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Antonio Villas-Boas/Business Insider With the availability of unlocked devices, it’s easier than ever to switch carriers and get the best “unlimited” data plan that works for you. There are a few things to consider when choosing a carrier and its unlimited data plan, like how carriers interpret the meaning of “unlimited.” For most of them, […]
BI Intelligence This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here. Sprint and T-Mobile officially called off merger talks on Saturday, according to The Wall Street Journal. The third- and fourth-largest US wireless networks said in a joint statement that they couldn’t decide on mutually agreeable terms. The merger would have resulted in […]
BII This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here. T-Mobile boasts more loyal customers than any of the other Big Four telecoms, according to BI Intelligence’s exclusive Digital Telecom Consumer survey. In fact, almost a quarter of T-Mobile’s subscriber base said they wouldn’t switch mobile carriers for […]
SAN FRANCISCO (Reuters) – Sprint Corp and T-Mobile USA Inc said on Saturday that they officially broke off merger negotiations, ending months of back-and-forth talks that would have created the third-biggest U.S. wireless provider. The announcement marks the latest failed attempt to combine the third- and fourth-largest U.S. wireless carriers, as Sprint parent SoftBank Group […]
Reuters/Paulo Whitaker Here is what you need to know. Trump is likely to appoint Jerome Powell as next Fed chairman. President Donald Trump is expected to appoint Jerome Powell, current board governor and a former private equity executive, as Federal Reserve chairman on Thursday, replacing Janet Yellen. A key Republican who helped sink the Obamacare repeal has […]
Sprint and T-Mobile shares sank on Monday after Nikkei reported that SoftBank Group planned to end negotiations on a merger between the two wireless carriers. Trading of Sprint, a subsidiary of SoftBank, was halted for volatility before falling by as much as 13%. SoftBank could approach Deutsche Telekom, T-Mobile’s owner, as early as Tuesday to […]
Steve Marcus/Reuters (Reuters) – T-Mobile US Inc is close to agreeing tentative terms on a deal to merge with peer Sprint Corp, people familiar with the matter said, a major breakthrough in efforts to merge the third and fourth largest U.S. wireless carriers. Japan’s SoftBank Group Corp, which controls Sprint, will own between 40 and […]
Here is what you need to know. China’s bank lending heats up. Chinese banks handed out 1.1 trillion yuan ($ 159.4 billion) in net new loans in April, up from 1.02 trillion yuan in March, data released on Friday by the People’s Bank of China showed. Hong Kong’s GDP crushes expectations. Hong Kong’s economy grew […]
