Most Read: Business

 Last Update: : AM 04/26/2015(NASDAQ&DJIA)

World Markets from      


Other Market Data from      


Key Rates from      


Blog Contributors

Timothy B. Lee

Timothy B. Lee

Timothy B. Lee covers technology policy, including copyright and patent law, telecom regulation, privacy, and free speech. He also writes about the economics of technology. He has previously written for Ars Technica and Forbes. You can follow him on Twitter or send him email.

Brian Fung

Brian Fung

Brian Fung covers technology for The Washington Post, focusing on electronic privacy, national security, digital politics and the Internet that binds it all together. He was previously the technology correspondent for National Journal and an associate editor at the Atlantic. His writing has also appeared in Foreign Policy, Talking Points Memo, the American Prospect and Nonprofit Quarterly. Follow Brian on Google+ .

Andrea Peterson

Andrea Peterson

Andrea Peterson covers technology policy for The Washington Post, with an emphasis on cybersecurity, consumer privacy, transparency, surveillance and open government. She also delves into the societal impacts of technology access and how innovation is intertwined with cultural development.

Post Tech
About / Where's Post I.T.?   |    Twitter  |   On Facebook  |  RSS RSS Feed  |  E-Mail Cecilia
Posted at 03:50 PM ET, 04/25/2012

The Circuit: AT&T/T-Mobile, Sprint bringing WiMax to prepaid, Spectrum committee

AT&T, T-Mobile transfer approved: The Federal Communications Commission Wednesday approved the transfer of AT&T spectrum to T-Mobile, tying off a loose end to the companies’ failed attempt at a merger. The spectrum was part of the “breakup fee” AT&T was obligated to pay to T-Mobile once the deal fell through.

In a statement, T-Mobile chief technology officer Neville Ray said, “We applaud the FCC for acting swiftly to approve the transfer of these spectrum licenses. Securing this additional spectrum was a key catalyst for our plans to launch LTE in 2013 and is therefore good news for our customers.”

Sprint firing up WiMax for prepaids: In an earnings call Wednesday, Sprint said that it will turn on its 4G WiMax network operating for its prepaid companies — Boost Mobile and Virgin Mobile.

Steve Elfman, Sprint’s president of network operations, said that the change will take place in the next quarter. The switch should provide some relief for the 3G network. Sprint added more prepaid customers — 489,000 net — than contract customers in the last quarter.

Spectrum committee: Reps. Greg Walden (R-Ore.) and Anna Eshoo (D-Calif.) have appointed leaders to a bipartisan Working Group to investigate how best to improve and use federal spectrum.

Reps Brett Guthrie (R-Ky.) and Doris Matsui (D-Calif.) will co-chair the group. Three Republicans and three Democrats round it out.

CISPA cybersecurity: The American Civil Liberties Union said that it does not support a proposed privacy amendment to the Cyber Intelligence Sharing and Protection Act (CISPA), The Hill reported, saying that the proposed changes do not “fix fundamental problems” in the bill.

The Center for Democracy and Technology, another vocal critic of the measure said that while it believes the bill falls short addressing the concern over “use of information for purposes unrelated to cybersecurity,” it will not oppose the bill moving forward in the House.

“We will focus on the amendments and subsequently on the Senate,” the organization said.

Apple earnings: Apple reported first-quarter earnings of $39.2 billion, driven by sales of its iPhone and iPad tablet.

The company sold 35.1 million iPhones in the quarter that ended March 31, beating analyst estimates, and also sold 11.8 million iPad sales, about 1 million short of analysts’ expectations.

Apple shares jumped nearly 9 percent in Wednesday trading after the computer giant announced Tuesday evening that iPhone sales had boosted revenue to $39.2 billion in another blockbuster quarter.

By early afternoon, Apple stock was trading at $611.09 — up 9.05 percent, or $50.72 a share.

By  |  03:50 PM ET, 04/25/2012

Tags:  AT&T

Read what others are saying

    © 2011 The Washington Post Company