SoftBank Corp. President Masayoshi Son, drumming up support for the idea of merging his Sprint Corp. with T-Mobile US Inc., said he can give U.S. Internet users a new option with lower prices and faster speeds.
SoftBank Corp. President Masayoshi Son is reframing his argument for consolidation in the U.S. mobile-phone market, heading to Washington this week to advocate for wireless broadband as an alternative to cable.
Facebook Inc.’s $19 billion purchase of mobile-messaging startup WhatsApp Inc. is a stark reminder of how much money phone carriers are losing out on as competitors let users text and chat at no charge.
When AT&T Inc. halted unlimited wireless data plans this month, the company said 98 percent of smartphone users would save money with its new pricing. The savings may vanish for half its users by 2013, one analyst said.
AT&T Inc.’s $1.2 billion deal to buy Leap Wireless International Inc. adds pressure on smaller competitors such as Sprint Corp. and Dish Network Corp. to bulk up through mergers and acquisitions of their own.
AT&T Inc., looking to fuel growth by expanding into the auto industry, is introducing a package of services and products that will let carmakers run diagnostics, sell applications and bill consumers wirelessly.
Traders see growing risk in the debt of U.S. Cellular Corp., whose ability to compete with AT&T Inc. and Verizon Communications Inc. is hampered by the costs of subsidizing the pricier smartphones sought by consumers.