**Updated 7/12/19 12:01PM** Ting has a new information page up. You can see it here. **Updated 7/11/19 – 7:41 AM** – Ting has posted a transcript which includes clarifying statements from their CEO. You can read it here. —————- So, yesterday, a story was published on how Ting, which bought FreedomPop’s CDMA business, left Sprint and was Read more…
We told you so – kind of. Back on our latest webinar, both NWIDA and WiBoc offered Google as a potential player in the Boost buy. Now, the NY Post (link below) is reporting that Google and Dish are talking. But, according to Google, in the same article, the answer is “No.” The Post article clearly states: Google Read more…
Updating our earlier report, CNBC is reporting that while Dish and T-Mobile are near a deal, there are hurdles to overcome. The DOJ is pushing Deutsche Telekom to give Dish a sweeter deal to ensure they can be an effective fourth player in the wireless industry. The DOJ wants Deutsche Telekom to give Dish unlimited access to Read more…
T-Mobile has reportedly reached a deal with Dish Network that could push the merger with Sprint over the top — but approval from the Department of Justice is still needed, according to published reports. CNBC reported that anonymous sources had said that a deal has been reached between T-Mo and Dish on a purchase of assets, but Read more…
Attorneys General Preparing Merger Lawsuit **Update 6/11/19 1:40pm** Link to AG Press Release —————————— According to a report at TheStreet (link below) a group of 10 U.S. state attorneys general will file a lawsuit to prevent the Sprint / T-Mobile merger. Reuters reported the plans, which could come as early as today, amid an ongoing probe by Read more…
We now have the more detailed report from Bloomberg (link below) As we stated in the first post, among the options being discussed is the separation and potential sale of the prepaid businesses. Other options — such as selling airwave licenses or setting up a new fourth carrier through a network-leasing arrangement — are being discussed but Read more…
Per a report on TheFly, T-Mobile and Sprint are considering different concessions in order to save the merger, including a sale of their prepaid businesses. While the report (link below) is just a snippet at this point, the way it’s worded could mean one prepaid business (Boost?) or multiple, if not all of them. We’ll update as Read more…
The Sprint earnings call took place late yesterday and we have the facts and figures Sprint reported a net loss of $2.2 billion and operating loss of $1.7 billion in its fourth quarter, which ended March 31. The company ended the 2018 fiscal year with a net loss of $1.9 billion and operating income of $397 million. Read more…
Sprint Corporation is expected* to report earnings later today (after market close.) The report will be for the fiscal Quarter ending Mar 2019. According to Zacks Investment Research, based on 14 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.02. The reported EPS for the same quarter last year was $0.02. — NWIDA members, contact Read more…
According to an article in the Kansas City Business Journal (link below). Sprint’s promotions including free cellphone lines and rewards for Sprint Corp.’s sales representatives boosted the image of the wireless carrier’s financial health, making it appear better than reality, The report quotes a report in the Wall Street Journal. Sprint sales representatives were paid commissions based Read more…
I’m Ready to join
