The first quarter saw more of the same mixed results in the U.S. wireless industry as handset upgrade rates reached an all-time low and subscriber growth slowed while profitability and margins topped records set just two quarters ago, UBS said in a research note.
Sprint's CFO said the carrier is working on a financial arrangement where it will sell the rights to some of its spectrum licenses to an unnamed entity that will then lease those rights back to Sprint. Sprint's Tarek Robbiati said the company expects to finalize the money-raising effort within the coming months.
According to a new customer survey from investment banking firm Pacific Crest Securities, T-Mobile US' momentum in the market will cool during the coming months. "Our survey indicates subscriber trends at T-Mobile are slowing," the analysts wrote in a new report. "This corresponds to what T-Mobile reported for postpaid subscriber porting ratios, where each carrier improved against T-Mobile q/q in 1Q16."
Now that the first quarter 2016 earnings season is over, FierceWireless is sizing up how the largest wireless operators -- Verizon, AT&T, T-Mobile and Sprint-- performed.
Now that the first-quarter earnings season is coming to a close, it's time to take stock and see how each of the major carriers performed. FierceWireless has compiled several reports from leading analysts to present an in-depth look at just how Verizon Wireless, AT&T, T-Mobile US and Sprint each performed in the first quarter of 2016.
AT&T and Sprint are hoping to boost second-quarter subscriber adds with new promotions continuing the buy-one, get-one theme.
Sprint's on-and-off relationship with two-year customer contracts appears to be off. Again. Android Central posted what appears to be an internal Sprint document informing retail staffers that it will stop offering contracts and subsidized handsets for new accounts beginning this Tuesday.
Some industry analysts have speculated that it may take several years before carriers can begin to deploy services on the 600 MHz airwaves that the FCC will put up for auction in the coming weeks. But T-Mobile executives think they may be able to begin to leverage that spectrum as early as 2017.
Sprint is taking a page from T-Mobile's playbook and enabling customers to watch every live match of next month's Copa América Centenario soccer tournament on their phones without incurring data charges.
It's official: Sprint will conduct 5G demonstrations on June 3 and June 6 at Levi's Stadium in Santa Clara, California, and on June 9, 11 and 14 at Lincoln Field in Philadelphia.