logo  
Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?

Register
    

Jeff Kagan: Status Report of Sprint Network Upgrade

By  +Follow July 1, 2014 2:18PM
Share:
Tickers Mentioned:

Sprint, Sprint Wireless, Softbank, T-mobile merger, AT&T Mobility, Verizon Wireless

One of the more interesting stories this year is about the transformation the Sprint (S) wireless network is going through. After Softbank acquired part of Sprint last summer they started pouring in billions of dollars ripping out the old network and installing brand new gear. So what is the status of the new Sprint update? Let’s take a look.

Sprint held a conference in Chicago June 23 to update the community. While initial views of many going into this meeting were mixed, most were impressed with what they saw and heard.

So far, I like what I am seeing and hearing.

Sprint is continuing the build out of their new Network Vision and Sprint Spark. Based on what I am witnessing, I think things should continue to improve for the nation’s number three wireless carrier in coming quarters.

At the meeting were CEO Dan Hesse, Chief Network Officer Dr. John Saw and others Sprint executives. Saw gave a rooftop cell site tour where he shows the Sprint network in action. He pointed to various features for voice and data for each Network Vision station.

It appears that in downtown Chicago, Sprint has consistently fast LTE upstream and downstream speeds. If this represents what Sprint will look like going forward, I think they could turn into a real competitor once again.

This was impressive. The next question I have is how quickly can they roll out this faster and better service to all their customers over their entire network?

Sprint Has Accomplished Much this Year

I would say the Sprint rollout will look similar to what we see with AT&T Mobility (T) , Verizon Wireless (VZ) and T-Mobile (TMUS) . Carriers seem to start out in the center of cities then build out to cover the entire market area around each city.

With that said, when will you see service improvements? It depends where you live and work and spend time. Some cities will be earlier and others will be later, but the entire Sprint network is heading in the right direction. This entire build out should still take several quarters.

It’s important to keep things in perspective. Sprint and Softbank had a long road ahead of them when they started this journey less than a year ago. So far they have shown significant improvement in certain markets. However there is still much work to be done.

So if this meeting were a status report, I’d say Sprint is doing the right things and getting better, faster and stronger, quarter-by-quarter.

We are starting to see the promise of what this new Sprint network will deliver to the industry meaning customers, partners and investors.

The network appears to be fast, it is high quality, it is clear, it is secure and it can handle quite a bit of voice and data traffic without getting bogged down.

Building From the Big Cities Out

This Chicago event said nothing about the potential T-Mobile merger. Instead it did shed light on where Sprint stands today and the direction they are heading in.

Sprint was impressive in Chicago.

There is still quite a bit of network build out that has to occur. Sprint will start offering this new service in the downtown areas of cities nationwide. Then they will spread further throughout the cities over time.

We must evaluate Sprint like we do AT&T Mobility, Verizon Wireless and T-Mobile. Every wireless carrier takes time to continually upgrade their networks. No carrier updates the entire network all at once. They update bit-by-bit over several years.

That’s what the build out from 2G to 3G to 4G and beyond is all about. Every carrier today is completing their 4G build out, but they still have plenty of locations on a variety of technologies including slower speeds in pockets around the nation. That’s the way wireless builds out.

It’s the same with Sprint. Over the next few quarters we will start to see them offer this powerful and fast network in more locations around the country.

As customers use this service if the quality and speed and reliability continue to be as good as Chicago, things could start to improve pretty rapidly for Sprint.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.


Liked What You Read? Join Equities.com as a contributor and get eyeballs on your content FOR FREE!

