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5g Network

All articles tagged with #5g network

business5 months ago

AST SpaceMobile's Stock Soars Amid Satellite Launch Plans and Space Race Competition

AST SpaceMobile's stock surged 18% after announcing a fully funded plan to deploy 45-60 satellites by 2026 to build a global cellular broadband network, challenging SpaceX's Starlink and other competitors. Despite delays and limited current revenue, the company plans regular satellite launches in 2025-2026, with significant potential from government and commercial contracts, aiming to deliver 5G coverage worldwide.

via Barron's|
#5g-network#ast-spacemobile#business
mobile-news1 year ago

T-Mobile Acquires U.S. Cellular in $4.4 Billion Deal

T-Mobile is acquiring US Cellular for $4.4 billion, including taking over its wireless customers, stores, and 30% of its spectrum assets. The deal aims to enhance T-Mobile's rural coverage and 5G network. Existing US Cellular customers can stay on their current plans or switch to T-Mobile plans with no cost. The acquisition is expected to close by mid-2025, pending regulatory approval.

via Digital Trends|
#5g-network#acquisition#mobile-news
business1 year ago

T-Mobile Acquires Majority of U.S. Cellular for $4.4 Billion

T-Mobile is acquiring U.S. Cellular’s wireless operations and certain spectrum assets in a $4.4 billion deal, adding over 4 million new customers and expanding its spectrum portfolio. The acquisition, expected to close in mid-2025, will enhance T-Mobile's coverage and capacity, particularly benefiting rural areas. U.S. Cellular customers will gain access to T-Mobile's 5G network and can switch to T-Mobile plans without incurring costs. The deal signals potential further consolidation in the telecommunications industry.

via The Associated Press|
#5g-network#acquisition#business
technology1 year ago

AT&T Offers Billing Credits for Outage Impact, Solar Flares Erupt

AT&T will provide billing credits to consumers affected by a recent wireless outage that lasted over 10 hours, impacting its 5G network covering around 290 million people in the U.S. The company attributed the disruption to an incorrect network expansion process and is working to prevent similar incidents in the future. The Federal Communications Commission is investigating the outage, and the U.S. Cybersecurity and Infrastructure Security Agency is collaborating with AT&T to determine the cause. This incident follows a $19.5 million settlement in 2021 for a T-Mobile outage that resulted in over 20,000 failed 911 emergency calls.

via Reuters|
#5g-network#atandt#billing-credits
finance1 year ago

"Nokia Stock Surges on $653 Million Share Buyback Program Despite Earnings Miss"

Nokia's stock surged 12.6% after the company reported fourth-quarter earnings, despite a 21% drop in net sales and lower-than-expected earnings. The positive outlook on a leaner operating model and improving market conditions, along with increased operating margins and higher profit results, contributed to the stock's jump. The company's management also reported a significant improvement in order intake, particularly in Network Infrastructure, suggesting a more stable future. While there are still hurdles to overcome, such as difficulties exporting European communications infrastructure into China, the company's comments suggest a potential resurgence in 5G network upgrades in 2024, which could lead to robust growth in the wireless infrastructure sector.

via Yahoo Finance|
#5g-network#earnings-report#finance
business-and-finance2 years ago

"Dish Network and EchoStar Reunite in Strategic Merger to Bolster Ergen's 5G Ambitions"

Dish Network Corp. has merged with EchoStar Corp., consolidating Charlie Ergen's satellite businesses and providing Dish with additional resources to expand its 5G network and transition from its declining pay-TV model. The merger, which closed on December 31, allows Dish to access EchoStar's cash reserves and free cash flow, aiding in the build-out of its wireless services and addressing its significant debt obligations. Despite the merger, Dish faces challenges in competing with established wireless carriers. The deal passed with minimal federal scrutiny as both companies were already under Ergen's leadership.

via Yahoo Finance|
#5g-network#business-and-finance#charlie-ergen
technology2 years ago

"AT&T's 5G Network Speeds Up in Select Markets, T-Mobile and Verizon Follow Suit"

AT&T has completed the upgrade of its 5G network in the greater Houston area, utilizing the C-band spectrum it acquired in 2021. The company has been able to tap into the mid-band spectrum earlier than expected, resulting in increased speeds, better data capacities, and less congestion in several cities, including Austin, Boston, Dallas, Miami, Los Angeles, New York, San Francisco, and Seattle. Over 175 million people now have access to AT&T's mid-band 5G network, and another 290 million have a lower-band 5G connection. Customers with 5G capable phones can connect to the enhanced coverage without upgrading their devices.

via Cord Cutters News|
#5g-network#atandt#c-band-spectrum
technology2 years ago

"Insider Leak: Non-Pro iPhone 16 Models to Feature 120Hz ProMotion Displays"

According to a tipster, the non-Pro models of the iPhone 16 will feature 120Hz ProMotion displays with thinner bezels, while the iPhone 16 Ultra is expected to have three smaller cameras on the back. The source also suggests that U.S. users may have a button to activate mmWave mode for faster 5G connectivity. The chipset for the iPhone 16 Pro and Ultra is rumored to be the A18 Pro, while the iPhone 16 and 16 Plus may have the A17 Pro chip. However, it is still too early for leaks and rumors about the iPhone 16 series to be considered reliable.

via PhoneArena|
#5g-network#apple#cameras
business2 years ago

Verizon's Lower Costs and Surprising Wireless User Growth Boost Profits

Verizon reported better-than-expected quarterly profits due to lower costs and a surprising increase in wireless subscribers, driven by efforts to expand its enterprise customer base and 5G network. The company also announced that it is conducting tests on sites identified in a recent Wall Street Journal report on abandoned lead cables. Verizon's second-quarter results showed signs of recovery after a challenging 2022, with the addition of 8,000 net monthly bill-paying wireless phone subscribers. However, total revenue fell 3.5% to $32.6 billion, missing analysts' estimates.

via Reuters|
#5g-network#business#lead-cables
business2 years ago

Vodafone and Three to Merge, Creating UK's Largest Mobile Network

Vodafone and CK Hutchison have agreed to merge their UK businesses, with Vodafone owning 51% of the combined business and CK Hutchison holding the minority stake. The new company will invest £11 billion in the UK over 10 years to create one of Europe's most advanced standalone 5G networks. The merger is expected to finalize before the end of 2024 and is subject to regulatory and shareholder approvals.

via CNBC|
#5g-network#business#ck-hutchison
technology2 years ago

Germany scrutinizes Chinese 5G components, says interior minister.

Germany's Interior Ministry is examining all Chinese components already installed in the country's 5G network to identify risks, avert dangers, and avoid dependencies. The German government has been considering banning certain components from Chinese companies Huawei and ZTE in its telecoms networks due to concerns that embedding them in the mobile networks of the future could give Chinese spies and even saboteurs access to essential infrastructure.

via Reuters|
#5g-network#china#cybersecurity