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Showing posts with label March. Show all posts
Showing posts with label March. Show all posts
Tuesday, January 22, 2013
Wednesday, December 12, 2012
World's largest carrier, China Mobile, to test TD-LTE service in March 2013
China Mobile, the world's largest carrier, is expected to begin testing its TD-LTE service in March, 2013. The carrier's proprietary 3G network is the reason why the Apple iPhone is not offered by the carrier, although that is expected to change once the LTE network is up and running. Last year, the mobile operator said that Apple had already agreed to build a version of its smartphone that will run over the TD-LTE pipeline. The testing of the TD-LTE network will start in Chengdu City, western China, with 1,200 TD-LTE base stations being operational. The trial will increase to 15,000 TD-LTE base stations in 21 districts in Chengdu. That figure includes 10,000 stations that will be upgraded from the current TS-SCDMA technology.
China Mobile's goal is to test 200,000 TD-LTE base stations throughout the country by the end of next year. Initial speeds will reach an average of 40Mbps downloading and 18Mbps uploading. While China Mobile cannot yet carry the Apple iPhone, China Telecom and China Unicom can and the Apple iPhone 5 is expected to be launched on Friday from the two carriers.
source: Digitimes
Saturday, November 17, 2012
MetroPCS expects stockholders to approve T-Mobile deal at meeting in February or March
MetroPCS CFO Braxton Carter told a Morgan Stanley investor conference on Friday that the company had spoken with several other potential suitors, but is now firmly 100% behind the deal it has inked with T-Mobile.The combination of the nation's fourth and fifth largest carriers should strengthen T-Mobile and make them a more viable challenger in the industry. Carter also said that the combined company will outperform some of its earlier estimates for profit margins thanks to savings between the two firms and MetroPCS' expansion into new parts of the country. Carter added that he believes that MetroPCS shareholders, who by law need to approve the deal, are behind the acquisition. Both firms filed proxy statements with the SEC on Friday to get the votes of their respective shareholders on the deal. MetroPCS is expected to hold its shareholder vote for February or March.
Last year, Sprint and its CEO Dan Hesse were said to have agreed on an $8 billion buy out of MetroPCS only to have Sprint's board reject the deal. Both T-Mobile and MetroPCS' boards have agreed to the current acquisition leaving stockholders and regulators left to sign off on the deal.
source: Reuters
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