Sprint redacted 230Sprint's latest merger filing has 40 "redactions," holding back some of the most critical information the public needs to judge whether the transaction is in the public interest. Particularly egregious are the redactions of Appendix A & Appendix B. They don't even note the subject. 

The usual reason for the FCC allowing such "highly confidential" treatment is the information would give competitors a significant advantage. I have reviewed some of the 30+ omissions and am confident that in many cases the information would be available to competitors from analysts and common industry sources. Some can be inferred from public Sprint statements.

Sprint's lawyers - Sam Feder, Regina Keeney, & Steve Sunshine - were once senior FCC officials and surely know the requirements. I believe they are all senior partners in important D.C. firms, jobs which probably pay US$5 million per year.  They also know the regulations are almost never enforced, which I believe is a scandal at the FCC.

The filing concludes, "Absent completing its transaction with T-Mobile, Sprint will have limited options, and is likely to be forced down either a repositioning path and/or a restructuring path." Proponents of the merger believe that 3 carriers would be more competitive than 4 and/or the merger will have a major impact on 5G in the U.S. If those arguments are insufficient, likely insolvency might still win approval.  

dave ask

Newsfeed

CFO John Stephens says AT&T is going to cut capex soon.

Bharti in India has lost 45M customers who did not want to pay the minimum US#2/month. It's shutting down 3G to free some spectrum for 4G. It is cutting capex, dangerous when the 12 gigabytes/month of use continues to rise.

Huawei in 6 days sold 300,000 5G Mate 20s. Delivery begins on 8/16. 

China has over 50,000 upgraded base stations and may have more than 200,000 by yearend 2019. The growth is astonishing and about to accelerate. China will have more 5G than North America and Europe combined for several years.

5G phone prices are down to $580 in China from Oppo. Headed under $300 in 2020 and driving demand.

No one believed me when I wrote in May, 90% of Huawei U.S. purchases can be rapidly replaced and that Huawei would survive and thrive. Financial results are in, with 23% growth and increased phone sales. It is spending $17B on research in 2019, up > 10%. 

5G phones spotted from Sharp and Sony

NTT DOCOMO will begin "pre-commercial service Sept 20 with over 100 live bases. Officially, the commercial start is 2020.

 More newsfeed

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Welcome  1,800,000 Koreans bought 5G in the first four months. The demand is there, and most of the technology works. Meanwhile, the hype is unreal. Time for reporting closer to the truth.

The estimates you hear about 5G costs are wildly exaggerated. Verizon is building the most advanced wireless network while reducing capex. Deutsche Telekom and Orange/France Telecom also confirm they won't raise capex.

Massive MIMO in either 4G or "5G" can increase capacity 3X to 7X, including putting 2.3 GHz to 4.2 GHz to use. Carrier Aggregation, 256 QAM, and other tools double and triple that. Verizon sees cost/bit dropping 40% per year.

Cisco & others see traffic growth slowing to 30%/year or less.  I infer overcapacity almost everywhere.  

Believe it or not, 80+% of 5G (mid-band) for several years will be slower than good 4G, which is more developed.