Inmarsat Plc, the U.K. satellite operator, rose the most in four months after finalizing a contract with British Airways owner IAG SA to provide in-flight internet access on over 300 planes. The order strengthens Inmarsat’s joint push with Deutsche Telekom AG to provide web access on aircraft using satellites and the German phone company’s towers.
Category: T-Mobile
SoftBank Talks With Trump Team About Sprint Merger
That’s not a new idea. Sprint previously tried to merge with T-Mobile , only dropping the idea when federal regulators made it clear such a move would not be allowed.
News 28 mins ago 5:02 p.m.911 issues at Dallas Police are getting worse
A bank robbery in progress usually brings a quick police response but not if the callers can’t even get through to 911 and are being placed on hold. Witnesses at to a robbery in progress at a Chase Bank in north Dallas couldn’t get through to 911.
Sprint is Trying to Sell Trump on a Comcast or T-Mobile Merger –
Sprint and Softbank boss Masayoshi Son met with the Trump administration last month to sell the administration on a megamerger between Sprint and either T-Mobile or Comcast, notes the New York Times . In presentations to the Trump camp, Softbank executives made the case that “because of a lack of advanced digital investments,” the competitiveness of the United States economy was at risk.
Deutsche Telekom Lowers Value of Its BT Stake by $2.3 Billion
Deutsche Telekom AG wrote down its stake in British phone carrier BT Group Plc by 2.2 billion euros and placed it in a new unit for actively managed investments led by the company’s top M&A executive. The holding, now valued at about 5.1 billion euros, is part of a group of assets that also includes the company’s Dutch unit and its German tower business.
European Stocks Hold Modest Gains Ahead of Eurozone Inflation Data
European stocks edged higher in early Thursday trading but gains were limited ahead of key Eurozone inflation data and disappointing earnings from some of the region’s biggest companies. European stocks edged higher in early Thursday trading but gains were limited ahead of key inflation data from the European Commission and disappointing earnings from some of the region’s biggest companies.
Deutsche Telekom Takes $2.3 Billion BT Writedown, Posts Q4 Net Loss
Deutsche Telekom posted solid domestic earnings growth Thursday but a writedown of its stake in Britain’s BT offset improvements in its U.S. T-Mobile unit. Deutsche Telekom AG posted solid domestic earnings growth Thursday but a writedown of its stake in Britain’s BT Group plc offset improvements in its U.S. T-Mobile unit and pushed Europe’s biggest telco into a fourth quarter loss.
FCC Will Return to – Light-Touch’ Regulation, Chairman Says
The Federal Communications Commission will return to “light-touch” regulation to maximize investments in broadband, Chairman Ajit Pai said at the Mobile World Congress in Barcelona. “Our approach will be not zero regulation but light-touch regulation,” Pai said onstage Tuesday at the annual industry event.
Deutsche Telekom CEO Makes Case for Unified Approach to 5G
Deutsche Telekom AG Chief Executive Officer Tim Hoettges called on European telecommunications regulators to allow more industry consolidation, and asked authorities to ease the transition to a fifth generation of wireless services that would spur growth. Europe is “a quite difficult ecosystem” for M&A, Hoettges said in a Bloomberg Television interview in Barcelona, where he is attending Mobile World Congress this week.
Verizon Is Gaining Momentum, Buy Here
The markets are off to a great start in 2017, but not every stock is participating in the rally. Despite a series of all-time highs from the major indices, telecommunications giant Verizon Communications While Verizon is off to a rough start in 2017, the stock is now showing positive signs for the first time in months.
Just what is LTE-U? And can it coexist peacefully with WiFi?
This spring, cellphone carriers such as T-Mobile plan to start supporting a new kind of mobile data. Known as LTE-U, the technology may result in a faster, smoother mobile experience.
Verizon Uses High Ranking in Reliability Survey To Knock T-Mobile
Verizon is firing back at T-Mobile’s aggressive marketing campaigns, pointing to fresh data showing the telecommunications giant offers the most reliable U.S. wireless service. RootMetrics’ latest reading on U.S. wireless performance, released late Wednesday, has Verizon tops in national reliability, network speed, and data, call and text performance.