Results for S
Life's Good
31 Oct 14 22:46:14
@MaryAnneMacedon @rkd993 @KimWellsMP Same in NSWRFS. Lucky residents pitch in $s, volunteers & families pitch in time!
びLoTheDonBabyび
31 Oct 14 22:43:15
$20s $50s $💯s Bitch I'm stuntin
#TraderJ1
31 Oct 14 21:09:25
ended up buying more 7.00 calls in Sprint, and hedged with some 5.00 puts as well next week should be interesting $Sprint $S
John Evanochko
31 Oct 14 19:31:05
@Bergg69 But @ great slush fund with which to buy votes with taxpayers own $s., eh?
Adam Offerman
31 Oct 14 19:28:26
RT @PipsToDollars: Earnings MONDAY $HLF Herbalife $S Sprint TUESDAY $BABA $PLCN Priceline WED $WFM
lachiemc
31 Oct 14 19:26:17
RT @mymeggles: @LiberalVictoria why do I want you hypocrites using my tax $s to be telling me this
yes
{Love M LIFE}
31 Oct 14 19:25:15
Mohammad ali {Love $s$ LIFE}
kenr0966
31 Oct 14 19:11:18
RT @PipsToDollars: Earnings MONDAY $HLF Herbalife $S Sprint TUESDAY $BABA $PLCN Priceline WED $WFM
Joshua Payne
31 Oct 14 19:11:02
RT @PipsToDollars: Earnings MONDAY $HLF Herbalife $S Sprint TUESDAY $BABA $PLCN Priceline WED $WFM
Don Bartkowiak
31 Oct 14 19:10:52
@gigatowngirl @RodBaxy not only $ 4 winning but investor $s will follow when #gigatownnsn pushing data at speed of light
Leilani Pips
31 Oct 14 19:10:39
Earnings MONDAY $HLF Herbalife $S Sprint TUESDAY $BABA $PLCN Priceline WED $WFM
Leilani Pips
31 Oct 14 18:45:12
RT @turtle9794: @PipsToDollars What do you thonk about $S sprint for monday earnings?
Hedge Fund Turtle
31 Oct 14 18:44:04
@PipsToDollars What do you thonk about $S sprint for monday earnings?
fisheye
31 Oct 14 17:27:53
Could it really be a million $s was spent on #Ebola political scare ads across #USA? How much #healthcare could be bought for #Americans?
Barbara J Ferrell
31 Oct 14 17:09:00
#foxnews Bush? Another one? Forgotten Prescott, GHWB's S&L scandal & all GWB did? What giant corporations need taxpayer $s 2 put in JB?
Shiiloo S. Buttaa
31 Oct 14 16:43:06
RT @cobbo3: I hear bankers from allover the world calling #BurkinaFaso prez Compaore asking what he plans to do with his millions of $s if …
BOSSY Kat MC
31 Oct 14 16:42:36
@rightnowio_feed @wave3news @Jonnmichelle why be surprised, it's what theyre taught. Obama is still taking my tax $s & giving it to the lazy
Grenville
31 Oct 14 15:33:24
RT @txlaw_v2: Amazing John Legere interview at Re/Code Mobile. If you're interested in wireless, check it out: http://t.co/7fbiMH4iTi $T…
KarenSL
31 Oct 14 15:18:35
@Heritage Who r the fellow Americans who thought this was a worthy cause 2 spend Taxpayer $s on-during a time Americans r homeless & hungry?
Quantpost Technology
31 Oct 14 14:52:01
$T News: "Stock Screen: Established Growth Stocks $T $DTV $S $MTZ …" http://t.co/ow6Wtergkb Board view: https://t.co/9Bb5uozwqc
Seeking Alpha
31 Oct 14 14:52:01
Stock Screen: Established Growth Stocks http://t.co/tRu0Y3g6kL $T $DTV $S $MTZ
WS BULLY
31 Oct 14 14:04:52
Im grabbn $s sprint calls big ass buys http://t.co/Fi3Izjc5L6
smart-ticker.com
31 Oct 14 13:30:10
Market closed: $S&P(^IXIC)(+23.4 1.16%), $NAS(^GSPC)(+64.6 1.40%) and NY Vol% 118 and NAS Vol% 117 http://t.co/8e1w9aBXUB
David Rohde
31 Oct 14 13:29:25
$S earnings next week: What's left for them after big TMo sub numbers & 1M+ new tablet subs for $VZ? My blog thoughts http://t.co/u2dKL4BaZv
Zak
31 Oct 14 13:19:59
1st post, on tweeter, goes to errybooty put der dat likez $s. hmu snapchat kik # idrc just text me in some way shape or form. toodle oos!
P. Ricatti
31 Oct 14 13:18:50
RT @WrigleyTom: Some Earnings (to start the week) ➜ Monday $CYOU $CHD $SOHU $FN $HLF $NTRI $RKUS $S $SALE ➜ Tuesday $BABA
