Marcelo Claure, Town Hall Meetings, New Family Share Pack Plan, Unlimited Individual Plan, Discussion Thread

[caspar347]

Well I guess it's good that they're bothering to disable it in strained areas? I guess? Trying to find a positive to this and that's all I can come up with.

 

I guess it's useful for the specific use case of unexpected hour-long downtime in a WiFi-less environment where watching Netflix is socially acceptable/allowed. I can count the number of places where I'd want to stream on a whim with no WiFi available and be willing to pay $3 for it on one hand. And I'm in those places a couple times a year.

[Arysyn]

Oh heck no! That's the grand ripoff!

 

 

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Next step there will be day passes for $30 and monthly for $300, though that might be when Shammo is officially gone from Verizon, and they call it "unbounded" data, different than unlimited, of course. ????

[radem]

That is only $2,160 per month for unlimited data if you pay $3 per hour.  Now granted, you may not need unlimited data more than about 8 hours a day so you might be able to chop that down to $720 per month.  

[NYC126]

Sprint preliminary results

 

The company sees FQ2 net operating revenue of $.825B, up 3% Y/Y, and wireless net operating revenue of $7.85B up nearly 5%.

Net loss of $142M vs. $585M a year ago, with this quarter's result boosted by a non-cash gain of $218M.

Operating income of $622M vs. a $2M loss a year ago, again boosted by that non-cash gain ($354M pretax).

Adjusted EBITDA of $2.35B up 17% Y/Y.

Adjusted free cash flow of $707M vs. a negative $100M a year ago.

Total Sprint platform net additions of 740K during quarter, including postpaid net additions of 344K, prepaid net losses of 427K, and wholesale and affiliate net additions of 823K.

Total postpaid churn of 1.52% slipped two basis points, and postpaid phone churn of 1.37% was lowest in company

[kg4icg]

Oh SprintNYC, you beat me to it, oh well.

[marioc21]

Sprint preliminary results

 

The company sees FQ2 net operating revenue of $.825B, up 3% Y/Y, and wireless net operating revenue of $7.85B up nearly 5%.

Net loss of $142M vs. $585M a year ago, with this quarter's result boosted by a non-cash gain of $218M.

Operating income of $622M vs. a $2M loss a year ago, again boosted by that non-cash gain ($354M pretax).

Adjusted EBITDA of $2.35B up 17% Y/Y.

Adjusted free cash flow of $707M vs. a negative $100M a year ago.

Total Sprint platform net additions of 740K during quarter, including postpaid net additions of 344K, prepaid net losses of 427K, and wholesale and affiliate net additions of 823K.

Total postpaid churn of 1.52% slipped two basis points, and postpaid phone churn of 1.37% was lowest in company

 

Reading the 8-K filings it looks like total platform churn of 1.52% improved by two basis points year-over-year. So it actually decreased from the 3rd quarter number last year. 

 

Here's the filing for anybody who wants to read:  https://www.sec.gov/Archives/edgar/data/101830/000119312516740226/d268385d8k.htm

[kg4icg]

But I do have something to report. This just came in http://newsroom.sprint.com/news-releases/sprint-customers-can-now-enjoy-unlimited-data-on-a-tablet-for-20month.htm?view_id=8696

[Hmight]

Reading the 8-K filings it looks like total platform churn of 1.52% improved by two basis points year-over-year. So it actually decreased from the 3rd quarter number last year. 

 

Here's the filing for anybody who wants to read:  https://www.sec.gov/Archives/edgar/data/101830/000119312516740226/d268385d8k.htm

 

Progess, this is awesome.  I expect postpaid numbers will continue to grow with the new tablet unlimited plan.  Adjusted FCF is also looking to be positive for the year, possibly a change in guidance next week.  

[mnjeepmale]

Sprint stock doesn't seem to like this news this morning. Started high now dropping.

[Hmight]

Sprint stock doesn't seem to like this news this morning. Started high now dropping.

 

Could be anything, short sellers to people cashing out.  Network expenditure has not picked up from the last quarter, but I doubt this triggers the sell off. 

