Dish Network is optimistic that the trials it is conducting with Sprint (NYSE: S) and nTelos Wireless to supply fixed broadband via 2.5 GHz TD-LTE service can turn into an actual business, according to Dish executives.
Sprint CEO Marcelo Claure has been on the job for less than three months and has already taken several steps to revamp the carrier's business. However, financial analysts say that, in light of the company's gloomy third-quarter results, Claure will need to be much more aggressive in shaking up Sprint's business model if he wants to return the carrier to subscriber growth and financial profitability.
The third-quarter earnings season is coming to a close, so now it's time to see how the nation's top wireless carriers stacked up against each other in terms of key metrics. Jackdaw Research analyst Jan Dawson has assembled these slides that provide an in-depth look at how the largest carriers fared in the quarter.
Jackdaw Research analyst Jan Dawson has assembled these slides that provide an in-depth look at how Verizon, AT&T, Sprint and T-Mobile performed in the third quarter. Dawson also covers América Móvil's U.S. MVNO, TracFone Wireless, which is by far the nation's largest MVNO. Dawson's research covers relatively standard metrics including revenue growth and net adds, but also includes deep dives into prepaid vs. postpaid performance, subscriber acquisitions vs. losses, and net additions by device type.
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.
Verizon Wireless and AT&T Mobility are working to ensure that Voice over LTE calls made by customers on the different carriers can interconnect with one another. The two carriers said they are going to enable VoLTE-to-VoLTE connections in 2015.
Sprint wholesale partner nTelos Wireless is evaluating the early results from its trial of fixed TD-LTE service in partnership with Dish Network, and will look at how the network is handling heavier loads of data before deciding whether to expand the offering to more markets.
Sprint is expected to report weak subscriber results for the third quarter, according to estimates from financial analysts, but an even bigger spotlight will be on new CEO Marcelo Claure's vision for reviving the company's results and boosting its network performance.
A total of 70 companies have qualified to bid in the FCC's upcoming AWS-3 spectrum auction, which starts Nov. 13 and will be the country's largest spectrum auction since 2008.
Sprint named an executive from its parent company SoftBank as its new top network executive. The posting comes at a time when sprint is trying to catch up to its rivals in LTE network coverage and expand its deployment of its tri-band Spark LTE service, especially via TD-LTE using 2.5 GHz spectrum.