Items tagged with (NASDAQ:TMUS)
The 5G revolution has begun, and America's big wireless carriers are all jockeying for position to tout their initial efforts. T-Mobile is hoping to get a leg-up on the competition with today's announcement that its nationwide 5G network is now operational a few days ahead of schedule. While AT&T and Verizon are both using mmWave technology, which only provides spotty coverage outdoors when close to a transmitter, T-Mobile is using its 600MHz spectrum to deliver 5G coverage. As a result, T-Mobile can cover more people at greater distances. T-Mobile's 5G speeds at this point, however, are closer to that of 4G LTE than the 1Gbps transfers that you can see in optimal conditions...
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John Legere and T-Mobile seem almost inseparable. While Legere was an AT&T exec prior to his arrival at T-Mobile to take over the CEO role, he has made a lasting impression on the industry during his time with Big Magenta. Now, Legere's time at the helm of T-Mobile will come to an end next year according to a press release issued this morning. Legere's contract ends on April 30th, 2020, and it will not be renewed. As a result, current Chief Operating Officer Mike Sievert will take on the role as CEO starting on May 1st, 2020. “John taught everyone at T-Mobile that if you listen to customers and empower employees, you can change a culture – and by doing so – change a company...
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T-Mobile has announced it will launch its nationwide 5G network, which it will use to "do good" around the country. The big announcement is that T-Mobile will light up its 5G nationwide network on December 6, laying the foundation for the massive network that will have the capacity to deliver what it calls "breakthrough connectivity" to millions. That last bit relies on the closing of its merger with Sprint as planned in 2020. T-Mobile says that the combined T-Mobile and Sprint will be a "supercharged Un-carrier" that is bigger and better with plans to use 5G for good. The merged Sprint and T-Mobile is being called the New T-Mobile, and it is outlining three new initiatives focused on using 5G...
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Have you been on the ropes about trying third-place wireless carrier T-Mobile's wireless network, but didn't want to go through the hassle of switching phones, changing numbers, or signing a new contract? Well, T-Mobile has relaunched an initiative that will let you dip your toes into magenta waters with a 30-day "Test Drive". T-Mobile is trying to show off its new 600MHz low-band spectrum, and as a result, you can sign up to receive a 4G LTE hotspot free of charge to use for up to 30 days. With 600MHz spectrum, T-Mobile says that signals travel twice as far compared to mid-range alternatives, while coverage in buildings provides up to a 4x uplift. According to T-Mobile, its customers in...
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Hot on the heels of news earlier this week that the U.S. Department of Justice was on the verge of approving the merger of T-Mobile and Sprint, the news was confirmed this morning. The merger is valued at $26 billion, and will create a strengthened third-place wireless carrier to better compete with #1 Verizon and #2 AT&T. However, there are number of concessions that had to be made for the merger to obtain the DOJ's blessing. For starters, Sprint is divesting its prepaid business including Boost Mobile and Virgin Mobile to Dish Network, which is creating its own wireless service. Dish Network will also gain 800MHz spectrum totaling $5 billion from T-Mobile and Sprint along with...
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Sprint and T-Mobile announced that they intended to merge with T-Mobile CEO John Legere leading the newly merged company last year. Today, a report is going around that the U.S. Department of Justice plans to approve the $26 billion merger between the two cellular carriers on Thursday. However, the deal will have some conditions attached to it. The big condition is that certain wireless assets must be sold to Dish. CNBC cites sources close to the matter as saying that the DOJ is requiring T-Mobile to sell its pre-paid mobile division to Dish with the satellite TV provider paying $1.4 billion in return. Dish will also pay $3.6 billion over time for spectrum assets. The sources claim that the merged...
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T-Mobile is fashionably late to the 5G party, not that it really matters this early in the game. AT&T was the first to light up its mobile 5G network, and was followed closely by Verizon Wireless. Sprint joined the fray last month, and T-Mobile is now saying that it will make available its first 5G-compatible smartphone on June 28th(Friday). Like the other three major U.S. wireless carriers before it, T-Mobile will be offering the Samsung Galaxy S10 5G, which will be priced at a staggering $1,299 upfront. However, you can always use T-Mobile's equipment installment plan (EIP) and get the smartphone for $31.25 per month after forking over a down payment of $549.99. T-Mobile's 5G...
