After a recent update some AT&T phones now have a 5G E icon. This icon replaces the one indicated the phone is running on a 4G network. But here’s the thing: The phone is still on a 4G network. AT&T has played these games before, too.
This nonsense is a marketing ploy by AT&T. The so-called 5G E (5G Evolution) network is just a beefed-up 4G network and not true 5G, which is still far from being ready for general consumption. AT&T used the same deceptive tactics before launching its LTE network.
Right now only select phones in a few markets will see the change. The wireless carrier intends to roll out this madness to even more phones and even more markets throughout the year.
Disclosure: TechCrunch is a Verizon Media company.
AT&T is lying to customers with 5G marketing
It’s been five years since T-Mobile picked up MetroPCS, and now the prepaid service is finally getting a fresh coat of paint. The “PCS” bit is getting the old heave-ho, while the brand’s owners are letting you know who’s boss with the new Metro by T-Mobile brand name.
The new name involves some new plans, along with a couple of perks from key partners. There are two new (pricier) tiers, in addition to the standard ones. The new unlimited plans run $50 and $60 a month, and both include storage via Google One.
That makes the newly rebranded service the first to offer up access to Google’s new storage plan. The cloud deal also offers access to Google Experts, who can help you troubleshoot issues with any Google service.
The $60 a month plan, meanwhile, tosses in Amazon Prime for good measure. That’s not exactly a solid reason to upgrade in and of itself, given that an Amazon Prime plan currently runs $119 a year, but the more premium plan offers 15GB of LTE data for its mobile hotspot versus 5GB.
MetroPCS is now Metro by T-Mobile
Sprint and T-Mobile, after years of going back and forth as to whether they are going to tie up two of the largest telecom providers in the U.S., have announced that the two companies have entered a merger agreement this morning.
The merger will be an all-stock transaction, and will now be subject to regulatory approval. That latter part is going to be its biggest challenge, because it will not only tie up the No. 3 and No. 4 carriers into the U.S. into a single unit, but also that international organizations hold significant stakes in both companies. SoftBank controls a majority of Sprint while Deutsche Telekom controls a significant chunk of T-Mobile. Following the administration’s intervention in the Broadcom-Qualcomm takeover attempt, it isn’t clear what will actually go through in terms of major mergers these days.
Bloomberg is reporting that Deutsche Telekom will have 42% ownership of the combined company, while SoftBank will own around 27% of the company.
As expected, the argument here is for the expansion of 5G networks as plans for that start to ramp up. T-Mobile argues in its announcement that it will help it be competitive with AT&T and Verizon as telecom companies start to roll out a next-generation 5G network, though it does in the end remove a carrier choice for end consumers in the U.S..
“The New T-Mobile will have the network capacity to rapidly create a nationwide 5G network with the breadth and depth needed to enable U.S. firms and entrepreneurs to continue to lead the world in the coming 5G era, as U.S. companies did in 4G,” T-Mobile said in a statement as part of the announcement. “The new company will be able to light up a broad and deep 5G network faster than either company could separately. T-Mobile deployed nationwide LTE twice as fast as Verizon and three times faster than AT&T, and the combined company is positioned to do the same in 5G with deep spectrum assets and network capacity.”
Both companies appeared to be finalizing the deal on Friday, when they set valuation terms and were preparing to announce the merger today. The deal values Sprint at an enterprise value of around $59 billion, with the combined company having an enterprise value of $146 billion. AT&T has a market cap of around $214 billion, while Verizon has a market cap of around $213 billion, as of Sunday.
I’m excited to announce that @TMobile & @Sprinthave reached an agreement to come together to form a new company – a larger, stronger competitor that will be a force for positive change for all US consumers and businesses! Watch this & click through for details.
— John Legere (@JohnLegere) April 29, 2018
The transaction, the companies said, is of course subject to regulatory approval. But, pending approval, it is expected to close “no later than the first half of 2019.”
Disclosure: Verizon is the parent company of Oath, which owns TechCrunch.
T-Mobile and Sprint have finally announced a merger agreement
МТС решила использовать для построения сети LTE традиционный диапазон GSM — 1800 МГц; это позволяет увеличить скорость передачи данных. Примеру конкурента собираются последовать «МегаФон» и «ВымпелКом».
Как сотовые операторы разгонят LTE