in Washington, D.C. and Colorado, announced that former Sprint CFO Joseph Euteneuer will join the company as co-CEO. Rivada sells what it calls its Open Access Wireless Market that the company said allows carriers and others to buy and sell 4G network capacity in real time and in response to market demand, "which results in more efficient use of bandwidth as demand for it continues to grow 50 percent every year."
SoftBank founder Masayoshi Son credited Sprint's dramatic budget cuts as helping raise SoftBank's operating profit by 8.8 percent in its recently completed fiscal year. But doubts about the U.S. carrier's ability to weather a brutal financial storm linger.
FierceWireless has partnered with TV advertising measurement firm iSpot.tv to bring you a monthly snapshot of the wireless industry's advertising spending and digital engagement. The results below are for the top five biggest spenders among wireless industry brands in April.
The FCC and the Federal Trade Commission are joining forces to look into how carriers, phone vendors and others review and release security updates for mobile devices.
Sprint has launched a new wireline business unit to provide a set of IP-based services to global business customers, illustrating its dedication to the industry segment.
BTIG Research is the latest analyst firm to question Sprint's move to cut spending on its network. "We think Sprint's aggressive cut to capital investment and continuing lack of evidence on any activity to improve its network raise red flags about the company's strategy," BTIG analyst Walter Piecyk wrote.
It's official: Downtown Kansas City is more connected than ever after the launch of its smart city initiative on Thursday. Sprint, Cisco and Think Big Partners are partners in the effort, which eventually will include Hotspot 2.0 capabilities.
Sprint's latest small cell is actually a next-generation femtocell targeted at small and medium-sized businesses rather than the residential customers that traditionally represent the femtocell market.
Sprint's plans to conduct 5G demos with Nokia and Ericsson during the COPA America soccer tournament next month didn't come to any surprise to analysts. After all, all the other major U.S. operators are conducting 5G tests, so why wouldn't Sprint?