News 5 mins ago 6:40 p.m.Ghost calls threaten safety
Some people trying to get through to 911 may be getting a message that puts them on hold. Dallas City Council Member Philip Kingston days, “being placed on hold at 911 is not acceptable.”
Dish Network put on clock to activate unused spectrum
Dish Network Corp. spent more than $3 billion five years ago on a trove of radio frequencies to exploit the mobile video revolution that’s vanquishing traditional media services such as the company’s namesake satellite-TV product. But the radio waves sit idle, and the company led by its founder, billionaire Charlie Ergen, is running into government demands that it utilize the spectrum.
T-Mobile stock climbs on report SoftBank open to Sprint combination
The stock of Bellevue-based T-Mobile US rose 5.5 percent Friday following a report that SoftBank would be willing to give up control of Sprint if it would help cement a potential merger of the two mobile-phone carriers. The stock of Bellevue-based T-Mobile US rose 5.5 percent Friday following a report that SoftBank Group would be willing to give up control of Sprint if it would help cement a potential merger of the two mobile-phone carriers.
T-Mobile Has a Lot of Negotiating Power in Any Merger Talks with Sprint
Since then, T-Mobile has punched a giant hole in that argument by steadily delivering profitable growth and share gains, and forcing its rivals to respond with major discounts. In addition to giving deal opponents a big talking point, the self-proclaimed “Un-Carrier’s” financial success gives it a lot of bargaining power should it choose to pursue a tie-up with a rival that still faces its share of issues.
Exclusive: SoftBank willing to cede control of Sprint to entice T-Mobile – sources
Japan’s SoftBank Group Corp is prepared to give up control of Sprint Corp to Deutsche Telekom AG’s T-Mobile US Inc to clinch a merger of the two U.S. wireless carriers, according to people familiar with the matter. The logo of U.S. mobile network operator Sprint Corp is seen at a Sprint store in San Marcos, California August 3, 2015.
T-Mobile one-ups Verizon; 4th-quarter results top forecasts
Mobile US has added new features to its unlimited data plan to one-up competitor Verizon, just hours after the larger carrier announced its own unlimited plan. T-Mobile, headquartered outside Seattle, will allow customers to stream videos in HD quality by default beginning Friday, addressing the major criticism of its unlimited T-Mobile One plan.
Your complete guide to choosing an unlimited data plan
With all the unlimited mobile data plans out there these days , it’s easy to feel a little lost. Between the varying offers and the fine print, choosing a data plan in 2017 may seem like an exercise in frustration.
T-Mobile USA Shares Rise as Company Blows Through Q4 Consensus for Earnings, Revenues
Mobile USA beat expectations for earnings and revenues in the fourth quarter, as competition between the wireless carriers grows increasingly intense. Shares rose 1.6% to $ The carrier reported earnings of 45 cents per share, well above Wall Street forecast 28 cents per share, and revenues of $10.2 billion also beat expectations of $9.86 billion.
Verizon is launching an ‘unlimited’ data plan for the first…
Verizon on Sunday said that it will launch an unlimited LTE data plan, titled Verizon Unlimited, on February 13. The plan will start at $80 per month for an individual line, or $45 per line for a group of four on smartphones or tablets. Both new and existing subscribers will be able to sign up.
Trump’s new FCC boss has already set the stage for a less open…
Last week, the FCC’s Wireless Telecommunications Bureau closed multiple inquiries led by former Chairman Tom Wheeler into the data-cap exemption – colloquially known as “zero-rating” – policies of various internet service providers, including AT&T , Verizon , T-Mobile , and Comcast . Previously, Wheeler, who stepped down once Trump took office, oversaw a monthslong back-and-forth between the FCC and those ISPs.
FCC scraps net neutrality investigations of AT&T, Verizon, T-Mobile
The Federal Communications Commission said Friday that it is ending investigations into three major U.S. wireless carriers over potential violations of net neutrality rules. The FCC sent letters to Verizon, AT&T and T-Mobile to inform the companies that the agency’s previous investigation was over.
FCC suspends probes of telecommunications firms
The Federal Communications Commission on Friday suspended its probes into whether thee major telecommunications companies violated net neutrality rules with their data plans. The FCC’s wireless telecom bureau sent letters to AT&T, Verizon and T-Mobile informing them that the probes were over.
