marioc21
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Posts posted by marioc21
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I love this quote:
Unfortunately when you read the details of what's being alleged, Sprint may be in some trouble. It wouldn't surprise me if Sprint tries to settle this thing before it goes to trial.
Link to complete WSJ article.
http://online.wsj.co...0582832286.html
Obviously, the attorney general is just trying to make a name for himself to advance his career. He's found a big fish he can go after and generate some headlines.
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I am surprised that they didn't report wholesale customers. Maybe that's just something they do at the end of each year.
Sent from Joshs Evo Shift using Forum Runner
Whoever they tasked with preparing their news release probably didn't think it was that important. And the financial people apparently agreed. It's probably included in the 10-Q filing with the SEC, but that doesn't seem to be available on EDGAR yet. It'll probably be a couple days.
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Well, since at&t uses the same insurance company, guess we'll find out soon if they are raising prices, or if sprint just wants to take a few more dollars.
Sent from my PC36100 using Tapatalk 2
I think Assurion is the universal insurer for all the carriers. Right now VZ and ATT charge $6.99/month with deductibles from $99 to $199 depending on device. It wouldn't surprise me if they started raising the monthly rate too.
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The $11 bucks isn't the only thing. Did you see the deductibles? $150 to $200 depending on msrp? Just pocket the $11 bucks a month in a savings account and fund your own replacement. Hold on to your old phone in case you need a spare.
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http://www.engadget....-broadband-sub/
If you see the 4Q11 press release linked above, they had 92.2 million RETAIL connections and 108.7 million TOTAL wireless connections at the end of 2011. The 93 million number is RETAIL customers.
Not disputing you. Just said Verizon didn't bother to report their total subscriber numbers this quarter.
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You really have to look at more than just the bottom line, Sprint for example has a huge amount for depreciation expense. Depreciation is a non cash expense so if you back that out of the equation then they wouldn't be in the red at all, that's what makes the cash flow statement so important. I haven't taken the time to look into detail of their financial statements but if you look at their cash flow statements, even though they show a loss every quarter, they still show positive cash flows over the same period and a lot of it has to do with adding back in the non cash depreciation expense. Now that was my little positive spin on them but in reality though they are getting their asses kicked, and they are paying for it by getting into long term debt. I really hope this network vision buildout really brings customers in by the boat load, so they can start to reduce the amount of debt they have gotten themselves involved with trying to stay afloat.
Exactly. They've been writing off the Nextel merger for basically the last five years. They've also had to write down their investment in clearwire a couple of times. That's basically why they've reported losses for so many quarters in a row. Operationally, they seem to be doing ok. Revenues are increasing. ARPU has increased the last few quarters. Customer growth has overall been positive even though it's mainly been due to prepaid a lot of times. As far as debt goes, they seem to be managing it. We'll get a clearer picture next week but they've managed to basically refinance what's been coming due and replacing with debt due 5 to 10 years out.
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I wish the authors of the article had been more precise. They have 93 million RETAIL customers. Their total wireless customer count was 108 million at the end of the year. They should have between 109 - 110 million TOTAL customers now (including wholesale).
Funny because the 93 million came from Verizon's own earnings press release. Verizon didn't mention wholesale customers in its news releases or the financials they put out. Will have to wait and see their 10-Q and see if there's more info.
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Well Sprint certainly doesn't need this.
http://www.reuters.com/article/2012/04/19/sprint-newyork-lawsuit-idUSL2E8FJ6ZM20120419
Not the time to trying to fend off a $300 million lawsuit.
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Yes, the grass is always magenta'er on the other side.
Robert
Well I think we can all agree Cary Foulkes is a heck of a lot better looking spokesman than Dan Hesse. Right? Right?
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I'm very interested in that too. However, I think they will wait until the shareholders meeting to discuss that.
There was an article from last week that had Bob Azzi or some some other VP saying they would discuss this more during the earnings call. Who knows, they probably won't say anything really substantive.
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I hope they post subscriber growth like they did last quarter. Plus I hope they start gaining profit too. Otherwise I'll be upside down on my Sprint stock too. (gulp)
Sent from Joshs iPhone 3Gs using Forum Runner
Reporting a profit is too much to hope for. Until they completely shut down nextel and complete the majority of their NV deployment I doubt they'll report a profit. I think continued subscriber growth and ARPU growth would be good signs. Along with lower subscriber churn.
Very interested to listen to earnings call and hear what they might have to say about LTE roaming with RCA partners.
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Not really, sprint didn't write a check for Nextel - they "merged".
Obviously more complicated then that, something we could spend hours talking about... but I don't want people thinking Sprint just had 36 billion they could have used for something else.