TrollColors
31 Oct 14 13:10:27
Now good time to look into buying space stocks: space is one of the 'next big things'; getting there cost more then just $s: it cost heroes.
#TraderJ1
31 Oct 14 13:08:35
RT @BlockTradeAlert: BLOCK TRADE: $S 250,000 shares @ $5.94 [14:20:37]
#TraderJ1
31 Oct 14 13:08:32
RT @BlockTradeAlert: BLOCK TRADE: $S 444,000 shares @ $5.94 [14:21:31]
#TraderJ1
31 Oct 14 13:08:28
RT @BlockTradeAlert: BLOCK TRADE: $S 280,300 shares @ $5.94 [14:24:16]
Hammer D. Lane
31 Oct 14 13:03:59
RT @Briefingcom: Upcoming #Earnings conference calls, webcasts http://t.co/dlabvkqtAz $CYOU $ACXM $SALE $S $CVS $EL $HLF $DISH $JAZZ $PBPB …
Briefing.com
31 Oct 14 13:03:03
Upcoming #Earnings conference calls, webcasts http://t.co/dlabvkqtAz $CYOU $ACXM $SALE $S $CVS $EL $HLF $DISH $JAZZ $PBPB $Z $S
Tom Wrigley
31 Oct 14 12:59:47
Some Earnings (to start the week) ➜ Monday $CYOU $CHD $SOHU $FN $HLF $NTRI $RKUS $S $SALE ➜ Tuesday $BABA
John K. Bramfeld
31 Oct 14 12:58:36
RT @billho888: @johnbramfeld Yes CapEx guided down in '14. What a nice segue to plug my article again http://t.co/mejjSE3u2J $S
Bill Ho
31 Oct 14 12:55:19
@johnbramfeld Yes CapEx guided down in '14. What a nice segue to plug my article again http://t.co/mejjSE3u2J $S
Kevin B. Bantz
31 Oct 14 12:53:00
Commented on StockTwits: I wouldn't play $S just because it's $6. Ask the $JNUG $GLD folks about a 'great deal'... http://t.co/Y0LU2AsgEi
John Smith
31 Oct 14 12:37:24
$AVNR - another 1m shares at close to be purchased by Russell 1000 #breakingnews #cnbc $shpg $cmrx $tkmr $ibio $SHPG $wfc $bac $s $ctic
Eternity101
31 Oct 14 12:19:01
RT @WSConsensus: EPS 11/3 after the close: $S, $DRYS, $AIG, $FTR, $MRO, $CFN, $GRT, $SRC, $ANV, $CTRP, $HLF, $GERN http://t.co/NnbI54fKwA
WallStreetConsensus
31 Oct 14 12:18:18
EPS 11/3 after the close: $S, $DRYS, $AIG, $FTR, $MRO, $CFN, $GRT, $SRC, $ANV, $CTRP, $HLF, $GERN http://t.co/NnbI54fKwA
AAS
31 Oct 14 12:16:53
Many years of hardwork & billions of $s down the drain | 1 pilot dead, 1 injured after Virgin spacecraft crashes in California desert
TrollColors
31 Oct 14 12:15:08
Test fail; space flight dangerous; those risking life for mans future heroes; progress cost more then $s; @virgingalactic et. al. continue.
WordPress Digest
31 Oct 14 12:14:43
RT @qualitywpt: Royalty Free Music For Websites, Videos, And Audio Presentations - buy now $S.ninety nine [ad_1]... http://t.co/7u6Tn90icB…
Bill Ho
31 Oct 14 12:05:39
#Sprint new org intriguing - #Softbank's Miyakawa has CTO Bye & CNO Saw reporting to him. Shows urgency of 2.5 w/experienced TDD hand $S
David Nichols
31 Oct 14 12:04:57
$S looks really cheap going into earnings. Looking for big upside.
Leslie Collins
31 Oct 14 11:48:37
RT @Tech_KCBJ: T-Mobile's CEO scorns #Royals, #Sprint: http://t.co/s08eQ2Uc6C $S
4-traders.com
31 Oct 14 11:40:04
Vanda Pharmaceuticals : U.S. Patents Awarded to Inventors in Kansas (Oct. 31) http://t.co/4xIUQH01wk $VNDA $S
martinwolf
31 Oct 14 11:33:53
SoftBank ($9984.T) CEO Masayoshi Son is one smart Cal bear. He'll make $S work too $baba $4689.T http://t.co/njbfX1c3KQ
Kym L
31 Oct 14 11:28:07
Earnings Monday before the bell $SOHO $MNKD $ARNA $NSP and after $AIG $AGU $HLF $MRO $S (per Zacks) also $DRYS $HTZ $KREX
BlockTradeAlert
31 Oct 14 11:24:17
BLOCK TRADE: $S 280,300 shares @ $5.94 [14:24:16]
BlockTradeAlert
31 Oct 14 11:21:32
BLOCK TRADE: $S 444,000 shares @ $5.94 [14:21:31]
				
				
By  +Follow July 1, 2014 2:18PM
Share:

Comments

 

blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.