T-Mobile US CEO John Legere pushed back against media interpretations of recent comments made by Timotheus Hoettges, CEO of T-Mobile parent Deutsche Telekom, which many outlets interpreted as Hoettges saying T-Mobile's torrid growth trajectory is unsustainable long term from a financial perspective.
T-Mobile US was thwarted in its efforts to merge last year with Sprint, but the carrier still needs greater scale in the long term despite all of its recent growth, according to Timotheus Hoettges, CEO of T-Mobile parent Deutsche Telekom. Hoettges also said in the long term T-Mobile's blistering growth is unsustainable from a financial perspective.
In explaining its position on the FCC's forthcoming net neutrality rules, Sprint argues that it does not matter whether the commission reclassifies broadband as a telecommunications service under Title II of the Telecommunications Act, as long as mobile broadband is given a great deal of flexibility. That is a split with CTIA and much of the telecommunications industry, which has fiercely opposed a Title II reclassification, arguing it will harm investment.
Struggling mobile and electronics retailer RadioShack is negotiating a deal to sell to Sprint the leases to some of its stores. RadioShack is reportedly on the verge of filing for bankruptcy protection.
Sprint is abandoning its Virgin Mobile Custom prepaid brand but is sticking with the ItsOn cloud technology behind that brand and its retail partnership with Walmart. Sprint launched Virgin Mobile Custom in August exclusively through Walmart but found that consumers were confused about their rate plans.
How did the wireless industry perform in the fourth quarter of 2014? Check here throughout the fourth-quarter earnings report season for full earnings reports from the wireless industry's carriers, handset makers, equipment suppliers and others.
With the help of Mobile Beacon, libraries in the five boroughs of New York City will be lending out 10,000 high-speed hotspots to low-income residents who qualify. The Johnston, R.I.-based nonprofit is partnering with Sprint to distribute the hotspots.
Sprint is preparing to add small cells to its network to expand the reach of its LTE service, and that effort will most likely cost the carrier around $500 million per year in labor and hardware costs, according to estimates from one Wall Street analyst firm.
With a somewhat bumpy fourth-quarter reporting season expected for the Tier 1 wireless carriers, analysts at Jefferies are hoping for more "rational" pricing behavior from the large operators in 2015.
The continued subscriber momentum at T-Mobile, coupled with solid expected results from Verizon Wireless AT&T Mobility could mean that Sprint struggled in the fourth-quarter to win many net postpaid subscribers, according to financial analysts.