Blogs

June 20, 2017

Moody’s: Possible Sprint/T-Mobile Hookup Could Mean $3B in Savings

But credit agency says any deal could take 3-5 years to complete  Moody’s: Possible Sprint/T-Mobile Hookup Could Mean $3B in .., http://www.multichannel.com/news/finance/moody-s-possible-sprintt-mobile-hookup- (accessed June 20, 2017). The much speculated merger of No. 3 and No. 4 wireless companies T-Mobile and Sprint could give the combined entity as much as $3 billion in cost synergies but would give competitors ample time to readjust their strategies. T-Mobile and Sprint abandoned an effort to merge in 2014 after it was determined that it would not receive regulatory approval. But talks reportedly started up again last month, in part because of optimism around the new presidential administration is […]
June 21, 2017
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Sprint Expands in Southern California with 78 New Retail Stores Creating More Than 550 Jobs

Sprint continues to expand its presence and investment in Southern California with plans to add more than 550 new jobs and 78 new retail locations throughout the southland by the end of 2017. The new jobs will include a combination of retail, operations and technical experts. Currently, Sprint counts more than 1,400 employees and operates more than 300 branded retail locations throughout the Southern California region. ‘This retail expansion is a big part of our local approach that delivers a world-class experience for our customers, making it easier to take advantage of Sprint’s industry-leading value for unlimited data, talk and text, […]
June 22, 2017
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Sprint tests Massive MIMO with Samsung in South Korea

Like the saying “go big or go home,” Sprint decided to conduct Massive MIMO tests on none other than the busy streets of Suwon, South Korea, and in a twist on the old cliche, it will take those results to its home territory in the U.S. and apply them here. The testing was done with Samsung, which has a big R&D presence in Suwon, so it made sense to do the tests where they had easy access to the engineering team. The tests represented real-world scenarios outdoors, which is different from an earlier demonstration that Sprint did with Nokia at Mobile World […]
June 27, 2017

A Business Collaboration Deal Between Sprint Corp (NYSE:S) And T-Mobile US Inc (NASDAQ:TMUS) Could Make Sprint Formidable

An alliance between Sprint and T-Mobile should, by all means, pose worries to the telecom giant AT&T , and this was said at CNBC on Thursday by the CEO for Sprint, Marcelo Claure. While speaking to some top journalists working with one of the most renowned media house, the top executive said, “We have looked at every other alternative to make sure we are making the right decision. If the government works to allow us to combine, we’ll be No. 3, but we’ll be a formidable competitor, and we’ll continue to disrupt the industry.” The Sprint chief recently attended a meeting at the White […]
July 5, 2017
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Sprint’s desperate search for a merger reduces its negotiation power.

Sprint has been in talks with T-Mobile for a possible merger, but the latest news about Sprint looking to partner up with Cable companies like Comcast or Charter communication signals its desperation. According to recent news Sprint’s Japanese owner, Masayoshi Son is looking for an out and a quick one. Sprint being in fourth place after T-Mobile has been losing money and has been trying different promotions to stay afloat. Wall Street noted that Sprints need for the next-generation network can be satisfied through its merger with any of the giant cable companies. Sprint has been running aggressive promotions to […]
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 […]