Sprint is on track to begin deploying three-channel carrier aggregation in the next few months, executives said, and it is already seeding the market with five supporting handsets.
Sprint's aggressive promotions continued to pay dividends in the latest quarter as the carrier reported 173,000 postpaid phone net additions, beating analysts' estimates. But once again, those customer gains came at a cost.
Sprint is quietly testing new unlimited data plans in a handful of markets across the U.S. And it appears to have taken a page from T-Mobile's playbook to do it.
SoftBank President and CEO Masayoshi Son moved quickly to push his company's $32.1 billion deal to acquire ARM on Monday, urging analysts and investors at a London conference to "listen to the force." Noting that he is the company's largest shareholder, Son plugged the emergence of the IoT, saying investors should capitalize on a "paradigm shift" in technology as connectivity becomes ubiquitous.
Wireless industry insiders in the U.S. love to argue about carrier factors such as promotional campaigns, ARPU and price per gigabyte (as evidenced by the recent dust-up regarding Verizon's recent price hikes). But a new research note from MoffettNathanson argues investors shouldn't pay too much attention to those variables when it comes to picking carrier stocks.
U.S. carriers were more concerned about fully monetizing their existing users than they were about poaching rivals from the competition during the second quarter of 2016, Barclays analysts say, which likely means the market will remain relatively unchanged from the first quarter. But the space could heat up in a major way during the second half of the year.
Japan's SoftBank has agreed to acquire ARM Holdings in a $32.1 billion deal that would mark the biggest-ever purchase of a European technology company. What that might mean for Sprint, though, is far from clear.
Virgin Mobile will move its headquarters and hire more than 50 new employees as it continues to prepare for a relaunch of Sprint's prepaid wireless brand later this year.
A free-market think tank argues that Sprint and other smaller players will gain an unfair advantage if the FCC enacts its proposed rules on the special access market.
AT&T, Sprint, T-Mobile and Verizon Wireless are all hopping on new a shared distributed antenna system (DAS) in the Liberty Tubes and the Fort Pitt and Squirrel Hill tunnels in the Pittsburgh area in order to help prevent dropped calls for motorists.