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Sprint Is Expanding Its Equipment Business

Sprint Is Expanding Its Equipment Business

Sprint (S) has partnered with electronics manufacturer HTC to make a 5G mobile hotspot. The device is scheduled to arrive in the first half of 2019, when Sprint expects to have launched its mobile 5G network in nine cities in the United States. Verizon (VZ) activated its fixed 5G network in four cities in October, while AT&T (T) is aiming to roll out mobile 5G services in up to a dozen cities by the year’s end.