Apple Inc. (NASDAQ:AAPL) is planning to start an iPhone trade-in program by the end of this month, people familiar with the plans told Peter Burrows of Bloomberg. Apple Inc. (NASDAQ:AAPL) will entice users in the United States to upgrade to iPhone 5. Burrows said the iPhone maker expects to boost sales of iPhone 5, and sell older models overseas to expand business at the same time. Apple Inc. (NASDAQ:AAPL) has partnered with Brightstar Corporation to handle the exchange...
Read More »
Consumers interested in the BlackBerry Q10 from Research In Motion Ltd (NASDAQ:BBRY) (TSE:BB) will now be able to purchase the device at T-Mobile stores and through the T-Mobile.com website starting June 5. BlackBerry Q10 on T-Mobile Announcement: Based on the announcement of T MOBILE US INC (NYSE:TMUS), the BlackBerry Q10 is the latest 4G LTE device carried by T-Mobile for $99. The company said well-qualified buyers may obtain the device with 24 monthly equal...
Read More »
T-Mobile is using the Mother’s Day holiday to promote the iPhone 5. The popular carrier will offer both new and existing customers the opportunity to trade the iPhone 4 or iPhone 4S for a brand new iPhone 5 at $0 down. All that’s required is that the phones are usable and work. The devices should be able to power on and have no signs of physical damage like cracked screens or liquid damage. On...
Read More »
T-Mobile USA, Inc. (TMUS) will launch the Nokia Corporation (ADR) (NYSE:NOK) Lumia 521 in stores on May 22nd. For those who don’t want to wait, they can stop by at Wal-Mart Stores, Inc. (NYSE:WMT) and purchase the phone for $130 which is full retail price. When the phone finally comes to T-Mobile, you can put a down payment of $30 down and $5 every month for the next two years. The Lumia 521 features a four-inch...
Read More »
T MOBILE US INC (NYSE:TMUS) has sold 500,000 iPhones within the first quarter of 2013. The company’s new “un-carrier” strategy is boosting the company’s profits but not as much as the new iPhone 5 has. The company has added 579,000 new customers and an estimated 500,000 iPhones. The percentage of new customers wasn’t disclosed. T MOBILE US INC (NYSE:TMUS) also lost 199,000 postpaid customers. That’s a significant improvement by 61 percent from last year, and they gained...
Read More »
T-Mobile USA has officially completed its merger with MetroPCS Communications Inc (NYSE:PCS). The newly formed company will retain the name of T-Mobile US Inc. and will be based in Bellevue, Washington. It debuts today on the New York Stock Exchange under the ticker TMUS. T-Mobile USA Inc.’s parent Deutsche Telekom AG (FRA:DTE) (PINK:DTEGY) (ETR:DTE) received 74% stake in the enlarged entity, while MetroPCS Communications Inc (NYSE:PCS) shareholders received the remaining stake plus $4.06 per share in cash....
Read More »
Lazard Ltd (NYSE:LAZ) (FRA:LBJ) reported a drop in its first-quarter profit by 40 percent, pushing overall results well below Street expectations. The result reflected the quarter-over-quarter volatility inherent in the financial advisory business. The midsize investment bank was hit by a slump in fees in a subdued merger and acquisitions market. However on the positive side, record asset under management helped post a double-digit y/y management fee growth and management’s current restructuring effort appears...
Read More »
Apple Inc. (NASDAQ:AAPL) is still seeing its iPhone sales grow at the three largest carriers in the U.S. Analysts at Raymond James aggregated the iPhone sales data from Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T) and Sprint Nextel Corporation (NYSE:S). They found that the iPhone is still taking shares year over year at two of the three carriers—Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). They noted that the iPhone had an 80 percent share...
Read More »
T-Mobile had ambitious internal goals last weekend according to the company’s Chief Marketing Officer Mike Siebert, but it beat them allowing the executive to claim that it was “one of its biggest weekends in the history of the company.” Apple Inc. (NASDAQ:AAPL)’s smartphone, the iPhone 5, drove the huge numbers according to the company. T-Mobile, which is owned by Deutsche Telekom AG (FRA:DTE) (PINK:DTEGY) (ETR:DTE), has recently started a new campaign that differentiates it...
Read More »
MetroPCS Communications Inc (NYSE:PCS) shares fell by more than 2 percent today after the company’s board recommended a merger deal that would see the company become part of the Deutsche Telekom AG (FRA:DTE) (PINK:DTEGY) (ETR:DTE) family. The merger was unanimously supported by the board who recommended that shareholders vote in favor of the deal. The story is just part of the slew of M&A activity in the wireless market today. Earlier it was revealed...
Read More »
Today is the day T-Mobile starts selling the iPhone 5 for the incredible price of $99.00 with two-year plans of monthly $20 payments. The new Uncarrier plans allow people to pay for the phone for a low price on a monthly basis along with low monthly service payments. As expected, there are long lines of people who are waiting to purchase the phone today. Walter Piecyk (analyst for BTIG) tweeted a photo of one...
Read More »
