Just a few days after it announced its sale to Softbank, Sprint has acquired Clearwire, reports DealBook's Michael J. De La Merced, which will help it grow its currently not very impressive LTE network.
Most of the $20.1 billion the Softbank paid to buy a 70 percent stake in Sprint will go to shareholders, but a least a little bit of it will get invested in the company's 4G LTE network.
In addition to the subsidies carriers have tacked on to upgrades, the wireless carriers are hoping that the faster 4G LTE, which many expect the iPhone to run on, will make them more money, too.
We have reached the end of the end of unlimited data, with Verizon CFO Fran Shammo announcing that the grandfathered in unlimited 3G data holders will have to relenquish their wealth of data when they migrate over to the 4G network.
Sprint is only recognizing one town in America as having their full 4G LTE cellular service, and it has a population just over 25,000 and is located about an hour south of Chicago. Meet the extremely fortunate town of Kankakee, Illinois.
Future iPad owners are all excited because the LTE network promises faster data speeds without battery compromises -- or, so said Apple during the product unveiling. But before going out and buying Apple's 4G LTE iPad, users should understand that 4G LTE is more of a work in progress than a fully realized super-fast wonderful data reality
While everyone's busy freaking out over how the new iPad would eat away data plans in seconds playing videos, they should really be freaking out about how that 4G LTE won't support the video the first place.
Beyond an icon change, what does the recent AT&T iPhone 4G upgrade mean in the performance department?
This morning Verizon reported a fourth quarter loss of $2.02 billion, or 71 cents per share and even though it doubled iPhone sales over the holiday season to 4.2 million, the loss had a lot to do with those very sales
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