Sprint No Longer Majority Owner of Clearwire
Sprint today indicated that, thanks to recent equity stakes sold by Clearwire, it no longer owns 54% of the company. Its ownership share has fallen to less than 50%. The change in ownership means Sprint will reclaim its voting rights, which it reduced last year to avoid the potential for a debt risk due to Clearwire's tenuous financial standpoint. Sprint has owned a majority stake of Clearwire for years, and has pumped several billion dollars into the company this year through bond sales.
Sony's 2018 flagship phone, the Xperia XZ2, sees the company catch up to the competition in terms of design and features. It boasts a metal-and-glass chassis, introduces a 2:1 screen, adopts Android 8, pass the best processor, and includes table-stakes tools such as bokeh photography.
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Huawei plans to soldier on in the U.S. market despite recent setbacks.
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The FCC today held a vote on — and gave its blessing to — the proposed merger of T-Mobile and Sprint. The five commissioners voted as expected and/or promised.
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Sprint has joined T-Mobile, Verizon, and AT&T in offering a free service with basic protection against fraud and spam callers. Like the free services already offered by other carriers, Sprint's new Call Screener Basic can block the highest-risk fraud calls, and identify other likely spam calls as they ring.