marioc21
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Posts posted by marioc21
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Maybe sprint is trying to get more funds for network vision.
Sadly I doubt that Sprint made money on the sale of those Clearwire shares. More than likely they either broke even or lost money.
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Saw this today. Thought it was interesting. No mention as to what Sprint's voting percentage is now. I know it had been under 50% already. Wonder how much further this takes it.
http://biz.yahoo.com...11/clwr8-k.html
More info:
Sprint's economic interest fell below 50% after Clearwire issued sold new shares recently. That dropped their ownership below 50%. So Sprint is selling off shares to match their voting share with their ownership share. Still no word on what those percentages are.
http://finance.yahoo.com/news/sprint-says-no-longer-clearwire-141552220.html
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I don't understand why unlocking VM's 4S isn't a option. It isn't even being remotely subsidized.
It may not be an option from Sprint. But I don't think there's anything stopping you from unlocking it yourself.
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Sort of surprised that they went with the 550/650 price point. Not sure how many prepaid iPhones they will sell.
At any rate, sprint stated that it's not expected to have any material impact on 2012 earnings.
At least it's prepaid.
I imagine the reason is that they don't want customers moving from Sprint to Virgin. That would hurt their revenues and especially the ARPU numbers. $649 is a lot of money to pay for a phone.
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Here you go:
http://finance.yahoo.com/news/virgin-mobile-usa-offer-iphone-123000895.html
8gb iphone 4 for $549 and 16gb iphone 4s for $649. Pricey. But same plans as other virgin phones.
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Here's the official word with dates and pricing.
http://s4gru.com/index.php?/topic/1136-virgin-mobile-usa-announces-iphone-available-on-june-29/
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I am totally fine with Virgin and Boost mobile selling prepaid iphone. If people are willing to chuck out $500 bucks to get the latest iPhone on prepaid, I am all for it. Sprint has to sell iPhones worth 15 billion to hold up their end of the deal so whatever they need to do to achieve it is fine with me.
Technically, Sprint's end of the deal is paying at least $15 billion dollars to Apple. Apple doesn't care how many phones Sprint actually sells as long as it gets paid. Sprint's investors on the other hand....
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Based on current conditions I'd say no. You'd have to talk with retention, but I think two weeks is the most a CSR or store rep can move a date forward.
Somebody needs to go back and search by I think there was a link posted to a story about Sprint eliminating the two week option.
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Yeah, of course. Sprint thought they would sell more iPhone than they expected.....Cause when Sprint didn't have the iPhone everyone on Sprint basically wanted one. It was a very high demand thing, til everyone started switching carriers. VM should do really good with the iPhone. Apple is starting to slip a little, so they are starting to release it more to other carriers around the world. You see ever since Steve Jobs passed, more ports are opening for iPhones to come into Post-paid & Pre-Paid carriers. VM (Canada) had the iPhone for a while now though.
I don't think the sell-through on the iphone has been lower than expected. Unless Sprint is out right lying on its earnings calls, which probably isn't a good thing for them to do, then they've matched or exceeded their sales estimates for the iphone. The iphone has been their number one selling phone since they released it on sprint. I'd be curious to see if that's still true with the EVO LTE now out.
And of course once the next iphone is released and it has LTE onboard, then phones will fly off the shelf once again for a quarter or two. I"m sure Apple and Sprint will show record sales of iphones in the quarter following the release.
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So according to the commercials sprint has sold 7 million evos? That's got to be all the evo branded devices right? The evo 4g, 3d, shift and design? That can't be just 4gs.
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Here's the screenshot of my speed tests the last two days.
Sorry for external link but I couldn't figure out how to attach the pic to a post.
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What time of day were you getting those speeds from the 1st post.
Sent from my Epic 4G (WiSuck) using Forum Runner
I will post the screen capture if I can figure out how. They were at various points throughout day. Early lunch time and afternoon. And this morning.
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Ha ha. Yup, that's how I figured out there was a tower nearby. In fact it may be on top of the hotel where my conference is.
Edit: this forum runner app will take getting used to. I thought I was quoting a post from aerxx.
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This week I'm attending a conference at a hotel in the National Harbor area outside of DC. I've been seeing 3g speeds I've never seen before on sprint. Here are three speedtest results from yesterday:
1873kbps/578kbps
447kbps/450kbps*
1932kbps/580kbps
2393kbps/583kbps
And from this morning:
1722kbps/720kbps
According to the DC market map there is a tower in this area, however it is not yet on the completed sites map. Maybe it will show up in the next round of updates Robert gets.
*-I received a text message during test which seemed to throw the test off.
