Sprint Schedules 2Q 2014 Earnings Release

[Flompholph]

When those sites get fired on it'll be  drastic improvement in terms of data speeds as they'll be running 4x2 MIMO on the 8T8R antenna which most likely means 2 chains of 4x mimo for 2 sectors per antenna. AKA 6 sectors per cell site compared to the traditional 3 sectors which means more more more than 180 mbps of capacity per antenna  compared to the 37 + 37 of LTE 1900 & 800 of the NV 1.0 equipment.

Don't forget to multiply by number of carriers. There is alot of throughput per antenna.

[jamesinclair]

 

Is Carrier 2 AT&T? Carrier 3 tmobile?

[Rawvega]

Earnings call transcript:

 

http://seekingalpha.com/article/2358905-sprints-s-ceo-dan-hesse-on-q1-2014-results-earnings-call-transcript?part=single

[EvanA]

Is Carrier 2 AT&T? Carrier 3 tmobile?

By looking at the graph at http://www.rootmetrics.com/us/rsr/ord-airport/2014/1H, carrier 1 is T-Mobile, 2 is AT&T, and 3 is Verizon.  Verizon most likely has a DAS at O'Hare along with their "XLTE" AWS deployment.

[Flompholph]

Is Carrier 2 AT&T? Carrier 3 tmobile?

.http://www.rootmetrics.com/us/rsr/ord-airport carrier 1 T-Mobile, carrier 2 at&t, and carrier 3 Verizon.

 

Uh oh EvanA beat me

[Tajustin95]

It typically happens between 2 weeks and 6 months after LTE 800 is fired up on NV complete sites with backhaul in a given area.

 

Robert

Oh well that sucks San Jose, ca has no 800 yet

[jwang]

It's a painful process. I can say if Softbank didn't act fast enough to fire the former network chief who is responsible for the eCSFB disaster and that marketing company which made all those hesse commercial, Sprint will have much less customers than it holds now.

 

John Saw did a great job to accelerate LTE roll out and coordinate the roll-out of all 3 bands. Sprint in last 6 months catching up TMOBILE and put them in dust in LTE roll out.

 

Now is the time to bring out the re-priced plans. I expect they bring the plans out by the end of August. You have to appreciate the fact that Mr.Son always act so quick. And he doesn't like do too little to impress the audience. The re-priced plans will be good enough to stay there for a year at least. Today Hesse indicated that the company will have new prices for certain plans before holiday season. So it should not be later than mid Sep.

[sbolen]

Now is the time to bring out the re-priced plans. I expect they bring the plans out by the end of August.

 

I'm thinking "Back to School" would be a pretty good promotion, in conjunction with the Framily scheme. Who needs cheaper plans than college kids?

 

You'd pick up a ton of subs, the incentive is there to recruit others in the dorms, and mom and dad would likely foot the bill.

[EmeraldReporter]

It's a painful process. I can say if Softbank didn't act fast enough to fire the former network chief who is responsible for the eCSFB disaster and that marketing company which made all those hesse commercial...

 

I LIKED those commercials. If you didn't like them, then you're a socialist who believes in the 1% vs. the 99%. Edited July 31, 2014 by EmeraldReporter

[S4GRU]

I LIKED those commercials. If you didn't like them, then you're a socialist who believes in the 1% vs. the 99%.

 

It's nice that you like them.  But I fail to see how the counter opinion leads to the connection to socialism.  Not that I even want to encourage further discussion on this.

 

Robert

[caspar347]

Still nothing from The Verge. Funny thing is I'll bet the're gonna be all over the T-Mobile numbers tomorrow.

[jwang]

Still nothing from The Verge. Funny thing is I'll bet the're gonna be all over the T-Mobile numbers tomorrow.

 

It's all about the big money want everyone else to focus on TMOBILE.

Last spring to August almost every article was trashing Facebook when it was beaten from 32 to 22. Then they let it jump 30% in one day then triple to 75 this week.

[Rawvega]

Still nothing from The Verge. Funny thing is I'll bet the're gonna be all over the T-Mobile numbers tomorrow.

 

Same thing with Karl Bode over at DSL Reports. He's generally reported on Sprint's troublesome quarters the day that the numbers are released. When Sprint turns a profit, albeit a small one, for the fist time in years, nada. I'm sure he'll probably be gushing all over T-Mobile's "disruption" tomorrow.

