KPRC 2 Investigates: Phone number swap scam warning
A new scam is targeting something just about all of us have in our pocket or purse - our cell phone. It’s called SIM swap fraud and our KPRC 2 Investigates team explains how criminals can steal your phone, your personal information and your money, without ever touching your device. We have the warning plus, what you need to do to protect the information on your phone.
Here are the biggest Super Bowl advertisers of the last 11 years
Here are the nine Super Bowl advertisers who have run the most in-game spots from 2010 to 2020, according to data from ad measurement firm iSpot.tv:Bud LightThis image provided by Anheuser-Busch shows a scene from the company's Bud Light 2019 Super Bowl football spot. Between 2016 and 2020, Bud Light has spent $61.4 million on Super Bowl airtime, according to estimates from iSpot. From 2006 to 2016, Doritos' Super Bowl ads came from the minds of consumers, not advertising agencies. The telecommunications provider topped iSpot's list of the biggest spenders in the last five years, shelling out $85.3 million for Super Bowl airtime. Coca-Cola Source: YouTubeIn the last 11 years, Coca-Cola has aired 16 Super Bowl ads.cnbc.com
Companies have bid $81 billion for the airwaves to build 5G, and winners will be revealed soon
Verizon, AT&T, T-Mobile and other parties involved in the auction are in a quiet period where they can't comment until it's final and down payments have been paid. Who's buyingSOPA ImagesThe auction is a big deal for Verizon, T-Mobile, and AT&T, the big three U.S. wireless companies. It's actually called mid-band spectrum. T-Mobile acquired licenses for a different block of mid-band spectrum through its merger with Sprint. This spectrum would also be a large purchase, but at the same time, AT&T also needs mid-band spectrum to build the wireless network that powers its cash flow.cnbc.com
Amazon, Microsoft, Facebook and others pause political contributions after U.S. Capitol riot
AmazonAmazon late Monday announced it will pause donations from its PAC to lawmakers who voted against the certification of the presidential election results. "We intend to discuss our concerns directly with those Members we have previously supported and will evaluate their responses as we consider future PAC contributions," an Amazon spokeswoman said in a statement. "We have frozen all NetPAC political contributions while we review and reassess its policies following last week's deeply troubling events," a Google spokesperson said. T-MobileT-Mobile hasn't said it will pause giving yet but said would "reevaluate" its PAC contributions. ComcastThe cable and media giant is suspending contributions to elected officials who voted against certifying the presidential election results.cnbc.com
HPD: 3 suspects wanted after T-Mobile robbery, chase in SW Houston
HOUSTON – Houston police are searching for three men who are accused of holding up a T-Mobile store on Saturday night. Officials said the suspects fled once officers arrived at the scene, which led to a chase in southwest Houston. According to HPD, the robbery occurred at 5873 South Gessner around 7:45 p.m.Officials said one person has been detained. After fleeing from the police, the suspects left the vehicle at an apartment parking lot and bailed on foot. One of the suspects is accused of beating on doors at an apartment complex trying to get in.
Stocks making the biggest moves after the bell: T-Mobile, Costco, Baidu & more
Check out the companies making headlines after the bell on Monday:T-Mobile — T-Mobile shares rose more than 2% in after-hours trading after Warren Buffett's Berkshire Hathaway disclosed a stake in the mobile networking company. A 13F filing showed the conglomerate bought 2.4 million shares of T-Mobile in the third quarter. Costco — Shares of the wholesale giant popped more than 2% after the company declared a special cash dividend of $10 per share. SmileDirectClub — SmileDirectClub traded 3.2% higher after the bell on the back of better-than-expected quarterly results. Baidu — The Chinese internet company saw its stock dip 0.6% even after the release of quarterly results that beat analyst expectations.cnbc.com
T-Mobile offers up yet another TV streaming service
Yet another service provider is jumping into the TV streaming wars. This time it's T-Mobile and its TVision service with live news, entertainment and sports channels, starting at $10 a month. And most similar streaming services have found it difficult to sustain low prices over time. And TVision Channels, which lets you sign up for individual channel streaming services, starting with just three: Starz, Showtime and Epix. A slew of new streaming services started to challenge traditional TV providers and dominant streaming services like Netflix over the past year, including Disney Plus, Apple TV Plus, HBO Max and Comcast’s Peacock service.
