Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
T-Mobile US on Tuesday announced that from January, customers will be able to carry forward any data left over at the end of each billing cycle into the next one.
At the end of the month, a subscriber’s data allowance will be reset as normal, but any unused data – rounded up to the nearest megabyte – will be logged automatically in their personal ‘Data Stash’, where it will be stored for up to a year and can be used as and when it is needed.
“Can you imagine your gas station siphoning unused gas from your car each month? The U.S. wireless industry is even worse,” said T-Mobile US chief executive John Legere, in a statement.
He said that consumers have been “gamed” into buying more data than they need in order to avoid exceeding their data allowance thereby incurring hefty overage charges. Original post at Total Telecom