San Antonio — The Progressive Retailers Organization was at the Westin La Cantera Hill Coun
Bellevue, Wash. — Clearwire postponed today’s shareholder vote on Sprint’s acquisition bid after Sprint raised its bid to quell opposition by some Clearwire shareholder groups.
In a last-minute attempt to ensure the deal goes through, Sprint raised its bid to acquire the approximately 50 percent of Clearwire that it doesn’t own to $3.40 per share, up 14 percent from Sprint’s December 2012 offer of $2.97 per share, or about $2.2 billion.
Dish had previously bid $3.30 per share to acquire all Clearwire stock.
Bellevue, Wash. — T-Mobile USA posted first-quarter net income of $107 million following two consecutive quarters of net losses and gained more net new subscribers in the quarter than it did in all of 2012.
The first-quarter’s net income to $107 million, however, was still 47 percent below that of the year-ago period but better than the fourth quarter’s $8 million net loss and the third quarter’s $7.7 billion net loss, which was due to a one-time $8.1 billion good-will impairment charge triggered by the planned merger of MetroPCS and T-Mobile.
Bellevue, Wash. — T-Mobile USA today added the Blackberry Q10 to its smartphone portfolio.
The Q10 features a QWERTY keyboard and touchscreen. It will be available for pre-order by business customers starting April 29. Pricing and shipping will be shared at a later date, the company said.
New York – Two major MetroPCS shareholders reversed position and announced support for the proposed merger of T-Mobile and MetroPCS after T-Mobile parent Deutsche Telekom revised the merger’s terms.
Richardson, Texas — Regional carrier MetroPCS postponed a shareholder vote on its planned merger with T-Mobile USA to give its shareholders time to digest a sweetened offer from T-Mobile parent Deutsche Telekom.
The vote was rescheduled from this Friday to April 24.
Bellevue, Wash. — T-Mobile will launch its version of the iPhone 5 at a discounted limited-time promotional price.
The carrier previously announced April 12 availability of an unsubsidized no-contract iPhone 5 priced at
$99 down, plus 24 equal monthly payments of $20, for a total price of $579 excluding Simple Choice rate plan.
Bellevue, Wash. — T-Mobile plans to expand its Windows Phone 8 portfolio with the Nokia Lumia 521, which will be exclusive to the carrier and be positioned as an affordable 4G HSPA+21 model.
The device will be available sometime in May at an unannounced price through Walmart, Microsoft stores and other T-Mobile retail channels.
Bellevue, Wash. — T-Mobile USA posted sharp gains in net new subscribers in the first quarter before the launch of its new “un-carrier” strategy.
However, the company said that as in the fourth quarter, the gain came from prepaid branded customers and wholesale customers, the company said in announcing preliminary quarterly results.
Dallas – AT&T priced Samsung’s latest flagship smartphone, the Galaxy S4, at $249 and said it would accept preorders beginning April 16.
The carrier didn’t say when the phone would be available to consumers, but T-Mobile said earlier this week that it would offer the S4 around May 1 for $99 down and 20 payments of $20.
Other U.S. carriers haven’t announced pricing or specific availability dates.
New York — Subsidized cellphones with two-year T-Mobile contracts could be available for some time through indirect retail channels even though the carrier is focusing exclusively on selling no-contract, no-subsidy plans through its own stores.