Sprint CFO Tarek Robbiati said the carrier plans to cut about 10 percent of operating costs to save $2 billion and thinks the company can slash another $500 million in costs related to equipment spending. "Our cost structure is bloated," Robbiati told Bloomberg by phone from Tokyo, where he was meeting with executives from Sprint parent SoftBank.
Just days after receiving what it said was a crucial FCC waiver, AT&T launched Wi-Fi calling on Apple's iPhones. The service works on the iPhone 6, 6 Plus, 6s and 6s Plus, as long as iOS 9 is installed, though it's unclear when AT&T will expand Wi-Fi calling to more devices.
AT&T Mobility CEO Glenn Lurie said he does not think that next year's incentive auction of 600 MHz broadcast TV spectrum can possibly raise $60 billion, as some analysts have speculated it might.
FORT LAUDERDALE, FLA.-- A Dish Network executive said the satellite firm may participate in the FCC's upcoming 600 MHz spectrum auction but is still evaluating the opportunity. She also said that FCC's recent decision to deny $3.33 billion in discounts to two Dish affiliates that won spectrum in the AWS-3 auction will not impact Dish's eligibility to participate in the upcoming incentive auction.
AT&T received a waiver from the FCC on its rules for the hearing impaired that it said were prohibiting it from offering Wi-Fi calling services. However, it's unclear how soon AT&T will enable Wi-Fi calling on the iPhone and other devices.
According to a new report, AT&T Mobility and T-Mobile US are positioned for strong ARPU gains going forward, according to analysts at Jefferies.
Sprint is embarking on a new cost-cutting effort geared toward reducing expenses by as much as $2.5 billion during the next six months. The cuts "inevitably will result in job reductions," Tarek Robbiati, Sprint's new CFO, said in a memo obtained by the Wall Street Journal. Robbiati also noted that Sprint is instituting an external hiring freeze.
AT&T said that it wants to offer Wi-Fi calling services on the iPhone via Apple's new iOS 9 software, but that it is still waiting for an FCC waiver on rules that require calling services to also offer options for deaf and hard-of-hearing users. In a new filing today with the FCC, the carrier reiterated its request for a waiver and blasted Sprint and T-Mobile US for offering Wi-Fi calling services without requesting waivers from the FCC's rules.
Sprint's Boost Mobile is taking aim at overdue customers with a new promotion that rewards on-time payments with more data. Under Sprint's new promotion for its Boost prepaid brand, customers can obtain 3 GB of extra data per month after 18 on-time payments.
Sprint said it plans to increase the cost of its unlimited plan-- which offers unlimited calling, texting and data-- by $10 per month starting Oct. 16. The carrier currently charges $60 per month for unlimited service, and that price will increase to $70 per month in roughly two weeks. Importantly, the carrier pointed out that price is still cheaper than what T-Mobile US charges for unlimited service ($80 per month). AT&T and Verizon Wireless don't offer unlimited data options.