T-Mobile has shaken up the wireless market with the launch of its new premium service plan, Go5G Next, positioning itself as a contender in the higher-priced service sector. In a surprising move, the plan’s cost surpasses those of rivals Verizon and AT&T for a single line of service, defying T-Mobile’s historical reputation for affordability.
The uptake of fixed wireless access technology in the US is surging, especially with T-Mobile US and Verizon driving this trend. These telecom behemoths could potentially outstrip their predicted subscriber figures, as suggested by recent data. Both companies registered almost 900,000 customer net additions to their 5G-based fixed wireless services in just the second quarter.
T-Mobile’s fruitful Q2 performance exhibits impressive growth with an increase of 760,000 postpaid phone customers and 509,000 Fixed Wireless Access home Internet customers. On the financial front, a 2.8% YoY service revenue hike pushed their accounts to $15.7 billion, despite a minor 2.6% dip in overall revenue. The telecom giant further asserted its prowess with a record low postpaid churn of 0.77%, prompting an upward revision of its yearly customer addition expectations.
KPN’s acquisition of Youfone expands its customer base, positioning it to potentially overtake T-Mobile Netherlands as the largest mobile operator, while boosting its fiber coverage with Primevest’s Dutch assets. Discuss these market shifts at this year’s Total Telecom Congress.
EU Contemplates 5G Vendor Ban Amid Huawei Funding Debate The European Union is debating whether to ban certain companies from their 5G networks due to security concerns. Huawei, the company most affected by the potential ban, is receiving funding of around €3.89 million from the EU for research in areas like 6G, AI, and cloud computing under the Horizon Europe research program. Horizon Europe is the EU’s main research and innovation initiative, with a proposed budget of €12.8 billion in 2024. The EU is worried about member countries, especially Germany, being slow to restrict the use of “high-risk” vendors. Analysts suggest that stricter measures from Germany would greatly impact Huawei’s presence in Europe. Read the full article European Commission Targets Google’s Adtech Dominance with Statement of Objections The European Commission has raised concerns about Google’s control of the digital advertising ecosystem and issued a Statement of Objections against the tech…
AT&T challenges T-Mobile’s plan to harness SpaceX’s satellite services for improved mobile network coverage, citing potential interference and spectrum allocation violations. This rivalry intensifies the race to offer extensive coverage in hard-to-reach areas.
