The FCC today published the results of its 5G mmWave spectrum auction, and the results are a bit different than what some had predicted. Auction 103 saw the FCC offer a total of 3,400 megahertz of spectrum, which is the most spectrum ever offered in an auction. The airwaves up for auction were in the Upper 37GHz, 39GHz, and 47GHz bands. T-Mobile spent … [read full article]
Hot on the heels of California’s Attorney General saying that he won’t appeal the ruling in T-Mobile-Sprint merger lawsuit, some more good news for the merger has come out of California. The California Public Utilities Commission has issued a proposal to approve the merger of T-Mobile and Sprint. The approval comes with “extensive conditions” that aim to mitigate any adverse impacts on competition and to … [read full article]
A major FCC spectrum auction came to an end this week. Auction 103 closed on March 5th, nearly three months after it opened. The auction included a total of 3,400 megahertz of spectrum, which is the most ever offered in an auction. Participants were bidding on millimeter wave spectrum in the upper 37GHz, 39GHz, and 49GHz bands. In total, the auction brought in $7.57 billion. … [read full article]
As expected, the FCC has officially proposed fines against T-Mobile and the other major U.S. carriers over the sale of customer location data. The FCC announced today that T-Mobile, Sprint, AT&T, and Verizon will all face fines for “apparently selling access to their customers’ location information without taking reasonable measures to protect against unauthorized access to that information.” T-Mobile is facing … [read full article]
After the FCC confirmed last month that U.S. wireless carriers broke the law by selling customers’ real-time location data, a new report says that all four major operators will face fines. T-Mobile, AT&T, Sprint, and Verizon are all expected to be hit with fines that could be at least $200 million in total. The fines will be officially … [read full article]
Just as was rumored, T-Mobile and Sprint have now confirmed that they’ve updated their merger agreement. The new agreement includes an exchange ratio of 11.00 Sprint shares for each T-Mobile share, up from the original agreement of 9.75 Sprint shares. SoftBank, Sprint’s owner, has agreed to surrender 48.8 million T-Mobile shares acquired in the merger to the New T-Mobile, making SoftBank’s effective ratio 11.31 shares per T-Mo share. Sprint shareholders … [read full article]
We’ve heard rumblings recently that T-Mobile and Sprint may be working on new terms for their merger, and now it sounds like an updated deal could be close. T-Mobile and Sprint are said to be “close” to agreeing on a new deal and that they’re planning to announce it as soon as today. That’s according to sources speaking to the Wall Street Journal, who caution that the … [read full article]
After coming out on top in J.D. Power’s U.S. Wireless Customer Care report earlier this month, T-Mobile has now finished first in another J.D. Power ranking. J.D. Power today released its 2020 U.S. Wireless Purchase Experience study, and T-Mobile finished first among the postpaid “Full-Service Carriers” with 863 points out of a possible 1,000. T-Mo was also the only carrier to finish above the segment … [read full article]
T-Mobile and Sprint won in the courtroom this week when a judge rejected a state lawsuit that sought to block the carriers’ merger, but their deal isn’t quite done yet. A new report says that before the merger happens, Deutsche Telekom wants to renegotiate the terms of the deal. It’s said that T-Mobile parent company Deutsche Telekom wants a lower price for the deal because Sprint’s … [read full article]
It’s official: T-Mobile and Sprint’s merger has been approved by the judge presiding over a trial involving 14 state attorneys general. In his decision, Judge Victor Marrero said that the merger is not likely to substantially lessen competition like the suing state AGs had claimed it would. The judge also rejected the argument that Sprint would continue to be competitive if the merger were blocked, saying that … [read full article]
