Latest news with #BoostMobile
Phone Arena
21 hours ago
- Business
- Phone Arena
EchoStar pays $500M to stay out of bankruptcy and to buy time for FCC talks
An 8-K filing made by EchoStar indicates that the parent company of the nation's fourth largest wireless carrier, Boost Mobile, and Dish Network, plans on making a debt-interest payment on Friday of more than $500 million. The payment is actually due on Monday and by paying the $500 million, EchoStar gets to delay filing for bankruptcy although it will not make a second payment due July 1st. EchoStar hopes that by making one of the two payments due in the coming week, it has bought itself some time to negotiate with the FCC. The regulatory agency's Chairman, Brendan Carr, has previously threatened to take away some of EchoStar's spectrum licenses. The second interest payment due July 1st, which EchoStar won't pay, comes to $114 million and by refusing to make the payment, a 30-day grace period is triggered. While EchoStar has enough cash on hand to make both interest payments on time, the company is holding off on one of them in order to gain some leverage in negotiations with the FCC. Carr wants EchoStar to give up licenses on spectrum that he says the company isn't using. The FCC Chairman said, "It's my view that right now, we are really working hard to make sure this valuable public resource of spectrum is put to use. No new news to break, but I think the status quo needs to change. There's lots of different paths forward there and all options are still on the table at the FCC." -FCC Chairman Brendan Carr Former FCC chief of staff Blair Levin, who now works as a policy analyst at New Street Research, says that Carr wants to "force a reallocation of spectrum from EchoStar to others." What Levin is talking about is the 2 GHz spectrum licensed by EchoStar which FCC Chairman Carr asked EchoStar about in a letter. Carr wants to know exactly how often EchoStar is using the 2 GHz band. The reason why Carr is so interested in EchoStar's 2 GHz usage is because Elon Musk's SpaceX has its eyes on the 2 GHz spectrum because it is superior for satellite to cellphone communications than the airwaves that SpaceX uses now. The FCC chairman had no comment about a meeting he supposedly attended at the White House earlier this month with President Donald Trump and EchoStar Chairman Charlie Ergen. Secure your connection now at a bargain price! We may earn a commission if you make a purchase Check Out The Offer
Tom's Guide
a day ago
- Tom's Guide
Not a typo! iPhone 16e is just $99 right now with this amazing deal
I've always been a fan of the iPhone SE series, having made the original and iPhone SE 2 as my main drivers, but that all changed with the fourth generation model. Despite being the cheapest one in the current lineup, I'm still not convinced that the iPhone 16e offers good value at $599 — so much so that I tell friends and family to go with the iPhone 16 instead. Well, that all changes right now because Boost Mobile's offering the iPhone 16e for $99 and that's the kind of cost I would gladly pay for this phone. This comes out to be an 83% off instant discount and I think it's hard to pass up on. In order to get this generous offer from Boost Mobile, you'll need to activate it on its $60/month unlimited plan. Now this is what the iPhone 16e should cost. Boost Mobile's making the cheapest iPhone even cheaper ahead of Prime Day 2025 by bringing its price down to $99 when you start new service and commit to its $60/month unlimited plan. At $99, the iPhone 16e can't be beat and now widens its gap over the iPhone 16. Even though it has one of the simplest camera systems around, I said in my iPhone 16e review that the single 48MP camera on the back of the phone offers excellent performance for all sorts of conditions. I'm particularly surprised by its low light performance, which is a huge improvement over the previous iPhone SE (2022). Another thing you should know about the iPhone 16e is that it has the same Apple Intelligence features as the rest of the iPhone 16 models. In fact, I'm able to access Visual Intelligence via the Action Button to search stuff with the camera. Additionally, it's poised to get all the new iOS 26 features when the software update rolls out later this year — like the new Liquid Glass material design, Live Translation, new Camera app, and more. It's also powered by the same A18 chip found in the iPhone 16 and iPhone 16 Plus, so its just as responsive with most things. This also helps out in the battery life department, where the iPhone 16e achieves a time of 12 hours and 41 minutes on Tom's Guide's battery benchmark test — and that's a huge improvement over the 7 hours and 38 minutes achieved by the iPhone SE (2022). The only thing I think you'll need to think about is whether or not Boost Mobile's $60/month unlimited plan is within your budget. I know it's up there compared to rivals like Visible and Mint Mobile, but this plan gets you 50GB of premium data per month — so you're getting the fastest speeds and priority when there's a lot of network congestion. After 12 months, you'll be able to get the iPhone 16e unlocked, so that it can be used on any carrier. Now that's a deal you won't find on Prime Day.
