Sprint CEO Marcelo Claure revealed this week that the carrier will leverage the COPA America soccer tournament in June to demonstrate 5G capabilities with the help of Nokia and Ericsson, and it looks like those demos could be conducted in Philadelphia and Santa Clara, Calif.
Prepaid customers have long been almost an afterthought for most major U.S. network operators, who have opted instead to focus on postpaid users who often generate higher ARPU and lower churn. But as the growth of smartphone sales slows-- and as the gap between prepaid and postpaid ARPU narrows-- carriers are increasingly focused on the prepaid segment.
Sprint continues to improve its liquidity as it defers-- or is forced to defer-- network spending. But whether that's a winning combination is far from clear.
Sprint is rapidly losing prepaid customers, and its self-branded prepaid phones are disappearing from retail stores as the carrier prepares to relaunch its Virgin Mobile brand in an effort to boost sales in that market.
CommScope said Sprint has committed to "an extensive deployment" of its small cells in small to medium-sized business locations. And the deal appears to signal Sprint's eagerness to expand its presence in the managed Wi-Fi market.
It turns out T-Mobile US wasn't the only major U.S. wireless carrier to see positive growth in net postpaid phone customers in the latest quarter after all. Sprint said it scored 22,000 postpaid phone net additions in the quarter, marking its third consecutive quarter of positive growth.
Sprint said it will merge its Assurance Wireless brand with Access Wireless in a tie-up of Lifeline service providers.
The nation's five largest mobile carriers are backing an initiative that would help them to share information and fix network outages during disasters and other emergencies.
Sprint wholesale partner Shenandoah Communications posted $13.9 million in net income in the first quarter, marking a year-over-year increase of 35 percent. But its cable and wireline business drove the lion's share of its revenues.
Sprint announced two new funding deals aimed at providing an additional $3.1 billion in liquidity as the company continues to try to make ends meet this year.