Former Sprint CEO Dan Hesse told FierceWireless that he regrets causing so much disruption to Sprint customers when the company embarked on its Network Vision network modernization initiative.
Former Sprint CEO Dan Hesse said he regrets causing so much disruption to Sprint customers' service as Sprint plowed through its Network Vision network modernization in 2013 and into 2014. However, he said despite the pain for customers, which was more than he had anticipated, Sprint's network upgrade laid the foundation for what will be a "spectacular" network.
Sprint has been talking about the unique benefits of its 2.5 GHz spectrum for years--first when its partner Clearwire owned it, and then after Sprint bought Clearwire. They're still talking about how it's a differentiator. Yet unless and until Sprint fully takes advantage of that spectrum, I don't see it making meaningful market share gains or standing out from its competitors.
Sprint plans to significantly expand its LTE network by adding potentially up to 20,000 cell sites and repurposing existing sites, according a source. These plans are much more extensive than those reported by Sprint blog S4GRU, which said Sprint is planning to add 9,000 cell sites to its network.
Sprint reported a wider loss and slightly less revenue than analysts had expected, and the carrier said it plans to cut another 2,000 jobs. However, the carrier said that its recent pricing overhaul has generated interest, and that its results during September indicate it is beginning to reverse years of subscriber losses.
Sprint indicated it is cutting more jobs as it seeks to slim down and become more efficient amid intensifying competition. Sprint did not say how many jobs it is planning to cut, but the cuts come on top of at least 1,400 the company made earlier this year.
Sprint CEO Dan Hesse said the carrier is testing a variety of new pricing options, including plans that could spur more customers to pay for devices through equipment installment plans.
Sprint CEO Dan Hesse confirmed on the company's second-quarter earnings conference call that the carrier is trialing new rates plans in certain markets to determine if it should introduce more competitive pricing nationwide.
Sprint is likely going to report brutal subscriber losses in the second quarter, according to financial analysts. That will be largely the result of Sprint's 3G CDMA network upgrade, which has temporarily resulted in degraded service as the carrier works to improve coverage, call quality and network speeds. In response, the analysts said, Sprint will likely cut prices in the near term to remain competitive.
Sprint will need to roll out an additional 30,000-40,000 transmission sites if the carrier wants its 2.5 GHz TD-LTE network to reach coverage parity with its 1.9 GHz networks, according to the head of American Tower.