[JimBob]

Sprint shares were beaten down today 3% despite the quarterly profit surprise. Bizarre.

[EvanA]

Sprint shares were beaten down today 3% despite the quarterly profit surprise. Bizarre.

Strangest part is that it opened and held around $8 until 11 EDT, then it just tanked.

[sbolen]

Sprint shares were beaten down today 3% despite the quarterly profit surprise. Bizarre.

Again, a tremendous opportunity to outsmart the street. I'm buying more S because at 7.76 (close today), it's undervalued. We know this. The street doesn't.

[JimBob]

Again, a tremendous opportunity to outsmart the street. I'm buying more S because at 7.76 (close today), it's undervalued. We know this. The street doesn't.

Well I already bought a crapload of Sprint this past year ranging from $6.08 to $7.69 . I just do not have any more cash unless I sell off my other stocks.

[jamisonshaw125]

It'll excite caspar to know that the articles are all over for Tmobile turning a profit this quarter. They did pretty good.

 

Edit: If they continue this, they should pass sprint in the next few quarters.

[sbolen]

It'll excite caspar to know that the articles are all over for Tmobile turning a profit this quarter. They did pretty good.

Legere:

We have completely reversed T-Mobile's trajectory and started a revolution that is changing the rules in wireless.

Stay away from the kool-aid.

[Conan Kudo]

Shares tanked yesterday because people realized that Sprint had no cash and the profit was "illusory" (word used by my analyst friend). Sprint has negative cash flow (meaning it was burning cash) with losing $496 million this last quarter after everything is said and done, including the $23 million in operating profit. 

 

Additionally, if you break out the metrics and figure out the ARPU mix, things don't look that good, either.

• -650K postpaid phones
• -70K postpaid mobile broadband
• +570K postpaid tablets (avg ARPU being 1/3 handset ARPU)
• -546K prepaid phones
• additional -77K prepaid due to churn out from USCC Midwest buyout

Consequently, Sprint did the following:

• Cut capex by at least a billion dollars
• Lowered guidance on net adds, cash generation, and churn
• Pushed out potential positive net adds to 4Q (likely due to near-guarantee gains for Christmas)
• Deprioritized 2.5GHz deployment for 2014 in favor of 800MHz
• Stated intent to deploy 2.5GHz in "capex-efficient manner" (read: substantially less deployment than originally planned)

This doesn't look very good to Wall Street, so shares fell.

 

[Paynefanbro]

 

• Deprioritized 2.5GHz deployment for 2014 in favor of 800MHz
• Stated intent to deploy 2.5GHz in "capex-efficient manner" (read: substantially less deployment than originally planned)

 

 

 

I don't know if I agree with these two points. Sprint repeated many times yesterday that they are still going to cover 100 Million customers with Band 41 by year end. There was no change in schedule in that regard. I simply think Sprint is being a bit more open about their 800MHz LTE deployment since it is currently easier and moving faster than the 2.5/2.6GHz deployment. Neither is in in favor at this point.

[milan03]

I don't know if I agree with these two points. Sprint repeated many times yesterday that they are still going to cover 100 Million customers with Band 41 by year end. There was no change in schedule in that regard. I simply think Sprint is being a bit more open about their 800MHz LTE deployment since it is currently easier and moving faster than the 2.5/2.6GHz deployment. Neither is in in favor at this point.

We know that in wireless industry an operator doesn't have to cover every inch of any given market in order to call it covered. They can still "cover" 100 million pops by deploying to highly populated urban markets, but have a very low site completion (sub 50%) since it's an overlay.

The term is highly unregulated and operators love to interpret it to their own liking.

[bigsnake49]

We know that in wireless industry an operator doesn't have to cover every inch of any given market in order to call it covered. They can still "cover" 100 million pops by deploying to highly populated urban markets, but have a very low site completion (sub 50%) since it's an overlay.

The term is highly unregulated and operators love to interpret it to their own liking.

So you're saying everybody's lying .

[Deval]

The reason why I am asking is that my daughter lives and works around midtown and I am hesitant to recommend that she switch to Sprint before the end of the year.

 

I'm sitting in midtown right now on Spark.

[S4GRU]

Ahhh yes. BGR waited until it could compare Sprint to Tmo: http://bgr.com/2014/07/31/t-mobile-vs-sprint-prices/

 

It couldn't write a hit piece on just yesterday's news alone.

 

Robert via Samsung Note 8.0 using Tapatalk Pro