The FCC said it requires additional testing of MVNO FreedomPop's iPhone Sleeve, which the company said could "take another couple months and tens of thousands of dollars." As a result, the company is now offering anyone who pre-ordered the company's iPhone Sleeve before February 2012 a FreedomPop Photon mobile hotspot with 2 GB of free data. The company said that "if/when" the iPhone Sleeve does ship, customers will also be eligible to receive a free Sleeve as well.
The following charts the top U.S. wireless carriers in the first quarter of 2013 by subscriber base, according to research firm Strategy Analytics, and includes major metrics--such as churn, ARPU and revenue--of each carrier.
Two leading shareholder advisory firms offered contrasting views on whether Clearwire shareholders should approve Sprint Nextel's $2.97 per share offer, worth around $2.2 billion, to take control of the rest of Clearwire it does not already own. Shareholders are set to vote on the deal May 21.
SoftBank CEO Masayoshi Son said his company's experience deploying TD-LTE in Japan will give it a clear advantage over Dish Network, which is competing with SoftBank to take control of Sprint Nextel. Sprint expects to integrate TD-LTE into its network via its pending acquisition of Clearwire, which is building a TD-LTE network.
Clearwire, facing down angry minority shareholders, urged them approve Sprint Nextel's $2.97 per share offer to take control of the rest of Clearwire it does not already own. Shareholders are set to vote on the deal May 21.
NetZero 4G experienced 28 percent growth in mobile broadband accounts during the first quarter of 2013, reaching 41,000 subscriptions.
SoftBank CEO Masayoshi Son said he does not see a need for Sprint Nextel to raise its $2.97 per share offer to take control of Clearwire, and that Sprint would be happy owning merely 65 percent of the company.
With its fate still uncertain, Clearwire revealed relatively sluggish first-quarter results, which are likely the company's last as an independent entity. The company also said it continues to recommend Sprint Nextel's bid to acquire Clearwire over Verizon Wireless' competing bid to acquire some of Clearwire's spectrum license leases.
MVNO FreedomPop announced it is beginning to move its services onto Sprint Nextel's CDMA EV-DO network, a move that will allow the company sell services nationwide rather than just in Clearwire's WiMAX coverage area. FreedomPop said the first device to make use of Sprint's network will be its new Overdrive Pro mobile hotspot. FreedomPop CEO Stephen Stokols also confirmed to FierceWireless that the company's business model is working, and that FreedomPop is currently "profitable from a gross margin perspective."
Sprint Nextel is shifting its focus to the future and its CDMA and LTE networks as it nears the shutdown of its Nextel iDEN network, scheduled for the middle of the year. As it has in the past several quarters, the company reported relatively strong metrics for its "Sprint platform" (CDMA and LTE) while losing subscribers from its legacy Nextel (iDEN) network.