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Sprint Nextel revealed their second quarter 2012 corporate earnings in a conference call to their investors today and S4GRU was covering for news on Network Vision.
Network thinning of the iDEN network is complete, taking 1/3 of Nextel towers off air. The Nextel network was built to support 20 million subscribers, but was only supporting 4.4 million subscribers, so it could easily be thinned without [much] noticeable change in street coverage. Sprint also converted 60% of the Nextel subscriber loss into their Sprint subscriber base. Interestingly, they stated that Verizon has been the biggest poacher of subscribers leaving Nextel, grabbing 50% of former subscribers in the last 4 1/2 years. In that same timeframe, Sprint has grabbed 25%, AT&T 20% and T-Mobile 5%.
On the Network Vision topic:
4 additional cities will launch, including Baltimore, by the end of August.*Edit* Cities were disclosed VIA press release following the conference call. They are:
Baltimore, MD Gainesville, GA Manhattan/Junction City, KS Sherman-Denison, TX
Over 2,000 sites are currently online with 12,000 sites to be online by the end of the year
Network Vision towers are seeing 10-20% additional voice minutes usage per tower, overnight after activating Network Vision. This will equal roaming savings for Sprint, and ESMR will only increase that savings.
CEO Dan Hesse confirmed that Sprint will be releasing the Motorola Photon Q "in the very near future." It will be a QWERTY slider "with robust business and consumer features." It will also be sporting world phone capability.
Several hundred Network Vision sites are waiting for backhaul, and will turn on when the backhaul is installed, several hundred more sites have birds nesting on them and Sprint won't be able to turn them on until the birds leave, according to the conference call.
Sprint sold 1.5 million iPhones during the quarter, even though other carriers saw slowing of sales with rumors ramping up that the new iPhone would support LTE. 40% of the iPhone sales were to new customers. They also stated that iPhone customers require less customer support and are expected to churn less than customers on other phones.
Mr. Hesse confirmed that Sprint is not looking to change plans in the near future.
Things are looking up for Sprint. This quarter saw their highest ARPU and their lowest churn rate to date. They posted a larger loss than Q1, but beat their revenue goals for Q2. For more detailed financial information, check the source link below.
http://finance.yahoo...-141200985.html -Thanks to S4GRU sponsor marioc21 for finding this link!
I'm here looking for answers to a simple question. Where is this mystery Sprint signal coming from? For the past few weeks I've received a signal on multiple Sprint devices, two Sprint devices with roaming turned off, and two Virgin Mobile phones and Virgin Mobile phones can't roam, the other rate plans might be able but I'm talk about Virgin Mobile devices from before they introduced all those other plans. What I'm making clear is these devices have to be picking up a Sprint signal, plus I've downloaded the SignalCheck Pro app which has indicated two different signals 1XRTT and 1X800.
The signal only last for about 8 hours each morning and begins coming in and out towards the end of each morning. I try making a call and it fails, and it doesn't get any data at all. I try each device and they all do the same thing they have a signal and very strong signal with no data, and voice doesn't go threw, I haven't tried sending a text figured no data, no voice then there must be no text.
I read about some "projects" that Sprint has going on Project Ocean and Project Cedar. Since Project Ocean is suppose to be taking place in Missouri and I live so close to the Iowa, Missouri line, I figured if there is a tower going up maybe it is possible I'm getting a signal from it, in the early stages. I really don't know what is going on, if Sprint is launching service, putting up new towers and that signal finally comes, and stays, and works. I'll be back full time on the Sprint ban wagon. Unfortunately, I live in an area not served by (according to experience and coverage map) Verizon, AT&T, T-Mobile and Sprint. Not even the two Iowa carriers i Wireless or Chat Mobility serve my area, go 10, 15 or 20 miles in any direction your good, here, wireless dead zone, no choice of carriers. And if Sprint puts a tower here if I finally get an answer and learn that signal will soon come and stay and work I'll finally have a choice.
So if anyone has any ideas, has experienced this in other parts of the country or has any idea what could be going on please say. Any information is better than not knowing, and together maybe this will be answered.
IBEZ will be solved SOONER, rather than later.
Which is a good thing. I would have liked for SoftBank to join the fight, because EVERYONE knows that their roaming rates are going to be abysmal with Sprint customers traveling to Mexico.
Is this a raw deal? Your thoughts?
I was in the zip codes of 33993 and 33991 today and did some speed tests on speedtest.net
I got speeds of about .8 Mbps with peek rates of 1 Mbps. I tried to upload pictures but the uploader said files were to large but even though they were below the maximum file size
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