This week I would like to stay on that topic, but attempt to figure out why AT&T ended up paying what it paid to acquire Leap. From a Securities and Exchange Commission filing by Leap released this week, it would appear that
The Federal Communications Commission took a large step to finalizing new leadership as President Barak Obama was set to nominate a Republican Michael O’Rielly as a commissioner, replacing outgoing Republican Commissioner Robert McDowell.
The nomination of O’Rielly is expected to go hand-in-hand with the congressional...
Sprint’s second quarter earnings release this week was a good chance to take a step back from the soap opera that has engulfed the carrier over the past several months related to its ownership structure and witness just how the carrier was handling the...
The European Commission threw water on claims of mobile data superiority claimed by some European operators, noting in a report that three-fourths of the continents population does not have access to LTE services. The EC added that by comparison, more than 90% of consumers...
Nadir Mohamed, CEO of Canadian telecommunications provider Rogers Communications, questioned whether that country can support more than three nationwide operators, something the country’s government is looking to bolster.
Speaking to analysts following the company’s second quarter earnings release, Mohamed called into questions the ability for...
The federal government continues to loosen its grip on wireless spectrum to the benefit of the mobile industry, with the latest move coming from the Department of Defense, which said it would be willing to work on freeing up spectrum in the 1.7/2.1 GHz...
Editor’s Note: The RCR Wireless News Time Machine is a way to take advantage of our extensive history in covering the wireless space to fire up the DeLorean and take a trip back in time to re-visit some of the more interesting headlines from...
The wireless industry’s acceptance of cell signal boosters gained momentum this week as AT&T announced a deal with Nextivity authorizing the use of its Cel-Fi Smart Signal Booster for use across AT&T Mobility’s 2G and HSPA-based 3G networks. The carrier has also received authorization...
The advanced wireless services (1.7/2.1 GHz) spectrum band auction in Peru is scheduled for July 22. ProInversión announced that four carriers have qualified to bid in the auction that will enable LTE deployment in the country. The participating telecom operators are: Telefónica Móviles (Movistar),...
Verizon Wireless set the results bar high for its rivals, announcing second quarter numbers showing continued strong growth in the lucrative postpaid space as well as increased revenues.
Verizon Wireless reported just over 1 million direct net customer additions for the quarter, including 941,000 postpaid...
Canadian wireless operator Telus Mobility is cutting a year from its traditional three-year contract plans, now allowing customers to gain access to postpaid rate plans with a two-year commitment. The three-year plan has been a staple of the Canadian wireless market, used by all...
On Friday, AT&T announced that they were acquiring Leap Wireless for $15 per share in cash. The transaction, including the acquisition of $2.8 billion in net debt as well as proceeds from the
AT&T jumped aggressively into the merger and acquisition frenzy, announcing late Friday plans to acquire Leap Wireless for about $1.2 billion, or $15 per share. Analysts noted that with Leap's substantial debt load the total price is in excess of $4 billion. Leap’s stock...
Editor’s Note: Wireless operators are a busy bunch, and as such RCR Wireless News will attempt to gather some of the important announcements that may slip through the cracks from the world’s largest carriers in a weekly wrap-up. Enjoy!
--The nation’s No. 3 and No....
Fresh off the heels of its acquisition by Softbank and acquisition of Clearwire, Sprint unveiled new rate plans looking to tap into the unlimited everything model embraced by carriers looking to gain a competitive advantage.
The new plans, dubbed My Way and My All-in, include...
Softbank officially closed on its acquisition of a 78% stake in Sprint Nextel, which cost the Japan-based operator $21.6 billion, or just slightly more than originally planned.
Operationally, the closing sees Sprint Nextel change its official name back to Sprint Corp., having changed from that...
Looking to continue push-to-talk communication capabilities between customers across the Western Hemisphere, NII Holdings and Motorola announced a smartphone application that will allow users in the United States with to connect PTT conversations with NII customers across Latin America.
The PRIP application, which is based...
On the heels of a positive vote from Clearwire shareholders, Sprint Nextel announced this morning that it has closed on its acquisition of the remaining stake in the carrier it did not previously own. The deal calls for Sprint Nextel to buy the...
LTE has been in commercial service for a while, which makes it easy to overlook the fact that it’s still a relatively new technology for most device original equipment manufacturers.
Clearwire shareholders voted in favor of the carrier’s acquisition by Sprint Nextel, filling in the final piece of a pending pair of acquisitions that could provide a stronger No. 3 in the domestic wireless market.
Clearwire noted that the required majority of its shareholders not...
The tie up between Softbank, Sprint Nextel and Clearwire inched closer to fruition as late last week the federal government signed off on the deal, while today witnessed financial aspects of the transactions taken care of. Softbank said it expects the deals to be...
U.K.-based wireless operator EE announced plans to commercially launch its “double-speed” LTE service across a dozen markets on July 4. The carrier explained that the offering will provide theoretical download speeds as high as 150 megabits per second, though average speeds will be closer...
Softbank is reportedly close to gaining U.S. government approval for its pending $21.6 billion purchase of a 78% stake in Sprint Nextel, which both companies have said they expect to close by mid-month.
Bloomberg is reporting that the deal has gained approval by two of...
Editor’s Note: The RCR Wireless News Time Machine is a way to take advantage of our extensive history in covering the wireless space to fire up the DeLorean and take a trip back in time to re-visit some of the more interesting headlines from...
