Apple's 5c went on sale for pre-order this morning. The iPhone 5s will be available starting Sept. 20. The iPhone launch marks the first time that all four Tier 1 U.S. carriers will launch new iPhone models at the same time. The carriers were quick to highlight the advantages of their respective networks and services offerings as they all try to get new customers.
Following Sprint's acquisition of partner Clearwire in July after a months-long struggle to gain ownership of the company, only two Clearwire executives remain within the transformed Sprint, which itself is now owned by Japanese operator SoftBank.
Sprint CFO Joe Euteneuer confirmed that Apple's newest iPhones, the iPhone 5s and 5c, do not support LTE on 2.5 GHz spectrum, which Sprint will use for a nationwide TD-LTE deployment.
The biggest news, though it wasn't much of a surprise, at Apple's iPhone unveiling Tuesday was the introduction of the "mid-range" iPhone 5C alongside the higher-end iPhone 5S. However, it looks like the iPhone 5C is going to be a dud, at least in terms of attracting subscribers to carriers that offer low-cost or no-contract service.
Apple's newest iPhones, the iPhone 5s and 5c, don't yet work on China Mobile's TD-LTE network, but that could be changing, as a Chinese regulator gave the final license necessary for the iPhone to run on company's mobile networks. China Mobile is the world's largest operator, with around 740 million customers.
ExteNet Systems said Sprint and Verizon Wireless will extend their coverage via a distributed antenna system (DAS) the company is deploying at the Empire State Building in Manhattan.
T-Mobile US could benefit more than other U.S. carriers if it launches the cheaper version of the iPhone that Apple is widely expected to announce at a media event Tuesday at its headquarters in Cupertino, Calif., alongside a new high-end model, analysts said.
Comcast spent $393.2 million on advertising in the second quarter, down 17.4 percent compared to the same period last year, Kantar Media said Monday.
Sprint's $6.5 billion bond offering this week reportedly broke the record for the single largest noninvestment-grade offering ever sold directly to investors in a single day. Reports also indicated that Sprint will use part of the offering to pay off the more than $4 billion in debt owed by Clearwire, which Sprint acquired in July.
BERLIN—Verizon Communications' decision to pay $130 billion to purchase Vodafone's 45 percent share of Verizon Wireless was not a surprise to Sprint CEO Dan Hesse. Speaking here at the IFA trade fair, Hesse told the audience that Verizon Wireless was the most important part of Verizon's business and therefore it was necessary for the operator to have full control of its business.