Americans might not be able to take full advantage of the 5G iPhone
But in other countries with 5G networks that use what's called "mid-band frequency," speeds are five times as fast as LTE, according to Opensignal. In the United States, the carriers are still building their 5G networks. There are three different versions of 5G connections, which each use different radio frequencies and come with their own advantages and different speeds. "In the U.S., when you see millimeter wave, and you see low-band, that isn't 5G, that's just two parts of 5G," said Ian Fogg, vice president of analysis at Opensignal. An event like the 5G iPhone launch could also spur a wave of announcements from carriers around the world that they are expanding or turning on 5G networks.cnbc.com
Japan tech giant SoftBank's profits rise on investments
TOKYO Japanese technology giant SoftBank Group Corp.'s said Tuesday that its profit rose 12% in April-June from a year earlier as its investments added to its coffers, including sales of its shares in U.S. carrier T-Mobile. Tokyo-based SoftBank reported Tuesday a fiscal first quarter profit of 1.2 trillion yen ($11.5 billion), up from 1.1 trillion yen in the previous fiscal year. Quarterly sales inched down 2% to 1.45 trillion yen ($13.7 billion). The company compared the crisis to the hard times of the Great Depression of the late 1920s and early 1930s. It already operates in Tokyo, as well as Nagoya, Fukuoka and other urban areas in Japan.
FCC calls hours-long T-Mobile service outage 'unacceptable'
NEW YORK The head of the U.S. communications regulator said T-Mobile's nationwide, hours-long outage Monday was unacceptable and that the Federal Communications Commission will investigate. T-Mobile, one of the country's three largest cellphone service providers, said it had a voice and text wireless issue" that began around noon EDT Monday. The company blamed an internet-traffic issue that caused problems with its network for the outage. But calls between their customers and T-Mobile customers could have run into trouble because of T-Mobiles issues, creating the impression of a widespread communications failure. T-Mobile paid a $17.5 million fine for two nationwide service outages on the same day in August 2014, which together lasted three hours and prevented customers from being able to call 911.
T-mobile says things are back to normal after nationwide outage
HOUSTON – Cell service provider, T-mobile, experienced a nationwide outage Monday evening that was estimated to have affected hundreds of thousands of customers. — Neville (@NevilleRay) June 16, 2020The Harris County Sheriff’s Office tweeted that 911 services were being affected during the outage. “We were just advised there is a nationwide outage for @TMobile’s ability to make 911 calls. We were just advised there is a nationwide outage for @TMobile’s ability to make 911 calls. #HouNews — HCSOTexas (@HCSOTexas) June 15, 2020HCSO officials told KPRC 2 that while the outage didn’t affect their call center, it did affect T-mobile customers who might try to call 911.