FTC mails $20M in refunds to T-Mobile customers in ‘cramming’ case
FTC mails $20M in refunds to T-Mobile customers in ‘cramming’ case Typical charges added unwanted $9.99 monthly fees for horoscopes, sport or celebrity gossip. Check out this story on USATODAY.com: http://usat.ly/2jZqJOg T-Mobile recently introduced a new “Kickback” program which is designed to give customers who don’t use much data a credit of $10 a month.
FTC Returns Nearly $20 Million in Additional Refunds to T-Mobile Customers
The Federal Trade Commission is mailing refund checks totaling nearly $20 million to more than 617,000 T-Mobile customers who had third-party charges added to their mobile bills. These refunds are the result of a 2014 settlement with T-Mobile , which also involved all 50 states and the District of Columbia, as well as the Federal Communications Commission.
Better Buy: AT&T Inc. vs. T-Mobile US Inc.
For most of its history, investing in telecom companies was a pretty straightforward process. Huge barriers to entry and a certain level of government regulation protected these giants.
As Verizon Hears T-Mobile’s Footsteps, It Might Go Acquisition-Hunting Again
Yes, rivals might attract some low-end customers with their cheap plans, Big Red has said, but we’ll hold onto the most lucrative consumer and business accounts thanks to our superior network. And as we upsell those customers on new services, our wireless revenue will grow.
Verizon Stock Downgraded: What You Need to Know
Since the 2016 election, Verizon stock has gained 10% versus an S&P 500 gain of just 5%. Unfortunately for investors, while Verizon has outperformed so far, analysts at Wells Fargo see the stock underperforming in 2016, and gaining almost no value at all over the next 12 months.
Verizon Is Finally Paying Attention to This Valuable Market
One area where AT&T has been able to stymie its losses is in prepaid customers. Unlike postpaid customers, prepaid customers pay for services before they receive them.
Mega-mergers poised to get green light under Trump
Donald Trump Dem sen: Lewis’ comments on Trump ‘uncalled for’ Mark Hamill mocks Trump by reading Meryl Streep tweets as the Joker Priebus: John Lewis’s comments ‘irresponsible’ MORE ‘s incoming administration will be more favorable to corporate mergers, experts and business groups believe, marking a sharp shift from the Obama years. Trump’s team is tapping nominees who have offered support for scaling back regulations and oversight as companies in key industries look to consolidate.
Tom Wheeler accuses AT&T and Verizon of violating net neutrality
With just over a week left as chairman of the Federal Communications Commission, Tom Wheeler today accused AT&T and Verizon Wireless of violating net neutrality rules with paid data cap exemptions. But with the FCC about to switch to Republican control after next week’s inauguration of President-elect Donald Trump, AT&T and Verizon can likely keep doing what they’re doing without any chance of punishment.
AT&T Stock Is ‘Worth Watching’: More Squawk From Jim Cramer
Shares of AT&T were trading lower in mid-morning trading on Wednesday after the stock’s rating was downgraded to hold from buy at Deutsche Bank earlier today. The call reflects weaker margins and slower EPS growth, the firm wrote in the note.
T-Mobile Expects to Have More Phone Customers Than AT&T Within 5 Years
He spouted off numbers like 2.1 million total net adds, 1.2 million postpaid net adds, and 933,000 postpaid phone net adds. But the most interesting thing he said, in my opinion, is that he expects to overtake AT&T If he had said something similar when he took over as CEO of T-Mobile four years ago, nobody would have believed him.
T-Mobile to simplify rate plan
At a press event here Thursday during the CES electronics show, John Legere, CEO of the self-proclaimed “Uncarrier,” announced the company will simplify its rate plans and the bills it sends out to customers. It also plans to reward customers who are frugal in their data usage by reducing their next month’s bills.
A New York Times editorial: Sprint and Trump’s fictional jobs
President-elect Donald Trump would like everybody to believe that his election is energizing the economy by forcing businesses to create thousands of jobs in the United States. And companies like Sprint seem perfectly happy to go along with this fiction because they know they can profit handsomely by cozying up to Trump.