Rather than network improvement, Sprint needs network acceleration. Just as he was aggressive in pricing and promotions, Sprint CEO Marcelo Claure has the opportunity to step on the gas to expand the 2014 2.5 GHz target and accelerate the 2015 rollout with at least 250 million POPs covered before the end of next year.
Verizon Wireless is likely going to lead the pack in terms of postpaid net subscriber additions in the third quarter, according to a research note from financial analysts at Jefferies. However, the analysts expect AT&T Mobility and T-Mobile US to also perform well, though they expect Sprint will continue to struggle to gain traction with its new plans and promotions.
Verizon Communications has hired TAP Advisors LLC to look into a sale of network assets including its cell towers, according to a Reuters report.
Verizon Wireless said it expanded its deployment of AWS spectrum to boost capacity for LTE service to 22 additional markets, making it available in four out of five of its LTE markets nationwide. Since the carrier has around 500 LTE markets in total, that brings the AWS deployment to roughly 400 markets.
Verizon Communications was opened up to the possibility of selling its wireless towers because of AT&T's agreement last year to sell and lease 9,700 of its cell towers to Crown Castle in a $4.85 billion deal, according to Verizon Communications CFO Fran Shammo. Financial analysts think that Verizon has around 12,500 to 15,000 towers and could be looking to sell a substantial portion of those.
Verizon Wireless is talking to content owners about the possibility of delivering their content over its LTE multicast network, but the sticking point appears to be the business model. Speaking at the 2014 Bank of America Merrill Lynch Media Communications and Entertainment Conference, Verizon Communications CFO Fran Shammo said that the company is currently talking to content providers but that there is "lots of work to be done on that ecosystem."
Verizon Wireless plans to introduce Wi-Fi calling in the middle of next year but does not see an urgent need for it, according to Verizon Communications CFO Fran Shammo.
Verizon Wireless started rolling out Voice over LTE service nationwide but is initially making VoLTE available on only two smartphones: the Samsung Galaxy S5 and LG G2. The carrier had promised that a " robust " lineup of devices would come with its VoLTE launch, and vowed that more will come soon.
Apple said it took a record 4 million preorders for its iPhone 6 and 6 Plus in the first 24 hours of availability, which started last Friday. The company did not say how many preorders it took during the first weekend of preorder sales; retail sales for the phones start Sept. 19.
Verizon CEO Lowell McAdam said the carrier's wireless postpaid retail net additions have grown 40 percent so far during the third quarter when compared with last year's period, when the company posted 927,000 additions. However, he said the carrier's margins will be pressured in the third quarter due to surprisingly sluggish sales of Verizon's handset upgrade program, called Edge.