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iPhone pre-orders, SoftBank’s stumble … 5 things to know today

1. Apple shares are up in a declining market this morning after the company said pre-orders for the new iPhones have put Apple on pace to beat last year’s record breaking weekend. The iPhone 6S and 6S Plus go on sale Sept. 25. Apple is saying this may be a bigger first weekend than last fall, when the company sold 10 million iPhones in just a few days.

2. Shares of Sprint parent company SoftBank sold off sharply today after some potential bad news for the Japanese carriers. The Japanese prime minister is calling for lower mobile phone bills. SoftBank shares were down more than 5%, but the fact the company is very diversified seems to have supported the stock. SoftBank competitors NTT DoCoMo and KDDI both lost more than 8%.

3. Don’t look for AT&T Mobility to follow Verizon Wireless into “5G” field trials any time soon. AT&T Mobility CEO Glenn Lurie told CNet it’s too soon to promise customers 5G service because the standards are not even defined yet. Verizon Wireless said last week that it will start field trials next year, with a limited commercial launch planned for 2017.

4. Two years after signing a core network contract with Telus, Ericsson says the Canadian operator has completed its first trial of Ericsson MediaFirst. MediaFirst is software that combines the depth of pay-TV with the flexibility of IP video services delivered to mobile devices. The service targets operators like Telus, AT&T and Verizon that hope to combine mobile service with other media offerings.

5. Zayo, CityFibre, EuNetworks and Virgin Media are teaming up to form an infrastructure investors group in the U.K. The companies said they have plans to invest billions of pounds in U.K.

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ABOUT AUTHOR

Martha DeGrasse
Martha DeGrassehttp://www.nbreports.com
Martha DeGrasse is the publisher of Network Builder Reports (nbreports.com). At RCR, Martha authored more than 20 in-depth feature reports and more than 2,400 news articles. She also created the Mobile Minute and the 5 Things to Know Today series. Prior to joining RCR Wireless News, Martha produced business and technology news for CNN and Dow Jones in New York and managed the online editorial group at Hoover’s Online before taking a number of years off to be at home when her children were young. Martha is the board president of Austin's Trinity Center and is a member of the Women's Wireless Leadership Forum.