Photo Credit: William Ross via Flickr.

Sprint’s shares hit new low for the year as investors react to its plan to beat T-Mobile

With a T-Mobile merger no longer on the table, Sprint has kicked off a pricing war with the introduction of a family plan that offers twice as much data at same price as the competition. Later this week, the Overland Park, Kansas-based carrier, which is majority owned by SoftBank, is expected to unveil cheaper individual plans, as well. Investors reacted… Read More

T-Mobile CEO John Legere.

Verizon tops rivals in new RootMetrics wireless report, but T-Mobile gains in cities

Verizon comes out ahead of rivals AT&T, T-Mobile and Sprint in nearly every category of performance — including reliability, data speeds and phone calls — in a new study of the U.S. wireless market by RootMetrics. However, the report says T-Mobile made noticeable improvements in larger cities, based on the wireless company’s ongoing investments in metro areas. According to the… Read More

T-Mobile logo

Shares of T-Mobile and Sprint tumble after blockbuster deal collapses; Marcelo Claure named new CEO of Sprint

Wall Street seems to have really liked the idea of Sprint and T-Mobile tie up. Shares of both companies tumbled on Wednesday morning after reports emerged that Sprint is canceling its planned takeover of T-Mobile, the fourth largest wireless carrier in the U.S. Overland Park, Kansas-based Sprint is taking the brunt of the negative reaction,… Read More

T-Mobile CEO John Legere.

Sprint is giving up on T-Mobile bid, Sprint CEO Dan Hesse to be replaced, reports say

Updated at 4:30 p.m. with additional details. Sprint is abandoning its attempt to acquire T-Mobile, according to a breaking news alert this afternoon on the Wall Street Journal’s website. An initial story quotes an anonymous source saying that Sprint viewed the regulatory challenges as too difficult for the transaction. In addition, Sprint plans to replace… Read More

John Legere

Why T-Mobile should delay selling to Sprint — or anyone else

A T-Mobile sale has appeared inevitable for almost a year, following constant rumors that it’s in talks with Sprint, and more recently, when a little-known French telecom company made an out-of-the-blue bid. But now, some analysts are making the case for the Bellevue, Wash.-based wireless carrier to hold off on a merger — at least for the foreseeable future. As negotiations… Read More

T-Mobile CEO John Legere.

Sprint, T-Mobile looking to raise $10 billion for auctioned wireless airwaves

As Sprint and T-Mobile prepare to merge, the companies are now reportedly looking to raise money to bid for wireless airwaves. The Wall Street Journal notes that the wireless giants want to raise $10 billion for a 2015 auction of airwaves owned by television broadcasters. The money would be part of a financing package between the companies that, as… Read More

sprint-logo

Sprint adds 4G LTE service in 28 markets, including Seattle

Sprint customers in Seattle will finally be able to have access to 4G LTE service. The nation’s third-largest wireless carrier announced today that it is expanding its 4G LTE coverage to 28 markets, including Seattle, San Jose, Miami and Cleveland. Several other areas of Washington, including Tacoma, Everett, and Yakima now have 4G LTE coverage from Sprint,… Read More

legere

T-Mobile CEO John Legere makes case for wireless merger

Answering questions from reporters Wednesday night in front of an audience of enthusiastic employees and partners, T-Mobile CEO John Legere was careful not to comment specifically on T-Mobile’s widely reported merger talks with Sprint — a deal that would combine the nation’s third- and fourth-largest wireless carriers. However, he promised the cheering crowd, “In anything we do, it will… Read More

Sprint and T-Mobile coverage areas

A T-Mobile and Sprint tie-up will look more pink than yellow

What do you get when you mix the third-and-fourth-largest wireless phone carriers together? You get a combined wireless carrier that serves about 100 million subscribers and a coverage area that nearly blankets the U.S. (It’s closest rivals AT&T and Verizon Wireless are both nationwide and have 100 million subscribers apiece.) In the map below, provided by Mosaik… Read More

sprint-logo

Sprint, T-Mobile reportedly moving closer to $50B merger

Sprint’s merger with T-Mobile is moving closer to reality. Sources tell Bloomberg that Sprint is set to offer 50 percent stock and 50 percent cash for Bellevue-based T-Mobile US as soon as next month in a major deal that would combine the nation’s third and fourth-largest wireless carriers. Bloomberg notes that T-Mobile US parent company Deutsche Telekom… Read More

Masayoshi Son (Photo via Wikipedia)

Sprint chairman hints again at T-Mobile merger plans, praises John Legere

Sprint Chairman Masayoshi Son isn’t giving up on a merger between T-Mobile and Sprint, based on his comments at Re/code’s Code Conference. When asked about Sprint’s lackluster LTE coverage, Son said that both Sprint and T-Mobile are lacking the nationwide spectrum needed to compete. “Neither one of them has a sufficient network today,” he said…. Read More

legere2

T-Mobile adds another 2.4M customers in record quarter, within shouting distance of Sprint

T-Mobile added a net total of 2.4 million customers in the first quarter — the biggest growth in its history — including record expansion of 1.3 million customers in the coveted category of branded postpaid accounts. The continued growth takes the Bellevue-based wireless company to more than 49 million customers overall, up from 34 million a year ago. T-Mobile is… Read More

sprint-logo

Sprint loses 467K subscribers as T-Mobile CEO gloats

Sprint may have posted better-than-expected first quarter earnings today, but the third-largest U.S. wireless carrier is losing customers at an increasing clip. Sprint reported a loss of $151 million (4 cents per share) in Q1 2014, which beat Wall Street’s expectations and was far lower than its $643 million loss at this time last year…. Read More

tmobile

New data: T-Mobile leads Q1 subscriber growth in U.S.

It seems like T-Mobile’s “Uncarrier” moves are continuing to work. According to a report by Consumer Intelligence Research Partners, T-Mobile saw the greatest subscriber growth out of any U.S. carrier during the first quarter of 2014. The Bellevue-based carrier has been working hard to woo new subscribers with a number of competitive moves, and announced in… Read More

verizon

Wireless performance study: Verizon tops the charts, T-Mobile languishes

Planning a cross-country road trip? Verizon’s the best bet for cell phone service. According to new research into wireless network performance released by RootMetrics, Verizon has the best overall service, though AT&T is nipping at its heels. The Seattle-based wireless metrics company tested performance by all four major carriers in every state, driving almost 218,000 miles and… Read More