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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.

HUAWEI-5G-Communications

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).

FCC Seal Emblem

A total of 145 companies including Google, Facebook, Microsoft, Amazon, DropBox, and Yahoo issued a joint statement to FCC boss Tom Wheeler for his proposal to protect network neutrality by destroying it. The letter is not only signed by more than 100 Internet companies but also by two of five commissioners of the Federal Communications Commission. In the letter, the companies take issue with Chairman Tom Wheeler’s plan to regulate broadband providers

Bigstock Poor Customer Service

Consumer Reports routinely shows that cell phone service providers are one of, if not the, worst in terms of customer satisfaction rankings. While Sprint now occupies last place in the latest Consumer Reports survey, AT&T has consistently been dead last in recent years. In fact, Consumer Reports has found that the cell phone provider with the highest marks was prepaid operator Consumer Cellular.