Sprint Nextel has reached a $1 billion credit agreement to finance equipment purchases from Ericsson. The company announced this credit facility with Deutsche Bank and a syndicate of other banks today.
Tag: News
LG Sells 3 Million LTE Smartphones
LG Electronics have sold three million LTE smartphones globally. LG plans to significantly expand its LTE smartphones availability in 2012 as the number of countries offering LG LTE smartphones to grow from 10 to 20 markets by the end of the year.
T-Mobile Hungary to Extend LTE Coverage This Summer
Magyar Telekom’s T-Mobile unit plans to extend the LTE service coverage to suburban parts of Budapest and several country towns this summer. According to the operator, currently it’s 4G LTE service is available outdoors for 90% of the population in Budapest and indoors for 73%.
ZTE Completes FDD/TDD LTE PS Handover Test
ZTE has announced the completion of FDD/TDD LTE PS handover test that provides the foundation for seamless communications between different LTE modes.
Bharti Acquires 49% Interest in Qualcomm India BWA Venture
Bharti Airtel and Qualcomm have signed an agreement for Bharti to acquire an interest in Qualcomm Asia Pacific’s Indian venture. Qualcomm holds BWA licenses in Delhi, Mumbai, Haryana and Kerala.
ZTE Gets LTE Network Expansion Contract From CSL
ZTE has signed an LTE network expansion contract with Hong Kong’s mobile operator CSL. As part of the contract, ZTE will provide an extensive network of new base stations for CSL. In addition, ZTE will deploy its newest Uni-RAN-based, LTE-A-scalable R8884 base station for the first time.
MTC Launches 4G LTE Service in Namibia
Namibia’s network operator Mobile Telecommunications Limited (MTC) has commercially launched its LTE network. According to MTC, it has significant LTE coverage in Windhoek, the capital city of Namibia and expects to cover the whole of Windhoek with 4G LTE by the end of July 2012 .
Verizon Adds 28 New LTE Markets and Expands in 11
Verizon Wireless’ LTE network is now available in 28 new markets and operator has expanded the network in 11 additional markets today. According to Verizon, with the new and expanded markets, Its LTE network is available in 258 markets across the United States, covering more than two-thirds of the U.S. population.
Yota Switches on LTE Network in Moscow, Sochi
Russian operator Yota (Scartel) has switched on commercial LTE network in Moscow last week. At the same time operator switched off WiMax network in capital, reports RIA Novosti. Operator also launched its LTE network in Sochi in same week. Yota now plans to activate LTE network in Samara on May 23.
Alcatel-Lucent, Cassidian Integrate LTE with Professional Mobile Radio in 400 MHz
Alcatel-Lucent and Cassidian, an EADS company, have launched a new solution called ‘Evercor’ to enhance safety and operations for public safety agencies, energy and transport companies. According to Alcatel-Lucent, it enables the use of video, data and other media to improve the way the security professionals serve and protect their communities.