Just ahead of releasing its latest quarterly results, Sprint revamps its leadership
In a strange move just hours ahead of its latest quarterly results, Sprint announced a major revamp of its leadership, including a new CFO, COO and CTO.
Current CFO Joseph Euteneuer is set to...
Investors warm to T-Mobile US’ positive financials with stock price up in early trading
T-Mobile US’ strong customer growth has not come without a bit of financial strain, although the carrier’s most recent quarter showed it was posting numbers ahead of some expectations.
T-Mobile US reported...
Ntelos reported strong western market growth, with financials in line with estimates
A recent shift in market focus looks to be paying off for regional telecom operator Ntelos, which reported second-quarter results slightly ahead of expectations.
Late last year Ntelos announced plans to sell off spectrum...
Verizon: On Edge
Verizon led off the earnings parade last week, and the headline was their anticipated growth rate (3%) compared to their previously stated growth rate (4%). The primary reason cited by Fran Shammo, Verizon’s CFO, was the Edge take rate:
"Some of the other...
Sprint stock dives to a new 52-week low, Sprint denies hack responsibility
Sprint continued to suffer a rough ride on Wall Street as the beleaguered telecom operator witnessed its stock price dip nearly 10% on Monday after having dropped nearly 11% last week.
Sprint’s stock closed...
Robust tablet, connected-device growth counter phone defections
Tablets and connected devices continue to lead AT&T Mobility’s growth, with the mobile operator posting strong net additions across those two segments, but lost a quarter-million lucrative traditional phone customers.
AT&T reported that its mobile unit posted a robust...
Verizon Wireless reported a slowdown in Q2 customer growth, though a lessening impact from T-Mobile US
Continued strong results from at least one rival seemed to have impacted Verizon Wireless' second-quarter results, though the carrier did surpass some expectations.
Verizon Wireless said it added just over...
Intel’s solid second quarter results topped analysts’ estimates and led to at least two upgrades and a price target increase.
Late Wednesday, the Santa Clara, Calif.,-based chipmaker notched stronger revenue for its data center, "Internet of Things" and flash memory businesses. Those results offset sluggish...
Sprint’s stock hits new 52-week low as analysts cite ‘severe financial distress’
Sprint may be showing some improved operational trends, but investor concern over the carrier’s performance trajectory has tanked its share price.
Sprint’s stock price (S) has plunged more than 12% since last Wednesday, hitting...
T-Mobile US said it added 2.1M net adds during Q2, setting the bar for rivals and staking its claim for No. 3 ahead of Sprint
T-Mobile US set the bar for second-quarter results announcing it added nearly 2.1 million connections to its network during the...
Editor’s Note: RCR Wireless News goes all in for “Throwback Thursdays,” tapping into our archives to resuscitate the top headlines from the past. Fire up the time machine, put on the sepia-tinted shades, set the date for #TBT and enjoy the memories!
Sprint encouraged...
Defining unlimited; and T-Mobile US in the driver's seat
Last week, the Federal Communications Commission voted 3-2 to fine AT&T Mobility $100 million for allegedly misleading customers about unlimited data plans. Despite many news outlets calling this the first of many “net neutrality fines,” the...
Sprint seeks FCC approval to shutter consumer wireline biz by Sept. 17
Sprint is looking to drop its consumer wireline business and some associated services by Sept. 19 due to “changing market conditions.”
In a filing with the Federal Communications Commission, Sprint noted that it stopped...
Hello! And welcome to our Friday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
DT CEO said it’s a company ‘duty’ to seek partner for T-Mobile US
T-Mobile US parent company Deutsche Telekom continues to look for outside investors in the U.S. carrier, with DT CEO Tim Hoettges stating that despite improved performance it is open to partnerships though...
Hello! And welcome to our Friday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
Ntelos reports steep customer defections, improved financials as it exits markets
Ntelos’ recently refocused operating efforts showed in its recently released first-quarter results where a dramatic decrease in its customer base was offset by an improved bottom line.
The regional carrier said it lost 34,200 customers...
U.S. Cellular posted improved churn that offset lower gross additions
U.S. Cellular continued to show its ability to grow its customers despite an increasingly competitive environment, results boosted by lower churn.
The regional carrier said it added 21,000 net customers during the first quarter of the...
Prepaid, tablets and resale helped Sprint maintain its No. 3 position in the market
Thanks to strong prepaid, postpaid tablets and its resale business, Sprint managed to stave off rival T-Mobile US for at least one more quarter in keeping its No. 3 position in...
This week, on top of earnings news we had a number of announcements across the industry. Comcast announced it would be launching 2-gigabit-per-second service to 200,000 homes in Chattanooga, Tenn. This news item would have minimal impact except for the fact that Chattanooga has...
Verizon Wireless prepaid customers can snag 1 GB of extra data
Verizon Wireless is looking to attract prepaid customers to its automatic payment program by offering extra data access.
The carrier said that for a “limited time” prepaid customers signing up for its auto pay service...
Hello! And welcome to our Friday column, Worst of the Week. There’s a lot of nutty stuff that goes on in this industry, so this column is a chance for us at RCRWireless.com to rant and rave about whatever rubs us the wrong way....
Sprint offers service discount, free LG G Pad
Sprint is looking to encourage the uptake of tablet devices, announcing a deep discount on tablet data plans connected with a smartphone rate plan.
Sprint said customers can receive a 50% discount on monthly tablet data plans for...
T-Mobile US growth results down from last year, but still trumps rivals
Unless Sprint pulls something out of its hat when it reports quarterly results next week, T-Mobile US can now officially call itself the nation’s No. 3 mobile operator in terms of customer base.
That...