Pantech Hopes Debt Restructuring Gives It More Time
Pantech has reached out to its creditors in hopes that they'll allow the ailing firm to restructure its debt. At the moment, Pantech owes creditors more than the entire market capitalization of the company. "Through this [debt] workout, we expect to improve Pantech's financial status and secure a stable flow of liquidity," said Pantech. Pantech's creditors haven't yet agreed to the proposition. Pantech announced reorganization plans last September. It furloughed hundreds of employees, and is no longer selling phones outside of its home market. The last device Pantech brought to the U.S. was the Breeze IV for AT&T.
Google’s Pixel 3 may have one of the best cameras on a modern smartphone, but with no wide-angle or telephoto options, it isn’t as flexible as the cameras on competing devices. That’s why Moment has targeted the Pixel with a new case and lens system.
The Samsung Galaxy S10 5G might as well be synonymous with 5G at the moment. Every major US carrier will offer it as one of their first 5G phones.
Apr 1, 2020
T-Mobile has officially completed its merger with Sprint. For the moment, the merger has little effect on customers, but "Sprint" lives only as a brand of T-Mobile, not a separate company.
Jun 26, 2019
The FCC has granted Verizon's request to lock phones that it sells for a period of 60 days from the date they are activated. This type of lock keeps phones from being used on another company's network and was explicitly prohibited by the FCC as a condition of Verizon's license for band 13, the cornerstone of the company's 4G LTE network.