The Federal Trade Commission filed a lawsuit against AT&T Mobility, alleging that the carrier misled as many as 3.5 million customers with legacy unlimited data plans by throttling their data speeds and changing the terms of their plans. AT&T said the lawsuit does not have any merit.
HALF MOON BAY, Calif.--T-Mobile US continued to roar ahead in terms of subscriber growth in the third quarter. T-Mobile also hit its year-end LTE coverage milestone of 250 million POPs a couple of months ahead of schedule. However, T-Mobile's earnings took a hit in the quarter, in part because of the surge in subscribers and higher expenses.
HALF MOON BAY, Calif.--T-Mobile US CEO John Legere said he is impressed by what Sprint CEO Marcelo Claure is doing to be aggressive and win back market share, but he warned that if customers flood onto Sprint's network and have a poor experience they will churn and never come back.
Postpaid competition has been dominating mainstream and industry press headlines. Postpaid device and double data promotional moves by all rivals set the competitive tone as we enter the all-important fourth quarter. On Verizon's third-quarter 2014 earnings call, CFO Fran Shammo noted that the prepaid sector growth has slowed relative to previous years, and given entry price points are so close to postpaid, some of those subscribers are moving to postpaid.
Although the new Apple SIM card for its new iPad Air 2 and iPad mini 3 promises to let customers switch between different carriers' service plans on the tablets, there are a number of caveats to the service that have recently come to light. Most notably, AT&T Mobility confirmed that if customers purchase an iPad with the new Apple SIM card and activate cellular service via AT&T, the Apple SIM card will be locked to AT&T's network and customers will need to purchase a new SIM to activate the device on another carrier.
América Móvil once again had to quiet speculation that it is interested in acquiring T-Mobile US. Just as the company was forced to do in the second quarter, the Mexican-based telecoms giant addressed rumors of a deal on its quarterly conference call; CEO Daniel Hajj said the company is not in talks with T-Mobile.
T-Mobile US' MetroPCS prepaid brand is finally getting into the tablet market. The company is launching the Alcatel One Touch Pop 7 tablet for $149 (plus tax).
T-Mobile US has upgraded parts of its 2G GSM network with enhanced encryption technology, which could provide a stronger defense against government eavesdropping and other network intrusions. The changes come after revelations of widespread surveillance of phone calls and Internet traffic by the National Security Agency.
Nokia reported growing sales in the third quarter, thanks in part to booming business in its Network unit, which was driven by a strong performance in North America. The company reported its first year-over-year growth in quarterly revenue since the first quarter of 2011.
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.