T-Mobile US agreed to pay at least $90 million to resolve an FCC investigation into allegations that the company billed customers for millions of dollars' worth of unauthorized third-party subscriptions and premium text messaging services.
A new report from Wells Fargo analysts highlights just how important major U.S. metro markets are for wireless carriers. The report shows that AWS-3 spectrum license prices for the top three U.S. markets are 94 percent above the average prices in the auction.
Handing a victory to T-Mobile US and smaller carriers, the FCC agreed to provide guidance on what exactly constitutes a "commercially reasonable" data roaming agreement. The move represents a blow to AT&T Mobility and Verizon Wireless, which had urged against such action.
Sprint is facing a lawsuit by the Consumer Financial Protection Bureau that alleges the carrier illegally billed wireless consumers for tens of millions of dollars in unauthorized third-party charges.
T-Mobile US' latest "uncarrier" move, to offer new and existing customers rollover data, could improve its business on the margins and boost its brand image, but it is unlikely to have a major impact or provoke a reaction from competitors, according to financial and industry analysts.
T-Mobile US is launching a program that will let its customers roll over their unused data usage from month to month. The program, which the carrier calls "Data Stash," will be available to new and existing T-Mobile subscribers on an eligible postpaid Simple Choice plan who have purchased at least 3 GB of LTE data for smartphones or at least 1 GB for tablets.
Sprint could be faced with a whopping $105 million fine from the FCC for knowingly overcharging its customers for third-party services, according to a National Journal report.
T-Mobile US CEO John Legere has a holiday surprise: the carrier's latest "uncarrier" move. The wily and voluble CEO will unveil T-Mobile's "uncarrier 8.0" at an event tomorrow morning in an interview with David Pogue of Yahoo! News.
The FCC's AWS-3 spectrum auction is crawling along toward its conclusion, with total provisional winning bids now topping $43.7 billion. There are also signs that the auction will end shortly.
Investors last week dumped the stocks of Verizon Communications, AT&T, Sprint and T-Mobile US in a hurry amid growing concerns that the carriers' wireless pricing battles are unsustainable long term and that rising costs of spectrum will combine with the price war to drive down carriers' profitability.