Yahoo
16-06-2025
- Business
- Yahoo
EchoStar Stock Soars on Report of White House Intervention on Spectrum Issue
President Donald Trump reportedly called on Dish Network parent EchoStar Chairman Charlie Ergen and FCC Chairman Brendan Carr to work out a deal on the satellite TV provider's spectrum. Bloomberg said the White House session came after the FCC launched an investigation into whether EchoStar was meeting its obligations for satellite and wireless rights. Trump is said to have told the two he didn't want to see an EchoStar go bankrupt over the Network owner EchoStar (SATS) shares skyrocketed 45% Monday morning on a report that President Donald Trump had intervened to help the satellite TV provider hold onto its valuable spectrum licenses. Bloomberg reported Friday that the president met with EchoStar Chairman Charlie Ergen and Federal Communications Commission (FCC) Chairman Brendan Carr at the White House and called on them to work out a deal. The report noted that the FCC had launched an investigation last month into whether the company was meeting certain obligations for its wireless and satellite rights. The Wall Street Journal reported earlier this month that EchoStar was considering filing for Chapter 11 bankruptcy to protect it from the possibility of losing those licenses. Bloomberg said Trump told Ergen and Carr he didn't want a major American company to go bankrupt, as it would cause uncertainties for other firms. EchoStar has missed several debt interest payments recently, writing in a regulatory filing that the FCC spectrum threats have "effectively frozen our ability to make decisions" about how to grow and invest in its Boost Mobile network. Investopedia has reached out to EchoStar for comment. With today's gains, shares of EchoStar moved into positive territory year-to-date. Read the original article on Investopedia Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Phone Arena
14-06-2025
- Business
- Phone Arena
FCC Chairman Carr uses his bully pulpit to threaten EchoStar and Boost Mobile
Current FCC Chairman Brendan Carr has been threatening to take away spectrum licenses from EchoStar, the company that now owns Dish Network and Boost Mobile. To put this in perspective, you need to understand that when T-Mobile proposed to buy Sprint, it would have left the U.S. with only three major carriers. The FCC wanted to leave four facilities-based carriers competing in the country. A deal was worked out and Dish Network agreed to buy Sprint's Boost Mobile and build a standalone 5G network. Every couple of years, the FCC requires Dish to cover a certain percentage of the country with 5G signals and Dish has passed each test so far. However, as we get to the last two tests scheduled for 2026 and 2028, the areas that need to be covered are harder to reach and will be more expensive to cover. EchoStar bought Dish on the last day of 2023 but its coffers aren't exactly overflowing with cash at the moment. Current FCC Chairman Brendan Carr's threats against EchoStar are beginning to feel personal. | Image credit-X Even though EchoStar has until 2028 under renegotiated terms to meet the final coverage test, the FCC's Carr has really been handing out some threats from his bully pulpit. In a letter dated May 9th written to EchoStar Chairman Charlie Ergen, Carr threatened to revert back to the original deadlines that the FCC agreed to with Dish. If the FCC were to do that, the final goal would have to be met today, June 14th, which of course EchoStar can't do. In case you're curious, those targets, now scheduled for 2028, would require EchoStar to cover at least 70% of the population within each of its licensed geographic areas for its AWS-4 and 700 MHz licenses, and at least 75% of the population within each of its licensed geographic areas for its H Block and 600 MHz licenses. Carr's letter also pointed out that the reason for the buildout goals was to prevent spectrum warehousing. As you might have gathered by the name, this is when a company builds up a hoard of spectrum that it doesn't plan on using with the goal of selling it to a wireless firm for a profit down the road. EchoStar's Ergen always claimed to have the desire to run a wireless firm when he was Chairman of Dish Network (Dish did float a losing $25.5 billion bid for Sprint in 2013). While T-Mobile spent nearly $8 billion during FCC auction 1001 in 2017 to pick up 1,525 600MHz low-band licenses (which was used to build the carrier's nationwide 5G network), and earned the majority of the news coverage, under the radar Dish was the second biggest spender. Even though it didn't own any wireless businesses at the time, Ergen's company spent $6.2 billion for 482 licenses. This battle between the FCC and EchoStar is beginning to feel personal. In his letter, FCC Chairman Carr left a less than subtle hint that the regulatory agency isn't satisfied with the past buildout goals that were met by EchoStar. In fact, in plain English Carr wrote, "I have asked FCC staff to investigate EchoStar's compliance with its buildout milestones." Carr also writes