Wireless

Softbank CEO Masayoshi Son says his company's $20.1 billion acquisition offer is best for Sprint, even though Dish Nework's bid is higher.

Speaking Tuesday at an event in Tokyo, Son told reporters the LTE network efficiencies that his company can bring to Sprint would dramatically improve the value of Sprint's network to customers. And that's all because of an LTE variant that Softbank already uses, called TD-LTE.

Softbank has been using TD-LTE for quite some time, and as Son points out, it's doing so in Japan "on a large scale."

TD (Time … Read more

Things might finally be looking up for LightSquared, the much ballyhooed wireless startup with big plans to blanket the U.S. with 4G LTE service.

The company, which seemed doomed a year ago after the GPS industry successfully lobbied against its efforts to use 40MHz of unused satellite spectrum for terrestrial wireless broadband, may be getting a second chance after all.

This week the company received approval from the Federal Communications Commission to test the feasibility of sharing spectrum with the federal National Oceanic and Atmospheric Administration (NOAA). If all goes well with the testing, the company could use this … Read more

Intel CEO Paul Otellini is throwing his weight behind SoftBank in the bidding war for Sprint, according to Reuters.

Otellini sent a letter to Federal Communications Commission Chairman Julius Genachowski giving word that he favored SoftBank, a wireless carrier based in Japan, over Dish for the Sprint takeover offer.

Sprint has been in talks with SoftBank since last October regarding a $20.1 billion offer, but as the deal closing has neared Dish came in with a surprise counter offer of $25.5 billion. If Sprint were to accept SoftBank's bid, the deal would close by the beginning of July.… Read more

Verizon Wireless is getting into the cloud business in a big way.

In the coming weeks, Verizon said Tuesday, it will deliver cloud-based storage for smartphones and tablets. The company's customers will receive 500MB of storage at no charge, but can get up to 125GB of storage. Verizon is offering four storage plans to customers:

"The secure storage app gives customers a place to back up and access their information," Verizon public relations manager David Samberg said Tuesday in a … Read more

A year after announcing that it's getting into the home security and remote monitoring business, AT&T is announcing the first markets where the service will be available, plus how much it will cost.

On Friday, AT&T will announce that its Digital Life service is available in 15 markets: Atlanta; Austin, Texas; Boulder, Colo.; Chicago; Dallas; Denver; Houston; Los Angeles; Miami; Philadelphia; Riverside, Calif.; San Francisco; Seattle; St. Louis; and select areas of the New York and New Jersey metropolitan area. The company said the service will be available in up to 50 markets by the … Read more

Could Verizon and Vodafone be getting closer to ending their joint ownership of Verizon's wireless business?

Reuters reported Wednesday that Verizon has hired banking and legal advisers to put together a $100 billion bid for Vodafone's share of Verizon Wireless, the No. 1 wireless carrier in the U.S., and that Verizon's board is expected to discuss details of a potential buyout next week, at a meeting prior to its annual shareholder meeting.

Unnamed sources told the news agency that Verizon is confident it can raise about $50 billion from bank financing and that the rest of … Read more

Consumers watch your wallets. As it gets harder for wireless operators to add new subscribers to their lucrative contract plans, their focus is turning toward getting individual subscribers to spend more each month.

The wireless market is changing, which means mobile operators will no longer be able to rely on adding new high-value contract subscribers to boost their bottom lines. Instead, these companies will need to focus on retaining the customers they have, while encouraging individual subscribers to spend more, Sprint CEO Dan Hesse said Wednesday during the company's first-quarter conference call.

Sprint saw big losses in its contract … Read more

AT&T on Tuesday reported a slight gain in profit amid growth powered by its tablet business.

The Dallas telecommunications provider posted a first-quarter net profit of $3.7 billion, or 67 cents a share. In the year-earlier period, it posted a profit of $3.6 billion, or 60 cents a share. Excluding the impact of the sale of its advertising business and a tax settlement, the carrier reported earnings of 64 cents a share, up from 59 cents a share from a year ago.

Revenue, meanwhile, fell 1.5 percent to $31.4 billion, also affected by loss … Read more

Prepaid carrier Cricket Wireless wants to make sure it doesn't get shut out of the no-contract game.

With T-Mobile making a lot of noise about its no-contract plans, Cricket, a unit of Leap Wireless, is offering a family bundle that includes two smartphone plans for $40 each a month. Individual smartphone plans cost $50 a month. The plans were effective starting yesterday.

In addition, Cricket brought its iPhone plan down to the standard $50 price, which includes unlimited calling, text messages, and 1 gigabyte of full-speed data. A more expensive $60 plan provides 2.5GB of data, while the … Read more