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After Sprint CEO made $43 million last year, Sprint to lose 900k subs this quarter

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by 4 days ago
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KansasCity Last week, it was reported by FierceWireless that Sprint is likely going to report¬†significant¬†subscriber losses for¬†the second quarter. In fact, Sprint is expected to¬†report close to 900,000 handset subscriber losses for¬†the second quarter. The losses of Sprint are mostly due to terrible service from questionable¬†coverage, call quality and network speeds. Now, an¬†adviser service is signaling their opposition to¬†Sprint’s CEO Dan Hesse’s $49 million pay package for 2013. “Institutional Shareholder Services¬†said it is challenging the pay package because Hesse’s special equity award of $18.7 million was “entirely time-based, lacking connection to any performance criteria.”¬†Institutional Shareholder Services also said that Sprint…

Sprint may have competition in bidding for T-Mobile

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by 1 week ago
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With rumors of Sprint and T-Mobile finalizing a deal that would merge the two companies, rumors are now being revealed which hint at Mexican billionaire Carlos Slim being interested in purchasing T-Mobile. According to the Wall Street Journal, Slim recently received cash from his sale of shares of Am√©rica M√≥vil and currently owns an interest TracFone, a US prepaid wireless service that is the country’s fifth largest carrier. TracFone currently leases capacity in large cellular networks operators like AT&T and Sprint. Last week, America Movil announced that it was going to slash¬†its market share in Mexico from 70% to 50%…

T-Mobile expected to keep title of “fastest-growing” carrier

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by 1 week ago
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BusinessInsider When T-Mobile announces their Q2 results at the end of the month, analysts¬†expect¬†T-Mobile to continue being the¬†“fastest-growing wireless company in the U.S.” According to TMONews, T-Mobile’s record¬†Q1 results showed¬†2.4 million net adds between January 1st and the end of March. Therefore, it should not be a surprise¬†to see T-Mobile not replicate that growth again. With¬†7% service-revenue growth, T-Mobile would¬†continue to keep the title as the fastest-growing wireless company in the country. Even with Sprint/T-Mobile merger details continuing to be leaked, it is becoming more difficult to argue that T-Mobile by itself is not quickly approaching AT&T and Verizon as…

LG G3 coming to Sprint July 18

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by 3 weeks ago
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Sprint is announcing the LG G3 will be available starting July 18th, in black and gold colors. Is it really the phone (or carrier) for you, though?

Dear John Legere, stop blaming others and fix your own issues

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by 3 weeks ago
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T-Mobile’s CEO John Legere decided to respond to the recent FTC complaint by blaming just about everyone else including the FTC, other carriers and the third party providers. Unfortunately for T-Mobile, their history with cramming suggests that they need to look into the mirror and fix this almost decade-old problem.