 WEEKEND ROUNDUP |
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T-Mobile is scaling back on its 5G buildup ahead of the Sprint merger As T-Mobile waits for a resolution to its pending $26 billion merger with Sprint, it's slowing down plans to build out infrastructure for its 5G network.
Delays in 5G buildup will push back the timeline of rollout to customers, which will save T-Mobile capital in the near term but, ultimately, it won't be able to deliver customers faster data speeds and lower latency in as many areas as competitors.
A slowdown in tower buildup would also impact the firm's supply chain, and send ripple effects across its competitors. If T-Mobile isn't buying cell towers, that will mean less revenue coming into cell tower firms, which are key partners for every network operator.
Business Insider Intelligence's Peter Newman has the full story. |
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| | | It's possible that high loan default rates and the ongoing cost of retaining tech talent will remain consistent problems, or that Marcus will simply be unable to carve out a niche in retail banking against major competitors like JPMorgan Chase and Wells Fargo. Read More → |
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| | | Uber announced a slew of product and service changes that appear aimed at helping it overcome immense scrutiny it's gotten, especially over the last quarter, as the viability of its business model continues to be questioned. Read More → |
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| | | Microsoft announced its reentry into the mobile device market at its Surface hardware event with the surprise announcement of its foldable Surface Duo. Read More → |
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| | | The standard is meant to provide connectivity options in circumstances and use cases where Bluetooth or Wi-Fi don't offer sufficient range, but many devices intended for those use cases don't have the space for a battery to support cellular connections. Read More → |
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| | | UK-based neobank Revolut plans to hire 3,500 new staff members as it aims to expand into 24 new markets. For its expansion plans, Revolut has partnered with Visa, which will power 75% of Revolut's cards moving forward. Read More → |
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| | | Amazon is in talks to bring the autonomous checkout technology that powers its Amazon Go stores, where consumers can grab items and walk out without stopping to physically check out, to third-party merchants for the first time. Read More → |
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| | | A forthcoming iOS update this year will extend an improvement to Siri that tightens its integration with third-party communication apps, according to company sources. Read More → |
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| | | Advancements in technology will lead the banking industry to see a massive reduction in headcount over the next decade, with a projected 200,000 jobs cut, according to Wells Fargo estimates. Read More → |
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| | | While the US' Big Four carriers — Verizon, AT&T, T-Mobile, and Sprint — dominate the wireless market, other players can gain a foothold by targeting niche audiences. Read More → |
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| | | Recent news of how autonomous vehicle (AV) features are performing in real-world settings could set back timelines for scaled, commercial AV launches. Read More → |
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| | | Banking-as-a-Service (BaaS) platforms enable fintechs and other third parties to connect with banks' systems via APIs to build banking offerings on top of the providers' regulated infrastructure. This means banks that launch BaaS platforms can actually benefit from fintechs entering the finance space, as it turns fintechs into customers rather than just competitors. This report looks at the benefits banks stand to gain by offering BaaS platforms, discusses key players in the industry that have already successfully launched BaaS platforms, and recommends strategies for financial institutions looking to move into BaaS. Learn More → |
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