Sprint & T-Mobile have agreed on the broad outlines of a merger valuing T-Mobile at around $32 billion, according to the Wall Street Journal. Under the deal, Sprint would pay around $40 a share for T-Mobile during the summer time. The deal would be roughly 50% cash and 50% stock. T-Mobile’s largest shareholder, Germany’s Deutsche Telekom AG, would retain a stake of 15% to 20% in the new company.
MKM Partners on Tuesday put out a research note suggesting that AT&T has a temporary freeze on many wireline and wireless capex (capital expenditures) projects. This would run counter to previous suggestions that in 2014, AT&T would decrease wireline capex projects while increasing wireless capex projects (and overall stay flat between the two). One of the few projects that seems to have survived this freeze is called Project Stream.
Beginning June 1, Verizon is changing their upgrade program, Edge, so that the number of monthly payments for a device changes from 24 months to 20 months. Verizon is also changing the percentage of a device’s costs that a customer will need to pay off before they can upgrade from 50% to 60%.
Back in October of 2010, the ITU declared that LTE technology wasn’t technically “4G,” and that no major wireless carrier was technically deploying 4G networks. According to the ITU, only technology like LTE-Advanced, capable of speeds over 100 Mbps, could be considered 4G. Carriers ignored the declaration with T-Mobile arguing their HSPA+ build was the “largest 4G network,” and Sprint & Verizon also made “4G” part of marketing for their respective LTE networks (technically, LTE and Mobile WiMax).
The Samsung Galaxy S5 Active has landed exclusively at AT&T. The ruggedized update to their flagship Galaxy S5 brings shock-proofing, comes in Camo Green, Ruby Red or Titanium Gray colors and can be yours for just $199 on a two year contract.
It has been a long time coming but the Asus PadFone X is finally getting ready to make its way to AT&T, with pre-orders beginning on June 6th.
Last week, Sprint sued AT&T, Verizon and other carriers in California federal court. Sprint accuses the carriers of improperly billing Sprint for millions of dollars in switched-access charges on local wireless calls. Several weeks ago, Sprint sued Verizon and other carriers with a similar complaint over local access call charges.
According to Bill Smith, president of AT&T network operations, AT&T will likely be adding between 1,500 and 3,000 macro cell sites to its network per year for the”foreseeable future” as part of an effort to improve its network and improve coverage and capacity. AT&T already plans on deploying spectrum bands for LTE service, which the FCC will be auctioning later this year.
Just last week, this site discussed how AT&T and Comcast were basically threatening the FCC and general public that if their companies were to be reclassified under Title II, suddenly their investments and deployment would slow down if not stop! In fact, there is little if any truth to these statements by the cable/broadband giants. In fact, as Matthew Yglesias of Vox.com points out, these companies are actually DECREASING how much they spend on infrastructure investment over the last five years.
Now, AT&T is installing an additional 45 stations around the city. The stations will be better equipped to handle the weather and can be used during the day or at night. Specifically, solar panels from the top of the terminal will provide power during the day while built-in lithium batteries will run the stations at nights.