Stocks making the biggest moves midday: Macy's, Carnival, Kroger, United Airlines & more
Macy's equity, last seen trading down 2.5% around $4.81 a share, fell as low as $4.41 during the session. United, American and Southwest Airlines Airlines including United, American and Southwest sold off across the board on Wednesday after the White House's somber coronavirus warning. United, Alaska, American and Southwest Airlines on Wednesday fell 11.6%, 9%, 8.7% and 7.1%, respectively. T-Mobile Shares of T-Mobile rose 2.5% as the merger between telecom giants T-Mobile and Sprint officially closed Wednesday morning, a month earlier than scheduled. Norwegian Cruise Line, Carnival, Royal Caribbean Cruise stocks fell broadly amid renewed fears over the coronavirus's impact on the travel industry.cnbc.com
Legere is out as T-Mobile CEO as Sprint merger officially closes
John Legere is officially done with the role of T-Mobile CEO after the company officially closed its merger with Sprint, the company announced Wednesday. "That'll start to benefit consumers who came from both sides of this merger immediately," Sievert added. Sievert said the company would start to unify Sprint under the T-Mobile brand this summer. Legere had long been expected to cede the role after the $26 billion merger closed after clearing regulatory hurdles. Legere made several other aggressive moves to secure T-Mobile's role among top competitors AT&T and Verizon since becoming CEO in 2012.cnbc.com
5 things to know before the stock market opens Friday
Dow tracking for first weekly loss this monthTraders work on the floor of the New York Stock Exchange (NYSE) on January 27, 2020 in New York City. Dow component Coca-Cola said Friday that negative impact from the coronavirus will shave 1 to 2 cents off first-quarter per-share earnings. Over the course of the afternoon, the Dow recovered two-thirds of those losses and closed off 128 points. Health officials in China on Friday reported more than 500 coronavirus cases traced back to four mainland prisons, including two in Hubei province, the center of the outbreak. SoftBank, which controls of Sprint, agreed to surrender about 48.8 million T-Mobile shares it'll gain in the merger after the transaction is complete.cnbc.com
Sprint and T-Mobile agree to give Deutsche Telekom higher stake in combined company
Common shareholders won't see a change in the exchange ratio, which is 9.75 Sprint shares for 1 T-Mobile share. SoftBank, which owns the more than 80% of Sprint, will see an exchange ratio of 11 Sprint shares for each T-Mobile share, the companies said. SoftBank and Deutsche Telekom will hold 24% and 43% of shares in the newly combined company, respectively, according to the announcement. Sprint and T-Mobile have agreed to amend their merger deal agreement to give Deutsche Telekom a higher ownership stake in the new combined company, the companies announced Thursday. SoftBank agreed to give Deutsche Telekom a slightly higher ownership stake after Sprint's financials have eroded during the long deal approval process, the people said.cnbc.com
T-Mobile/Sprint merger ruling will make it harder for states to challenge future deals, DOJ antitrust chief says
A federal judge's ruling in favor of the Department of Justice in the T-Mobile-Sprint merger case last week reinforced a high bar for state antitrust challenges, according to DOJ antitrust chief Makan Delrahim. But Delrahim said there's still an important role for the states to play in antitrust cases. The federal antitrust division and state attorneys general have both opened investigations into Google to probe its competitive practices. Several state attorneys general have met with top DOJ officials about the investigation, but have not yet formally decided to coordinate, CNBC previously reported. "It would have raised some serious issues of uncertainty had the states won in this case," Delrahim said of the T-Mobile/Sprint decision.cnbc.com
Why T-Mobile's deal with Sprint could be the warmup to a wild decade of mergers
Chip Somodevilla | Getty ImagesWhen the history books are written, T-Mobile's merger with Sprint may be the final chapter of the 4G-LTE era. The 5G era will initially feature massive capital expenditure by wireless companies. Charter, the second-largest U.S. cable company with an enterprise value of about $200 billion, could be the catalyst for consolidation. The cable company is partially owned by billionaire dealmaker John Malone's Liberty Broadband (a subset of GCI Liberty) and is run by CEO Tom Rutledge. The European Altice, based in the Netherlands and also controlled by billionaire Patrick Drahi, owns cable and wireless assets.cnbc.com
