News of Note—Sprint’s new CFO; AT&T’s fine; Qualcomm’s new chips and more

news of note
Huawei said it will release its first 5G phone next year. (Pixabay)

Here are the stories we’re following today:

> Like AT&T, Sprint has raised its monthly administrative charge to $2.50 from $1.99 earlier this year. WSJ article

> Sprint has hired Andrew Davies, previously the group CFO for Amsterdam-based VEON, as the company’s new chief financial officer. Release

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> Qualcomm introduced a new chip targeted at wireless earphones. PhoneScoop article

> Huawei said it will release its first 5G phone next year. CNET article

> President Trump said SoftBank will invest $72 billion into the United States, more than previously expected. Reuters article

> According to data from the GSMA and GTI, China will be the world’s largest 5G market by 2025 with 430 million connections. Economic Times article

> ZTE is reportedly preparing to overhaul its board in order to resume business with U.S. companies. Reuters article

> The FCC said AT&T will pay a $5.25 million fine because it did not connect at least 15,000 calls to 911. Verge article

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