Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

The fourth-largest wireless carrier in the U.S. – T-Mobile U.S. Inc. revealed in an official statement that it will let its customers use Wi-Fi in order to make phone calls and send text messages even in dead spots in their homes and offices. According to the companys statement, free in-home Wi-Fi antennas will be provided to customers, enabling their phones to make calls and send text messages over Wi-Fi.

As the mobile carrier itself revealed, T-Mobile is offering a Personal CellSpot only a day after a new iPhone with Wi-Fi-calling capability was presented by Apple Inc. Now, the U.S.-based mobile carriers customers will receive a device similar to a Wi-Fi router for a deposit of $25. The device can be installed in the subscribers homes or offices and will boost the signals strength inside.

As reported by Mashable, T-Mobiles Chief Executive Officer Mr. John Legere commented on the CellSpot device: “Its not just a router. It does something very special.” Mr. Legere did not specify how the device works exactly, but the company explained in a blog post that the new service is focused on prioritizing phone calls and “designed so that T-Mobile voice calls maintain their clarity − no matter how much streaming music, video or games are coming through”.

The company has been recently focused on closing the gap between it and Sprint Corp., currently the third-largest wireless carrier in the U.S. The two companies have been leading a price war after their negotiations over an eventual merger collapsed in August this year.

Now T-Mobile is putting its efforts into luring customers, who use only mobile phones and dont have landlines. On the other hand, there are also some subscribers, who have kept their home phones due to dead zones inside their houses which make it impossible to receive calls on mobile phones.

T-Mobile U.S. Inc. rose by 0.79% on Wednesday to close at $30.52 per share in New York, marking a one-year change of +20.82%. The company is valued at $24.63 billion. According to CNN Money, the 20 analysts offering 12-month price forecasts for T-Mobile U.S. Inc. have a median target of $36.50, with a high estimate of $45.00 and a low estimate of $25.00. The median estimate represents a +19.59% increase from the last price of $30.52.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Gold Retreats From Record Levels as Geopolitical and Fed Fears RecedeGold Retreats From Record Levels as Geopolitical and Fed Fears Recede Key Moments Spot gold fell 0.8% to $4,588.55 an ounce after three straight record-setting sessions. Silver and platinum saw steeper losses, with silver sliding nearly 6% to $87.74/oz and platinum dropping 4% to 2,309.52/oz. […]
  • Canadian Dollar Falls as Soft GDP and Lower Crude Lift USDCanadian Dollar Falls as Soft GDP and Lower Crude Lift USD Key Moments USD/CAD extended gains for an eighth straight session, trading near 1.4200 and hovering close to a two-month high. Oil prices came under pressure as Middle East exports neared pre-war levels and the US prepared to […]
  • CAD/NOK hovers above lows unseen since April 2022CAD/NOK hovers above lows unseen since April 2022 The CAD/NOK currency pair hovered above a fresh 45 1/2-month low of 7.0316 on Tuesday ahead of Bank of Canada's minutes release and after data showed Norway’s annual inflation had accelerated in January, against consensus of an easing.The […]
  • Major and Crypto-Currencies: Pivot Levels for Thursday (December 1st 2016)Major and Crypto-Currencies: Pivot Levels for Thursday (December 1st 2016) Major Currency PairsUSD/CHFR1 – 1.0177 R2 – 1.0186 R3 (Range Resistance - Sell) – 1.0196 R4 (Long Breakout) – 1.0223 R5 (Breakout Target 1) - 1.0255 R6 (Breakout Target 2) - 1.0269S1 – 1.0159 S2 – 1.0150 S3 (Range […]
  • Singapore’s retail sales growth decelerates in MarchSingapore’s retail sales growth decelerates in March Retail sales in Singapore grew at an annual rate of 2.7% in March, the latest data by Statistics Singapore showed, while slowing substantially from February's revised up 8.6% growth.The latter has been the sharpest increase in a year, […]
  • Forex Market: AUD/USD daily forecastForex Market: AUD/USD daily forecast During yesterday’s trading session AUD/USD traded within the range of 0.9330-0.9372 and closed at 0.9365.At 11:05 GMT AUD/USD traded at 0.9372, adding 0.04% for the day. The pair touched a daily high at 0.9382 at 5:35 GMT, breaching the […]