Blogs

August 9, 2017

Will Sprint and T-Mobile merge this time?

According to the news T-Mobile and Sprint which currently hold #3 and #4 spots in the wireless industry are in talks of merger again. Sprint and T-Mobile tried merging under Obama administration three years ago but it was not successful due to regulations at the time. Softbank CEO, Masayoshi Son who has a majority stake in Sprint has been trying to get a deal for Sprint however he has not been successful. Just last week there were reports of Sprint and Charter communications merger however it was dismissed after Charter’s announcement to decline to merge. If the merger is successful […]
August 1, 2017

Sprint still scrambling for a buyer. Charter declined to merge with Sprint.

Sprint’s Japanese owner Masayoshi Son was hoping that merger between Charter and Sprint will create a new company that will focus on providing both television and wireless as a package for customers. It will help keep Sprint afloat as the 5th largest telecommunication has been struggling to be profitable. But SoftBank CEO and owner of Sprint, Masayoshi Son was disappointed on Sunday after the statement released by Charter that they are not interested in a merger. According to the news, Sprint and T-Mobile tried to merge during Obama administration, but the idea was shot down due to strict regulations. Hope […]
July 28, 2017

webPOS v2 Updates

July 24, 2017

Court Rules Sprint Heavily Overpaid For Clearwire In 2013

A Wilmington, Delaware-based court on Friday ruled that Sprint heavily overpaid for Clearwire Corporation when it acquired the mobile service provider in 2013, clarifying that $5 per share that the telecom giant paid for the company is more than twice of its fair valuation. Vice Chancellor Travis Laster agreed with the now-defunct affiliate’s estimate, according to which the fair price of its stock at the time of their purchase amounted to $2.13 per share, thus marking a significant development in a case initially started by Aurelius Capital Management, a major shareholder of Clearwire that’s been trying to prove the company was severely undervalued by Sprint and its shareholders […]
July 19, 2017

T-Mobile’s biggest problem will be solved soon by addition of Samsung and LG smartphones

T-Mobile has always been criticized for its performance inside buildings, but according to a senior T-Mobile official, this issue would be resolved soon by the addition of 600MHz spectrum. According to the news, T-Mobile will add Samsung and LG phones to its lines up with 600MHz capability. Although not confirmed the expectations are that Samsung Galaxy Note 8 and the LG V30 will be the phones. T-Mobile is expecting to capture a bigger share of the market by this launch in collaboration with Samsung and LG phones offering. T-Mobile has been in the news recently for market expansion and a […]
July 14, 2017

Over 6 million of Verizon Wireless customer data has been affected due security lapse

Verizon wireless recently informed their clients regarding the data security breach that was caused by one of their partner called Nice system. Nice system has been working with Verizon wireless in managing their customer service call reports. Nice uses an Amazon S3 server to store customer information. Customers who have called Verizon wireless in last six months have been affected by this breach. Information compromised by this breach include client name, address, mobile number, account balance, email and their account pin code. Exposed data was found by a security researcher who notified Verizon on June 13th and was secured within […]