T-Mobile wins court approval for $26.5 billion Sprint deal
T-Mobile wins court approval for $26.5 billion Sprint dealT-Mobile US Inc. won court approval for its $26.5 billion takeover of Sprint Corp., defeating a state-led lawsuit that sought to block the industry-altering wireless deal. T-Mobile US Inc. won court approval for its $26.5 billion takeover of Sprint Corp., defeating a state-led lawsuit that sought to block the industry-altering wireless deal. Photo: Bebeto Matthews, STF / Associated Press Photo: Bebeto Matthews, STF / Associated Press Image 1 of / 3 Caption Close T-Mobile wins court approval for $26.5 billion Sprint deal 1 / 3 Back to GalleryT-Mobile US Inc. won court approval for its $26.5 billion takeover of Sprint Corp., defeating a state-led lawsuit that sought to block the industry-altering wireless deal. YOUR SERVICE: Here's what the T-Mobile/Sprint merger could mean for its customersConcessionsTo win federal approval, T-Mobile and Sprint had agreed to sell multiple assets to Dish in order to create a new fourth competitor. He is credited with helping to remake T-Mobile into an industry maverick, and pitched the Sprint takeover as a way to compete against industry leaders Verizon and AT&T.chron.com
Judge approves $26 billion merger of T-Mobile and Sprint
Shares of Sprint soared Tuesday after a U.S. district judge ruled in favor of its $26 billion deal to merge with T-Mobile. Tuesday's ruling also culminates a yearslong courtship between Sprint and T-Mobile, which have made multiple attempts over the years to merge, only to abandon their plans fearing regulatory scrutiny. The judge laid out three points on which the court rejected the states' objections to the merger. Second, the court rejected that Sprint would be able to continue operating effectively as a wireless services competitor without the merger. Top executives at T-Mobile and Sprint claimed a victory with the judge's ruling.cnbc.com
Here's what happened to the stock market on Tuesday
Dow Jones Industrial average flatThe Dow closed flat at 29,276.34. Record highs, but coronavirus worries lingerStocks hit record levels but ongoing worries around the coronavirus kept a lid on Wall Street's enthusiasm. Federal Reserve Chairman Jerome Powell said the central bank was "closely monitoring" the situation as well as its potential economic impact on the global economy. Under Armour, meanwhile, issued weak sales guidance for the year, citing a possible hit from the coronavirus. T-Mobile and Sprint surge, Under Armour tumblesT-Mobile and Sprint closed higher by 11.78% and 77.50%, respectively, after a U.S. judge approved the merger of the two companies.cnbc.com
Stocks making the biggest moves midday: Under Armour, T-Mobile, Sprint, Facebook and more
Sprint, T-Mobile Shares of Sprint soared 77.5% after a federal judge approved the $26 billion merger between the company and rival wireless carrier T-Mobile. Facebook Shares of Facebook slipped 2.8% after Pivotal researched downgraded the social media giant to sell from hold. Revenue came in at $5.549 billion, topping estimates of $5.533 billion, according to Refinitiv. Nvidia Shares of the semiconductor company rose 1.9% after Oppenheimer hiked its price target on Nvidia to $300 per share from $250 per share. The company reported earnings of 19 cents per share, compared to the estimated earnings of 52 cents per share, according to FacSet.cnbc.com
Sprint stock up more than 60% after report that U.S. District judge is set to rule in favor of its deal with T-Mobile
Sprint stock was up more than 60% in extended hours trading Monday after a report in the Wall Street Journal said that a U.S. District judge is expected to rule in favor of its ruling with T-Mobile. T-Mobile stock rose over 8% in extended trading. The third-largest U.S. wireless carrier by subscribers has been awaiting a decision from a federal judge on whether it can move forward with its $26.5 billion merger with Sprint. T-Mobile, Sprint and Dish Network, which is awaiting approval to start a new national wireless network, all haven't seen the judge's ruling, according to people familiar with the matter. The merger was seen by many as a bellwether for the future of the U.S. wireless industry.cnbc.com
There are three types of 5G most of what you'll get is not the super-fast kind
