Sprint took the long way to get there, but the US carrier now has recovered from years of decline, the company’s overlord said Tuesday. Sprint reported stronger financial results Tuesday, most notably the net addition of 347,000 new customers lured by network improvements and the promise of halved phone bills compared with AT&T and Verizon, …
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Sprint CEO: Customers come for discounts, stay for the network
Sprint’s turnaround is in full swing as the company added hundreds of thousands of new customers in its fiscal second quarter and marked the best customer retention in its history. The company, which released preliminary financial results last week, offered no big surprises when it made public its full financial results on Tuesday. The good news for the quarter is …
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T-Mobile CEO John Legere is excited for AT&T’s takeover of Time Warner. No, really. “It’s clearly very exciting,” he said. “It’s a bold move.” What gets Legere going? The prospect of AT&T customers fleeing to T-Mobile with AT&T distracted by its $85.4 billion acquisition of Time Warner. “I’m looking forward to the donation of customers over the next year,” he …
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AT&T may have overshadowed T-Mobile’s earnings announcement, but the Un-carrier had the last laugh. T-Mobile was forced to reschedule its third-quarter earnings conference call on Monday after AT&T abruptly scheduled its own call to discuss its earnings results, which it released Saturday right after announcing an $85.4 billion deal to acquire Time Warner. But while AT&T promised a revolution in …
Read More »Verizon CEO: We’re not going to start making big media buys
Count Verizon CEO Lowell McAdam among the fans of AT&T’s planned acquisition of Time Warner. “It makes very good sense for AT&T,” McAdam told the Intel Capital Global Summit, of AT&T’s offer for Time Warner is $85.4 billion. Big deals, McAdam told CNET, shake up the status quo and force companies to re-evaluate their positions. That doesn’t mean, however, that …
Read More »Verizon, awaiting wounded Yahoo, faces its own pressures
Is Yahoo the shot in the arm that Verizon needs? That’s a debatable sentiment. In the past few weeks, Yahoo — which Verizon is planning to acquire for $4.8 billion — drew the kind of headlines that make you cringe. It suffered what could be the biggest hack of all time, coughing up the account information of at least 500 …
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T-Mobile has agreed to a $48 million settlement with the Federal Communications Commission for misleading consumers about its “unlimited” data plan. On Wednesday, the FCC said an investigation found the wireless operator didn’t make clear to customers the speed and data restrictions on its unlimited data plan. Specifically, the FCC received complaints from customers who said they were unaware that …
Read More »Samsung Galaxy Note 7 recall: How to return or exchange your faulty phone
Now playing: Watch this: Death of Samsung’s Note 7 leaves unanswered questions 2:15 The Note 7 is no more. Early on Tuesday morning, Samsung announced the company was stopping production of the phone after asking all retail partners to stop selling and exchanging the troubled device. In addition to stopping production and sales, Samsung is asking all Note 7 users …
Read More »Google Project Fi users get discount on new family plans
Google is courting families with a new group offer for its Project Fi wireless service. Starting Tuesday, customers who sign up for the hybrid cellular/Wi-Fi wireless service will be able to add more lines to their account, the company said in a blog post. The new group plan can include up to six people on one plan for an extra …
Read More »Verizon, Sprint join AT&T, T
Now playing: Watch this: Toxic Galaxy Note 7 can’t be trusted, production suspended 1:51 The Note 7 is no longer available from any US carrier. Samsung It’s increasingly difficult to buy even a “safe” Galaxy Note 7. Verizon and Sprint confirmed that they are no longer selling the replacement version of the Note 7, joining AT&T and T-Mobile, which both …
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