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.
Now that French Internet and mobile company Iliad has dropped its pursuit of T-Mobile US, it seems likely that T-Mobile will continue as an independent entity and a unit of Deutsche Telekom for the foreseeable future. Financial analysts seem to think that's great news for T-Mobile, which has had strong momentum in the market.
Verizon Wireless and T-Mobile US have been spending capital on wireless network enhancements at a fairly steady clip, while AT&T Mobility and Sprint have hit some snags in their capex spending, though the outlook for next year looks better, according to a report from financial analysts.