5G is really confusing because there are three different versions of it that are being built. The four major U.S. wireless companies -- AT&T, Verizon, T-Mobile and Sprint -- all have their own plans for how to build out 5G to their customer bases. Here's the cocktail conversation summary:mmWave high-band 5G : T-Mobile (a little), AT&T and Verizon. Low-band 5G: T-Mobile/AT&T. But PCMag says that you have to stay within 80 feet of a tower or transmitter to get those speeds.cnbc.com
Apple's fastest 5G iPhones may not launch until late 2020 or early 2021, analyst says
Susquehanna said Monday that Apple will launch its first 5G iPhones in September, but a faster version may not come before next January. The note said the faster mmWave 5G iPhone models probably won't come before December. There are several types of 5G networks, which can make things a bit confusing. It's likely Apple will announce all of its new iPhones in September as it traditionally does, but the iPhones with 5G mmWave support may launch a couple of months later. Susquehanna said the slower 5G iPhones will have LCD screens while the mmWave iPhones will have better OLED screens, like the screens in today's iPhone 11 Pro.cnbc.com
Cramer compares China's lead in next generation 5G wireless to how Russia beat America to space
China's lead over the U.S. in the race to deploy 5G wireless networks is reminiscent of the early stages of the space race with the Soviet Union, CNBC's Jim Cramer said Tuesday. The Soviet Union scored multiple early victories over the U.S. in the space race; first in October 1957 by putting a satellite, Sputnik 1, into Earth's orbit before America. However, the U.S. would go on to put a person on the Moon before the Soviet Union, in July 1969. Others, such as former FCC Chairman Reed Hundt, said the merger will improve the wireless industry's ability to rollout robust 5G networks. "This trial is very, very much about who will be able to get spectrum to build these 5G networks," Hundt told CNBC last week.cnbc.com
The future of the US wireless industry in limbo as T-Mobile and Sprint begin battle to win merger approval
The future of the U.S. wireless industry is at stake as T-Mobile and Sprint prepare to argue why their $26.5 billion merger should be approved over the arguments of state attorneys general. The states plan to argue the wireless industry is already too consolidated to further squeeze four main competitors Verizon, AT&T, T-Mobile and Sprint down to three. Still, cable companies can only offer wireless service because of an agreement the cable companies struck with Verizon in 2011. Comcast, Charter and Cox, the third-largest U.S. cable company, share revenue with Verizon from customers that sign up for cable wireless. Second, wireless companies are transitioning from 4G LTE to 5G, which should ultimately lead to significantly higher speeds for consumers.cnbc.com
'Why I urge rapid closing' on T-Mobile Sprint deal: Former FCC Chair Reed Hundt
Moreover, the concentration of influence in the owners of these data centers justly gives cause for concern. On the other hand, fewer than 500 big data centers effectively govern the critical computer calculations of the modern world. The United States might ban Chinese firms, but whether we like it or not, the rest of the world will not. This is the burgeoning new ecosystem that the post-merger market structure of communications firms will and must create. The United States might ban Chinese firms, but whether we like it or not, the rest of the world will not.cnbc.com
T-Mobile shows why it's still too early to buy a 5G phone
It's still too early to buy a 5G phone, even though T-Mobile is now taking orders for two new ones, including the Samsung Galaxy Note 10+ and OnePlus 7T Pro McLaren. T-Mobile will turn on its 600 Mhz 5G network, which will cover most of the country. So, you might see 150Mbps if you have a new 5G phone instead of the 100 Mbps download speed you have on 4G LTE. The bump in speed isn't a good enough reason to buy a new 5G phone right now. It's best to wait until later in 2020 to start looking at 5G phones.cnbc.com
5G broadband is an existential threat to the cable industry, but executives and investors aren't worried
Goei says both plans are "deeply flawed" as cable broadband alternatives. "In the big cities New York, Boston, San Francisco I think 5G broadband will be a threat in a couple of years," said Kanitkar. In the U.S., "you can have all the spectrum in the world but you're going to need the help and cooperation of cable companies to roll out the small cells, because it's the cable companies that have the neighborhood relationships." "We see partnerships between the mobile and cable companies continuing, whether they become part of the same company or not. The cable companies aren't scared from a competitive point of view."cnbc.com