 

Any case, all signs point to Sprint is growing and adjusted FCF is positive with this momentum.  Stock has nowhere to go but up. 

[dkyeager]

Bloomberg's story with their comments: https://www.bloomberg.com/news/articles/2016-10-18/sprint-third-quarter-user-gains-sales-top-analysts-estimates

[bigsnake49]

For me, it's the FCF measure that's more important. Now I know that Sprint has a few loans coming due that it needs to pay off so I can understand their emphasis on generating cash. But eventually they need to start spending more money on their network. I hope they don't find themselves in the same quandary that they found themselves between 2005 and 2012.

[utiz4321]

You can't starve the network. The net additions are good news but they won't be able to keep this up if the network isn't fed.

 

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[BlueAngel]

Glad to see more gains, keep it going Sprint.

 

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[smooth25]

Not sure if this was already posted but the Sprint HTC Bolt was approved.

http://www.phonearena.com/news/The-HTC-Bolt-is-certified-by-the-FCC_id86730

 

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[WiWavelength]

Nothing quite like a backhanded compliment from Roger Cheng.  Really.  Totally serious.  Believe it or not.

 

https://www.cnet.com/news/sprint-customers-are-returning-in-droves-really/

 

AJ

[kct1975]

I would think that if someone gets the service for free and it works well for them. Perhaps after getting out of school they might stick with the provider that gave them free service.

 

Again that's assuming the perspective customers are loyal which probably wouldn't be the case but I'd like to hope...

I completely agree!

 

As silly as it may sound...when I turned 18, I received a really nice Gillette Sensor razor in the mail from the company as a sort of birthday present.

 

Since then, I have been a loyal Gillette customer.

 

My point is that if a company gives someone something nice once, the person is likely to become a loyal customer in the future.

[Jones]

I completely agree!

 

As silly as it may sound...when I turned 18, I received a really nice Gillette Sensor razor in the mail from the company as a sort of birthday present.

 

Since then, I have been a loyal Gillette customer.

 

My point is that if a company gives someone something nice once, the person is likely to become a loyal customer in the future.

A Gillette razor was waiting for me in my freshman dorm room. I haven't even tried other razors since then.

[Arysyn]

A Gillette razor was waiting for me in my freshman dorm room. I haven't even tried other razors since then.

The Gillette ProShield with Flexball is an excellent razor. I don't use it exclusively though, as I pair it with the Schick Xtreme 3 Ultimate. Both in combination during use provides a great shave...

 

Although, I hate shaving. Even more so than setting up Android on a new smartphone, which is irritating enough for me.

[danlodish345]

The Gillette ProShield with Flexball is an excellent razor. I don't use it exclusively though, as I pair it with the Schick Xtreme 3 Ultimate. Both in combination during use provides a great shave...

 

Although, I hate shaving. Even more so than setting up Android on a new smartphone, which is irritating enough for me.

Androids are a pain to set up

 

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[dnicekid]

Att trying to close a deal time warner, by tonight. I can't see that as a positive for sprint? More like someone will have to buy dish.

I can see vzw/Comcast buying dish which would then give sprint/Tmo the argument of needing to merge in order to compete on the wireless side as the others will be offering some serious bundling.

Only time will tell

[tybo31316]

Att trying to close a deal time warner, by tonight. I can't see that as a positive for sprint? More like someone will have to buy dish.

I can see vzw/Comcast buying dish which would then give sprint/Tmo the argument of needing to merge in order to compete on the wireless side as the others will be offering some serious bundling.

Only time will tell

This needs to be blocked ASAP

[danlodish345]

This needs to be blocked ASAP

I smell Monopoly coming

 

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[Paynefanbro]

Bell got broken apart and AT&T is slowly trying to build it back together bigger and better than before.

 

Edit: I realize my post might come off as me supporting this but I don't. I don't want this to happen at all for the sake of competition.

[danlodish345]

Bell got broken apart and AT&T is slowly trying to build it back together bigger and better than before.

Will they need to be broken apart and stay broken we need competition from Sprint and T-Mobile rooting for Sprint more or less. This Monopoly has to be stopped no matter what I hope the government acts it before it even happens

 

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