that he has asked FCC staff to seek public comment about "reconsideration of the 2024 bureau-level extension of the 2019 Commission-level buildout." If this sounds like politics are involved, you might be right. SpaceX has been trying to get the U.S. to force EchoStar to takeaway EchoStar's 2GHz spectrum holdings claiming that EchoStar "barely" uses it. SpaceX has over 25,500MHz of spectrum it can use but it just so happens that EchoStar's airwaves are superior when it comes to providing satellite services to cell phones, a business that SpaceX has high hopes for. SpaceX is, of course, primarily owned by its founder, Elon Musk. Despite the recent breakup with President Donald Trump, a reconciliation seems likely so you can never rule out the possibility that Carr's animosity toward EchoStar is politically motivated as he is a Republican. EchoStar has yet to have the customer success it would like to have even though it has built a standalone 5G network that should soon cover 80% of the population. Last July, Boost Mobile and Boost Infinite combined and with more promotion, Boost Mobile's Infinite Access plan could be a winner. It offers subscribers an annual device upgrade along with the usual features you'd expect from a top-notch wireless plan for $65 per month for a single line. Switch to Total 5G+ Unlimited 3-Month plan or Total 5G Unlimited and get a free iPhone. We may earn a commission if you make a purchase Buy at Total Wireless
Sky News AU
10-06-2025
- Sky News AU
El Salvadorian restaurant staff praised for helping officers hurt in Los Angeles riots: ‘They're humans'
A Salvadorian restaurant owner helped cops who were hurt in the riots rocking Los Angeles, even though she sympathizes with some of the protesters — and footage of her actions is now going viral. 'They're humans,' eatery owner Elizabeth Mendoza told The Post of the injured officers she and her workers assisted as they sheltered in her Compton restaurant La Ceiba in the heat of the city's riots Saturday. 'And they were just doing their duty, trying to protect everyone around,' Mendoza said, explaining she didn't think twice when the cops asked for help. Mendoza and some other local Hispanic workers said that while they agree with the demonstrators' cause — migrants' rights — violence and looting are no way to achieve anything. 'Spray painting and all this damage, that's not helping anybody,'' said Pedro Perez, a worker at a nearby Boost Mobile that was damaged. 'And right here, where they were spray painting, mainly all these people are all Hispanic owners.' 'The whole point is to be united, and you guys are damaging your own people's businesses. I just think it's stupid,' he said. Mendoza said she was working at La Ceiba that afternoon as clashes across the city between police and demonstrators protesting ICE's recent mass arrests of illegal immigrants grew increasingly violent. As a face-off grew particularly heated nearby, several sheriff's deputies were caught in a cloud of tear gas and staggered into the restaurant and asked for help. Mendoza jumped into action and joined her staff, fanning down the cops and giving them milk to pour over their burning eyes — even letting one of the officers stand in the restaurant's freezer to cool down. The scene — of Latin Americans readily helping police hurt trying to contain protests for migrants — quickly gained attention online, with many praising Mendoza and her staff for their integrity and humanity. Mendoza, a US citizen who immigrated to the US 30 years ago, said she supported the protesters' cause, although she added that looting and violence were no way to achieve anything. 'Things should be done properly. That's not the way to handle the situation,' she said. The restaurant owner said many of the protesters are from her community — and ended up working to help protect her business from some of the vandals. 'There were a lot of people also protecting the restaurant. Most of the protesters around here, they are like family, so they were protecting the place,' she said. Not every business nearby was so lucky: Many in the strip mall neighboring La Ceiba were vandalized over the weekend. Mendoza said she is hopeful that the riots will calm down and that ICE won't deport hard workers who are truly in the US to chase the American dream. 'I want this to have a peaceful ending and to make them be smarter about deporting people and run background checks to make sure they are not deporting people who are just here for a better life,' she said of federal agents. 'They need to be deporting people who are really here for the wrong reasons.' LA's riots were sparked on Friday after ICE carried out several raids across the city and protesters attempted to intervene. Demonstrators eventually showed up at a downtown detention center where detainees were believed to be held, and after violence broke out in places, President Trump sent in the National Guard to quell the chaos. Originally published as El Salvadorian restaurant staff praised for helping officers hurt in Los Angeles riots: 'They're humans'
