T-Mobile US CEO John Legere has been making bold moves with “Uncarrier” plans. This forced other carriers to make similar moves by offering a frequent device upgrade program. AT&T has announced that it is offering up to $450 in credits for customers for switching to them from T-Mobile. AT&T’s offering up to $250 for trading in their current smartphone as part of their usual trade-in plan and an additional $200 for transferring their wireless service to AT&T.
SoftBank is inching closer towards locking in a deal to buy-out T-Mobile, according to Nikkei. SoftBank wants to make the purchase of T-Mobile through Sprint as part of a deal worth around $19-$20 billion. SoftBank will need to clear regulatory approval from the FCC and Justice Department though. If the deal does go through, then there will be three major telecommunication carriers rather than four.
Sprint is working on making a bid for T-Mobile U.S., according to sources with The Wall Street Journal. If the merger takes place, there would be three giant telecommunications companies in the U.S. rather than four. Sprint is researching regulatory concerns and may launch a bid in the first half of next year. The deal could be worth more than $20 billion depending on the size of T-Mobile stake that Sprint tries to buy.
T-Mobile US Inc (NYSE:TMUS) is planning to use spectrum that they acquired from MetroPCS Communications to activated faster LTE services in several cities. One of the first cities to benefit from the increased spectrum is Dallas, Texas. The 10-by-10 LTE service will be pushed into 40 out of the top 50 markets by the end of the year. The company is also working on a service called 20-by-20, which doubles the 20MHz spectrum that is used by LTE networks and will be rolled out next year. The 20-by-20 service works on any LTE capable device.
The four largest wireless carriers in the U.S. have rejected the idea of Samsung’s kill switch plans, according to The New York Times. The anti-theft kill switch would have given an Android smartphone or tablet user the ability to quickly “brick” their device if it was stolen.
T-Mobile US Inc (NYSE:TMUS) has announced on Monday that they could bring in nearly $2 billion for spectrum purchases. T-Mobile is going to sell 66.15 million common shares (around 9% of existing shares outstanding). T-Mobile would be using the proceeds to buy airwaves to increase their network capacity for wireless data services.
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