4:45 PM -- The Wall Street Journal is reporting that Sprint Corp. (NYSE: S) has rejected a bid by South Korea's SK Telecom (Nasdaq: SKM) and private-equity firm Providence Equity Partners to invest $5 billion in the company and put in its former chairman, Tim Donahue, as CEO.
Citing unnamed sources, the WSJ says that the consortium proposed the deal before Thanksgiving in a letter.
SK has been rumored to be looking to up its presence in the U.S. for a while now. The carrier pumped $270 million into its struggling virtual network operator venture Helio Inc. (See Wireless Funding Soars in September.)
— Dan Jones, Site Editor, Unstrung
Amazon readies its low-power protocol Sidewalk for long-term IoT and smart home projects.
The iPhone 11 is carrying an ultra wideband (UWB) chip that has its supporters excited about new applications.
The real impact of low-band 5G? It will work better indoors!
Verizon has led the way with early high-band, millimeter-wave 5G, but the carrier faces lots of questions about how it can deploy 5G on low- or mid-band frequencies nationwide next year.
It's the summer of 5G in the US!
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