The nation’s internet service providers, both for fixed and mobile services, are beginning to see the economic impacts from their pledge to not disconnect customers during the COVID-19 crisis.
T-Mobile added 452,000 branded postpaid phone subscriptions in the first quarter of 2020. Total branded postpaid net additions were 777,000 in the first quarter. Prepaid net losses were 128,000, yielding 649,000 total branded net adds for the quarter. Adjusted EBITDA hit an all-time record high of $3.7 billion, up 12% year-over-year despite the environment created by COVID-19. Free cash flow, excluding payments for merger-related costs, was $893 million, up 37% year-over-year.
With millions of employees now working from home due to COVID-19, asymmetric broadband offerings are a chokepoint for some business applications. Shrihari Pandit, the CEO of Stealth Communications, said that in addition to slower upstream speeds on DSL or cable broadband services, work from home (WFH) efforts have also been hampered by multiple users in a household using a single broadband connection for gaming, video streaming, video conferencing and remote learning. "What we've seen is some difficulty in terms of making that successful.
Alphabet-owned Loon will be able to respond more quickly and effectively to disasters worldwide thanks to a new partnership with AT&T. Under the deal, Loon has integrated its system with AT&T’s network, which happens to be pretty big since it has roaming partners around the world.
A new coalition, backed by a wide range of players in the mobile ecosystem --, including U.S. operators AT&T and Verizon -- has formed to advocate for government policy that helps drive open radio access network (RAN) adoption to fund research and development of open and interoperable 5G networks. Executive director for the 31-member Open RAN Policy Coalition, launched today, is former Acting Administrator of the National Telecommunications and Information Administration Diane Rinaldo.