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Say what you will about Apple and the "distortion" field they've always been able to generate. But you can't deny that they have absolutely pushed the innovation envelope with displays. Putting in the retina display on the iphone while android phones were all 800x480. Then adding the retina display to the ipad while android tablets are all 1280x800 or smaller. I really wish someone like Samsung or Motorola would try to push the envelope sometime on hardware components, and not just the processors.
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Thanks for posting. I didn't know that they only had 47.1% of voting power. Surprising.
It's gone down. It had been 49.7%. They dropped below 50% back in 2010 when their was concern that Clearwire's debt would burden Sprint if they were considered to have control of Clearwire. Since then Sprint has had >50% economic control but <50% voting power. When Clearwire did their last round of fund raising they issued more stock which seems to have diluted Sprint's share further. I'm curious if Sprint will let their economic stake drop below 50%.
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Here's Sprint's ownership interest in Clearwire directly from their first quarter 10-Q filing with the SEC.
Equity Method Investment in Clearwire
Sprint's Ownership Interest
Sprint's investment in Clearwire Corporation and its consolidated subsidiary Clearwire Communications LLC (together, "Clearwire") is part of our plan to participate in the fourth generation (4G) wireless broadband market. Sprint offers 4G products utilizing Clearwire's 4G wireless broadband network in available markets. As of March 31, 2012, Sprint held approximately 50.0% of a non-controlling economic interest in Clearwire Communications LLC and a 47.1% non-controlling voting interest in Clearwire Corporation (together, “Equity Interests”) for which the carrying value totaled $1.4 billion.
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Had my Epic since launch day. Still going strong. Just wish they had put more storage space in it. almost every time one of my apps needs an update I have to try and find space to clear so that it installs.
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I've always felt that one nexus device on one Network was a bad idea and seeing how Verizon messed up the last one leads me to believe this rumor. But lets try to disect this for a moment. If a Nexus device will be coming from Motorola, Samsung, HTC and LG and potential more manufacturers that will be 5 nexus devices. Would all be on each network. I don't see that happening. But then again stranger things have happened.
TS
My guess is that all of these devices will be sold as unlocked gsm phones on Google Play. I doubt we'll see all five built for each carrier in the US.
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Sprint to end their early upgrade program on June 1st. Well, I researched it and it appeared that Sprint wont let their customers to upgrade their devices two weeks earlier before contract end date. oh well, fine with me lol
This has been a very misunderstood story. Sprint will let you upgrade starting at the 22 month mark. Additionally, if you're contract end date is toward the end of the month they will push you're upgrade period to the 1st day of month 22. So they will let you upgrade early. This 14 day thing seemed to be an additional perk that they offered to some customers where they gave them an additional 14 days before they hit the 22 month mark.
Somebody correct me if I'm wrong.
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So atleast according to T-Mo parent Deutsche Telekom, no transactions are in the works for now. T-Mo can go it alone with the assets they picked up from ATT when the merger fell through.
http://www.fiercewir...lone/2012-05-15
edit:
And then you see this:
http://www.theverge.com/2012/5/15/3022105/t-mobile-usa-philipp-humm-restructuring-memo
T-Mo needs to restructure. I guess that's how you can account for decreasing subscribers and increasing network transition costs.
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4.97% to be exact.
You can view the SC 13G/A on edgar that was filed on 5/9
I hate SeakingAlpha. Nothing worth reading on that website.
The quality varies greatly from writer to writer.
Robert via Kindle Fire using Forum Runner
You can still gain some information though. This article notes the SEC filing from Blackrock last week and also shows that Blackrock reduced its holdiings in Sprint to under 5%. They held 166 million shares at the end of q4 and have now reduced it to 149 million.
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So these small cells are a part of the net vision strategy? Also what are Picos?
My basic understanding is that it's a small self contained cell tower. They have a much shorter range than traditional tower. I'm sure someone else here can give a more thorough answer.
Here's the wikipedia entry:
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There was a very interesting story on gigaom last night. Sprint gave a presentation yesterday on it's NV progress and network plans beyond. I think there's already been slides posted that came from that presentation. This must have come later on.
Here's the story:
http://gigaom.com/broadband/sprint-has-big-plans-for-small-cells/
The presentation covered sprint's plans to add small cells in urban areas and other high traffic areas in order to boost capacity.
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Sprint sells Clearwire Shares to reduce voting rights
in General Topics
Posted
Here's where Sprint stood as of March 31, 2012. From the 10-Q filing:
So to my reading, Sprint just sold down their economic stake down to 47.1% . We'll find out soon enough. I imagine Sprint has to file something with the SEC at some point. If not the second quarter ends this month and the earnings call will happen shortly their after.