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…
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 América Móvil 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%…
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…
A report from Asian publication, Nikkei, that claims that a deal is officially in place and just the final details need to be ironed out.
First introduced at CES as the Projector Hotspot, the ZTE-made LivePro is a crazy contraption that, Sprint hopes, is more than the sum of its parts. And boy, there are a lot of parts to talk about.
Now, Sprint is pushing a new service by VTel which allows for internet over Sprint’s broadband spectrum to those in Vermont who do not have better options. VTel has twelve towers working and plans to put up another 157 through strictly private funds by the end of 2015.
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?
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.
Sprint has announced its newest exclusive, the Galaxy S5 Sport, essentially a re-branded version of AT&T’s Galaxy S5 Active.
Sprint has been talking to eight different banks that are willing to help finance the deal. The merger would put together the third and fourth largest mobile operators in the US.