Posts tagged with: million

Rakuten Mobile losses rise to $887 million in Q1

Rakuten Mobile saw operating costs rise higher in the first quarter as the carrier aims to cover 96% of Japan’s population with service by this summer. April marked the one-year anniversary of Rakuten Mobile’s 4G LTE network launch, which touts...

Verizon recalls 2.5 million mobile hotspots flagged as fire hazard

Ellipsis Jetpack mobile hotspot devices sold by Verizon have been recalled after it was determined the lithium-ion battery could overheat, creating a fire and burn hazard. The recall impacts 2.5 million of the devices, imported by Franklin Wireless and sold...

CBRS auction inches toward $600 million after round 8

After eight rounds of bidding, gross proceeds at the FCC auction for Priority Access Licenses (PALs) in the CBRS band inched toward $600 million, with Wednesday morning’s first round adding about $37 million in incremental bids. There are still two...