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It's not clear why the board demurred, Faber said, adding that Sprint CEO Dan Hesse had endorsed the plan and that regulatory concerns were apparently not the reason. A deal would have brought Sprint more spectrum, along with Metro PCS' 9.3 million subscribers. However, as The Verge's Chris Ziegler points out, much of MetroPCS's spectrum is in the AWS band, which Sprint doesn't currently use--making integration that much trickier. Sprint plans to launch its 4G LTE service, part of its Network Vision upgrade plan, in 10 markets by the first half of the year. It's playing catch-up with Verizon Wireless and AT&T, which are well under way with their own LTE deployments.
Hesse said in January that Sprint has enough spectrum by itself to last through 2014, but that with network-building partner Clearwire's spectrum, the company could last until 2016, or longer if Clearwire gets additional funding to expand beyond its existing territory, Clearwire, however, has been having funding troubles recently, Agreement had been endorsed by Sprint CEO Dan Hesse but was nixed by board just hours before it was a sunshine state iphone case done deal, reports CNBC, Sprint was just hours away from acquiring Metro PCS in an $8 billion deal when Sprint's board nixed the agreement, CNBC is reporting..
Citing unnamed sources, CNBC's David Faber said the two companies had been working on the plan for months and that a deal was expected to be announced after Sprint's board met late Wednesday. Metro PCS shareholders would have received Sprint shares and some cash, amounting to ownership of about a third of the combined company, Faber said. Be respectful, keep it civil and stay on topic. We delete comments that violate our policy, which we encourage you to read. Discussion threads can be closed at any time at our discretion.
Spaccarelli made the claim that AT&T purposely slowed down data speeds, despite the fact that he was subscribed to an "unlimited data" plan, This slowdown came after he had used 1.5GB to 2GB of data inside of one billing cycle, he told the court, The payout represents 10 months of data on the carrier for the remaining portion of Spaccarelli's contract, the AP said, In July AT&T announced plans to throttle, or cut back the speed on, data use by what it said were some of the heaviest users of its "unlimited sunshine state iphone case data" plan, According to AT&T at the time, that consisted of only 5 percent of customers subscribed to the plan..
AT&T put that stipulation into effect in October, without clarifying where the threshold was for when throttling began, which is between 1.5GB to 2GB of data based on texts to affected users from the carrier. AT&T has since moved to separate, tiered plans for smartphones, tablets, and other "Internet devices" that break down data into 300MB, 3GB, and 5GB packages. Those on the unlimited data plan, which the company now offers only on "standard" or "feature" phones, need to upgrade to the top-of-the-line plan if they intend to tether to another device.
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