Sprint CFO Discusses NV at Conference

[marioc21]

Joe Euteneuer, CFO, gave a presentation at the e Deutsche Bank Media, Internet & Telecom Conference. Discusses, Framily plans, 800 LTE, carrier aggregation and other topics. Not sure there's anything really new but it might be worth listening too.

 

Some stories related to the presentation:

 

FierceWireless

http://www.fiercewireless.com/story/sprint-cfo-sky-isnt-falling-management-working-softbanks-son/2014-03-10

 

Light Reading

http://www.lightreading.com/mobile/4g-lte/sprint-sparks-to-reduce-churn-save-unlimited/d/d-id/708153?&_mc=SM_LR_Edit

 

 

Audio of Interview - http://www.media-server.com/m/p/f5h4dtaq

[nmbr1scoobs]

"Sprint is also managing the network far tighter than it ever has before, including shutting down those "five to 10 people that decide they want to run server farms" pretty quickly. "We run that very, very tightly, and I feel good that unlimited does have some legs and longevity," Euteneuer said."

[floorguy]

Like i said ....great plan, great idea......but they have completely screwed the pooch on how it was rolled out and handled

 

Euteneuer also said that Sprint has been pleased with how its new "Framily" plans have been received in the market. "It's clearly been well received," Euteneuer said of the Framily plans, which represent Sprint's response to price cutting from other carriers including T-Mobile US. "Maybe it's done a little better than expectations."

Still, he said it is too early to provide specifics on how Framily plans have impacted gross subscriber additions, adding that the plans have only been in the market since mid-January and that Sprint is still working to expand them beyond Sprint-branded retail stores to other distributors.

Read more: Sprint CFO: The sky isn't falling, management is working with SoftBank's Son - FierceWireless http://www.fiercewireless.com/story/sprint-cfo-sky-isnt-falling-management-working-softbanks-son/2014-03-10#ixzz2vcPZ00h7 
Subscribe at FierceWireless

 

I heard a handfull of people in the store confused by it.....and yes i would say some of those, want to abuse it....

 

on a side note......my 1st bill came, and no issues on it, received the credit just like I should      

[halcyoncmdr]

Like i said ....great plan, great idea......but they have completely screwed the pooch on how it was rolled out and handled

 

Euteneuer also said that Sprint has been pleased with how its new "Framily" plans have been received in the market. "It's clearly been well received," Euteneuer said of the Framily plans, which represent Sprint's response to price cutting from other carriers including T-Mobile US. "Maybe it's done a little better than expectations."

Still, he said it is too early to provide specifics on how Framily plans have impacted gross subscriber additions, adding that the plans have only been in the market since mid-January and that Sprint is still working to expand them beyond Sprint-branded retail stores to other distributors.

Read more: Sprint CFO: The sky isn't falling, management is working with SoftBank's Son - FierceWireless http://www.fiercewireless.com/story/sprint-cfo-sky-isnt-falling-management-working-softbanks-son/2014-03-10#ixzz2vcPZ00h7 

Subscribe at FierceWireless

 

I heard a handfull of people in the store confused by it.....and yes i would say some of those, want to abuse it....

 

on a side note......my 1st bill came, and no issues on it, received the credit just like I should      

 

The reason people are confused is simple... it's different than everything the industry has done in the US since it's inception. It's not a hard concept to follow if you break it down into each of the separate pieces.

 

Plan - $55 (discounted $5 for each Framily member you add, to a low of $25). 1GB data included, $10 for 3GB, or $20 for unlimited and an annual upgrade.

 

Phone Cost 1 - You buy the phone on Easy Pay and pay installments for 24 months (amount varies depending on device). You pay taxes and maybe a down payment in store. No contract.

 

Phone Cost 2 - You buy the phone subsidized, $15 subsidy cost is added to monthly bill and you pay the discounted price on the phone in store that day. 2 year contract. After subsidy term is met, the $15 cost drops from the line automatically, reducing your bill.