In an era of increasing foreign investment in the United States, few have been as acquisitive -- or disruptive -- as Masayoshi Son, the billionaire Japanese founder of SoftBank. With his $98 billion Vision Fund, he has barged into Silicon Valley, paying top dollar for big stakes in the ride-sharing giant Uber and the office-space company WeWork. He has also muscled onto Wall Street's turf with his launch of a private equity firm that hopes to rival the titans Blackstone and K.K.R. In the United States, his highest profile wager has been his majority ownership of Sprint, the nation's fourth-largest wireless provider. Ever since that 2012 acquisition, Mr. Son has vowed to take on AT&T and Verizon, the leading United States mobile companies.
A woman using a cell phone walks past T-Mobile and Sprint stores in 2010. A woman using a cell phone walks past T-Mobile and Sprint stores in 2010. In a jointly-issued statement, the third (T-Mobile) and fourth (Sprint) largest wireless carriers in the U.S. explained that they were unable to reach an agreement on the terms of a deal. "The prospect of combining with Sprint has been compelling for a variety of reasons," said T-Mobile's President and CEO John Legere in a statement. But, he continued, "we have been clear all along that a deal with anyone will have to result in superior long-term value for T-Mobile's shareholders compared to our outstanding stand-alone performance and track record." T-Mobile has seen growth in customer numbers in recent years, which many view as a reward for pioneering more customer-friendly options such as dropping two-year contracts, the AP reports.
T-Mobile has its T-Mobile Tuesdays, Verizon has its VerizonUp and AT&T has its AT&T Thanks. After long being the only carrier without one, Sprint on Tuesday is finally getting into the rewards game. Called simply My Sprint Rewards, the new program echoes the others by offering perks, contests and other goodies to those who subscribe to Sprint's service. Sprint users can check the offers by downloading the My Sprint Rewards app for iOS or Android and logging into their accounts. There is no cost to join the program with Sprint promising "exclusive deals" from the carrier as well as from a "large variety of well-known brands in apparel, auto, beauty, electronics, health, home, sports, travel and more."
As described in the Scrum Guide, a Sprint, a time-box of one month or less during which a "Done", useable, and potentially releasable product Increment is created. Sprints have consistent durations throughout a development effort. A new Sprint starts immediately after the conclusion of the previous Sprint. During the Sprint: No changes are made that would endanger the Sprint Goal; Quality goals do not decrease; and, Scope may be clarified and re-negotiated between the Product Owner and Development Team as more is learned. Each Sprint may be considered a project with no more than a one-month horizon.
It's become a fairly close race to provide mobile 5G service, with Verizon, AT&T and T-Mobile all announcing plans to roll out the faster network tech within the next couple of years. Sprint already has plans to launch its own 5G network in 2019, which it confirmed today during an earnings call, as reported by VentureBeat.