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Amazon as a wireless carrier? It seems like an outrageous idea, but it's a move that could be in the cards according to a new report. T-Mobile and Sprint -- the third- and fourth-place U.S. wireless carriers respectively -- are looking to complete a merger that has seen some pushback from the U.S. Government. As part of the merger agreement, T-Mobile and Sprint have agreed to offload Sprint's Boost prepaid brand; a divestiture that could bring in as much as $3 billion. Boost currently has between 7 to 8 million customers according to recent estimates. According to Reuters, Amazon reportedly wants in on the action and is looking to purchase Boost to grow its empire....
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Sprint and T-Mobile announced a little over a year ago that they would be merging into one company. However, the United States Department of Justice has a few things to say about this union before the companies can ride off into the sunset. The Department of Justice has reportedly told Sprint and T-Mobile that the government will not allow the deal to be completed as it currently stands. Last spring, Sprint and T-Mobile announced that they would merge together to provide the best 5G network possible. Sprint CEO Marcelo Claure noted, “Going from 4G to 5G is like going from black and white to color TV...It’s a seismic shift-- one that only the combined company can unlock nationwide...
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Samsung dazzled tech enthusiasts when it first unveiled the production version of the Galaxy Fold in late February, and now we’re getting a firm launch date for the smartphone in the United States. Third-place U.S. wireless carrier T-Mobile announced this morning that the Galaxy Fold will be available on its network later this month. Interestingly, the company isn’t talking at all about pricing, trade-in deals or any other special promotions that are applicable to the Galaxy Fold, which is somewhat odd. T-Mobile is often quick to point towards its pricing advantage compared to other carriers. And given that the Galaxy Fold carries a suggested MSRP of $1,980, there’s...
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Hidden fees, inconsistent pricing, abysmal customer service, and limited content have all become hallmarks of the satellite television providers. T-Mobile hopes to change this and is reportedly “one step closer to taking on Big Cable later this year”. T-Mobile plans to launch its own cable television solution, TVision Home. TVision Home is “an upgraded, rebranded version of Layer3 TV”, which T-Mobile acquired in 2017. Layer3 TV was an internet-based TV platform and it offered 275 HD channels, DVR support with the ability to record 8 shows at once, and access to over 25,000 on demand titles. TVision Home will offer more than 150 channels, 35,000 On Demand movies,...
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T-Mobile is doing everything in its power to ensure that its merger with Sprint passes muster with the U.S. government. The company has already announced that the two combined companies would be able to accelerate 5G network rollouts and has committed to not raise prices for three years and to keep 5G plans the same price as its current 4G LTE plans. Today, T-Mobile has announced an extremely limited pilot program that will be available to eligible U.S. households. T-Mobile Home Internet will be offered – at least initially – to 50,000 households and provides fixed, 4G LTE data to customers at speeds of up to 50Mbps. More importantly, T-Mobile says that it will offers these...
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Although there has been a bit of confusion surrounding when T-Mobile’s 5G network will first be available to customers, there is less ambiguity surrounding the details of 5G plan pricing. T-Mobile is known for helping to re-popularize unlimited data plans in the United States, and that unlimited streak will continue with 5G availability. T-Mobile CTO Neville Ray made it clear that not only will its 5G plans be unlimited – like its current 4G LTE plans – but that there won’t be any pricing premium compared to its existing service. That’s right, whether you have a 4G LTE smartphone or a newfangled 5G device, you’ll still pay the same price. So,...
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The US Justice Department has filed a series of indictments against Huawei, China's largest telecommunications company, and its US affiliate. Huawei stands accused of several crimes, including a conspiracy to steal trade secrets from T-Mobile, more than half dozen counts of wire fraud, and obstruction of justice. US security and intelligence agencies have long warned against doing business with Huawei over concerns that it is spying for the Chinese government. Today's charges, however, are not directly related to those previous warnings. Instead, the Department of Justice says Huawei conspired to steal intellectual property from T-Mobile, and could end up paying millions of dollars if found guilty....
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