Justice Department Welcomes Texas Joining T-Mobile/Sprint Settlement
That settlement, if approved by the court, would resolve the Justice Departments and the co-plaintiff states competitive concerns. Under the terms of the proposed settlement, T-Mobile and Sprint must divest Sprints prepaid business, including Boost Mobile, Virgin Mobile and Sprint prepaid, to Dish. The proposed settlement also provides for the divestiture of certain spectrum assets to Dish. Deutsche Telekom AG, a German corporation headquartered in Bonn, Germany, is the controlling shareholder of T-Mobile U.S. Inc.Sprint Corporation is a Delaware corporation headquartered in Overland Park, Kansas. Sprint is controlled by SoftBank Group Corp., a Japanese Corporation headquartered in Tokyo, Japan.justice.gov
Texas is the latest state to defect from the lawsuit against Sprint/T-Mobile deal
With Texas' departure, 14 states and the District of Columbia are still fighting the deal. The $26 billion deal announced in 2018 would shrink the number of U.S. mobile carriers from four to three, inviting scrutiny from regulators. New York and California announced earlier this year they were leading a coalition attorneys general in a suit to block the deal. A spokesperson for the New York Attorney General's Office told CNBC on Monday that the deal with Texas will not stop the suit from moving forward. As part of Sprint and T-Mobile's deal with Texas, the two have committed to holding off from raising prices on wireless services on Texas for five years following the deal's completion.cnbc.com
What you need to know before markets open
Why would the most dominant media company in the world invest billions of dollars in order to create a new unit in its already lucrative business? "Disney is fully committed to streaming because they think that streaming is going to be at the core of the whole company going forward." A bundle with the company's other streaming offerings, ESPN+ and an ad-supported Hulu, will cost $12.99 a month. Critics argued that Walt Disney was risking his studio's reputation with a risky film that no one would sit through. But the man positioned to head that new company is in talks to lead another major undertaking: a rescue mission for WeWork.
T-Mobile CEO John Legere in talks to take over top job at WeWork
But the man positioned to head that new company is in talks to lead another major undertaking: a rescue mission for WeWork. If he does end up at We Co., Legere would be leaving T-Mobile at a crucial time. T-Mobile's stock fell around 2.5% Monday afternoon following the news of Legere's talks with WeWork. The talks may point to the influence that Japanese holding company SoftBank, which owns a majority stake in Sprint, may have in the new combined wireless company. The merger with Sprint would make it a formidable competitor to larger wireless players Verizon and AT&T, which owns CNN.
Justice Department Welcomes Arkansas Joining T-Mobile/Sprint Settlement
The Department of Justice announced today that it has filed an amended complaint that adds Arkansas as a plaintiff in the suit and proposed settlement relating to the proposed merger of T-Mobile and Sprint. In addition to protecting competition, the proposed settlement will expedite the availability of high-quality 5G networks for American consumers and entrepreneurs. Under the terms of the proposed settlement, T-Mobile and Sprint must divest Sprints prepaid business, including Boost Mobile, Virgin Mobile and Sprint prepaid, to Dish. The proposed settlement also provides for the divestiture of certain spectrum assets to Dish. Deutsche Telekom AG, a German corporation headquartered in Bonn, Germany, is the controlling shareholder of T-Mobile US Inc.Sprint Corporation is a Delaware corporation headquartered in Overland Park, Kansas.justice.gov
People just received messages originally sent on Valentine's Day
Pixabay(CNN) - Text messages received overnight on Wednesday caused confusion, misunderstandings and even alarm for some recipients. The messages appear to have originally been sent on February 14, Valentine's Day, but were received more than eight months later with Wednesday's time stamp. The issue occurred across all four major carriers in the United States and affected both Apple and Android devices. Some said they received text messages from ex-boyfriends and ex-girlfriends that led to awkward conversations. The person who originally sent the text should have a record of the message in their archives.