Leap and Pocket Complete JV Launch
Leap Wireless and Pocket Communications today announced that they have closed the formation of a previously announced joint venture in order to expand its coverage in southern Texas. Both companies provide pre-paid wireless services. The joint venture takes control of both Leap's and Pocket's wireless assets and operations in the south Texas region, from San Antonio to Laredo and in the Rio Grande Valley, covering more than 4.4 million points of presence (POPs). Leap will control 76% of the joint venture, and Pocket will control 24%. The companies believe the joint venture will lead to operational cost savings about 12 months after the joint venture launches. Leap has about 5.3 million customers of its Cricket branded services, and Pocket Communications has about 340,000.
Review: LG X venture for AT&T
The LG X venture is a rugged, waterproof handset sold by AT&T. It packs mid-range specs, such as a 5.2-inch display, a Snapdragon 435 processor, and a 16-megapixel camera, into a fairly compact form factor for a hardy handset.
Sprint Takes Control of 100 Stores from Dixons Carphone
Sprint today said it will acquire 100 retail stores that it has operated in partnership with Dixons Carphone since last year. The two companies created a joint venture in February 2016 that relied on retail know-how from Dixons Carphone to sell Sprint goods and services.
Sprint Expands Retail Deal with Dixons Carphone to 500 Stores
Sprint today announced a joint venture between it and Dixons Carphone to open 500 Sprint stores around the U.S. The joint venture follows a pilot program the two companies launched last year that saw them test Dixons' best practices in some 20 Sprint stores.
LG X Venture Delivers Inexpensive, Rugged Performance
LG today announced the X venture, an affordable Android smartphone that can take a beating. The phone has an IP68 rating for protection against water and dust, and a mil-spec 810g rating for durability against drops, bumps, scrapes, and other abuse.
Qualcomm and TDK Partner Up On RF Joint Venture
Qualcomm and TDK today said they've agreed to form a joint venture that will see the companies create RF front-end modules for a wide range of devices. The two companies have created a venture called RF360 Holdings, which will be the legal parent of the new firm.