Sprint is in big trouble—and knows it
Among Sprint’s challenges:
Sprint continues to lose customers “despite Sprint’s aggressive attempts to add subscribers and thereby gain...
Scale,” which is “exacerbating its scale disadvantages compared to larger competitors.”
Sprint’s LTE network is smaller than those of its rivals, forcing it to engage in “costly” roaming agreements.
Within Sprint’s network footprint, “the propagation limitations of its 2.5 GHz spectrum, coupled with an inadequate density of cell sites equipped with 2.5 GHz radios, result in significant coverage gaps in the 2.5 GHz layer.”
Sprint is only going to deploy 5G on its 2.5 GHz spectrum, and only in dense urban areas, because it doesn’t have enough low-band spectrum for 5G and because it will be too expensive to deploy 5G on its 2.5 GHz spectrum nationwide. Moreover, Sprint is going to deploy massive MIMO—the carrier’s stepping stone to 5G—in areas that are currently congested, meaning that its 5G network “will not be contiguous.”
Sprint continues to suffer from a “negative perception” of its network among Americans—“in fact, Sprint is the only major carrier with a rising churn rate.”
Sprint’s finances are challenged, to say the least. “Sprint’s service revenue and ARPU have been declining for at least five years, with total service revenue falling around 25 percent from 2013 to 2018, and postpaid ARPU falling approximately 30 percent. Sprint also has a current net debt of approximately $32 billion and is the most highly leveraged company in the S&P 500,” the carrier wrote.
Reading this list was really depressing...
That’s dope. I’m glad it’s worked out for you and to be able fully utilize your device with the VoLTE and stuff. You’ll be right back on B41 next year like you never left. I’m sure T-Mobile will really put it to use.
Looking back I wish Dish acquired Sprint too. I think the two would have been great since they could offer many services to consumers and not to mention Dish had a good amount of Spectrum at that time.
What Sprint and T-Mobile are trying to accomplish right now is what Dish and Sprint could have done years ago.
Now they are trying to sell this merger so they are painting the financial situation as bleak as possible but I have long said that Sprint is not sustainable on its own without some major investment by their parent who was unwilling to invest in it. I almost wish that Dish had acquired them.