And that merger is mainly the reason they've posting losses non-stop for 5 years. They've basically been writing it off since then.
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LCD2 Has warmer more natural colors, has great whites. Say you can see it in sunlight better. Is backlit.
Amoled screens have real backs, more saturated colors(some prefer), and uses less power for dark screens/themes.
Its really just personal choice, and up till now samsungs screen has been pentile which gave slcd2 a clear edge. New samsung is non pentile, but no one has seen it yet.
Sent from my PC36100 using Tapatalk 2
As far as Samsung branding goes, anytime you see "plus" after AMOLED it means it's a non-pentile display. The galaxy S II has a non-pentile display. I believe the the Galaxy Note and Nexus however use HD super AMOLED screens which are pentile. But the new SGSIII may have an HD super AMOLED plus display.
On a side note, I have an Epic 4G which has the original super amoled screen. I love the colors. Anytime I look at my wife's EVO the display just looks washed out and bland. My boss has an Incredible 2 which has an SLCD screen. It still looks blah. Have not seen a phone with the new SLCD2 screens yet. Will definitely have to look at EVO LTE when it's out.
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Verizon is first out of the gate with Q1 results.
Highlights:
- Added 734,000 new customers. 501,000 net postpaid adds.
- 3.2 million iphones sold during quarter. 2.1 million LTE smartphones sold. 2.9 Million total LTE devices.
- 8 million total LTE subscribers
- 93 million total customers.
sources:
http://newscenter.verizon.com/press-releases/verizon/2012/verizon-reports-double-digit.html
AT&T Will be next up on 4/24 followed by Sprint on 4/25 and Deutsche Telekom (T-Mobile) on 5/10.
Any thoughts where sprint will wind up?
- Added 734,000 new customers. 501,000 net postpaid adds.
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Ok spectrum gurus. Here's the story:
http://www.bloomberg...html?cmpid=yhoo
Is this 700mhz spectrum any good? Would it only be good for small regional carriers?
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I believe Sprint is gaining post-paid on the Sprint side but losing them on the Nextel side. IIRC they said to expect that trend to continue but it will be more than made up for by the cost savings of shutting down iDEN. Not sure how true that is but I guess we will see.
Very true. If you look at their quarterly financials the Sprint brand has generally been positive for postpaid growth for a few quarters. Unfortunately, the nextel losses have usually been more than enough to offset any gains, resulting in net postpiad losses. There's not that many nextel customers left relative to where they started so hopefully with the iphone now in the stable the net losses will turn to regular gains.
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Do you still think Sprint wants to buy T-Mobile USA?
I think there after the fight Sprint put up to block TMO/ATT deal a merger was out of the question. They did try to work out a network sharing though it apparently went nowhere.
Here's a story from last month or so:
http://online.wsj.co...4239257808.html
Two potential Sprint deals have already foundered this year, according to people familiar with the matter: An acquisition of prepaid-carrier
Inc.
was shot down by the board, and talks with
AG
about network sharing with its T-Mobile USA went nowhere.
If you don't have a WSJ subscription, just search for the title of the article on google and click the resulting link. Should take you past the paywall to the full article.
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Maybe I am reading this wrong but the title says that sprint will lose 125k postpaid customers but the second to that last sentence says "Sprint, which reports earnings April 25, added around 161,000 net postpaid subscribers during the fourth quarter."
On April 25th Sprint will report it's 1st quarter 2012 financials. The 161,000 number is from it's 4th quarter 2011 financials.
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True, but have u seen the T-Mobile test drive thing that is going on?
http://explore.t-mob...wllCjCfwlfpybMw
T-Mobile is for some reason trashing 3G from Sprint, VZW, and AT&T vs. their 4G network, which kind of doesn't make sense....lol
You go to war with what you have, a souped up 3g network. Most phone users still have 3g phones. They can't compare themselves to LTE. That's 2 years out.
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Although stories like this are troubling.
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Is Sprint dead last on sales compared to VZW? I know AT&T is selling them like crazy!
They were third behind ATT and VZW. They're also half the size of both of them. Plus biggest contributer to ATT's sales is that they have a large installed base of iphone, iphone 3g, iphone 3gs & iphone 4 users who upgrade to whatever next version is when their contracts are up. It was enough to generate positive post-paid subscriber growth. We'll see next week if it continued. I'm sure the iphone is still Sprint's #1 or #2 selling phone. And with TMo still not having the Iphone I'm sure they've been able to pull away a few more customers.
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How is the current iPhone 4 & iPhone 4S preforming on the Now Network?
Also, how is the sales on the phone Jan. 2012 - Current
Spint will release it's 1st quarter financials next week. Curious if they will update numbers for iphone sales. They generally don't. They did offer numbers for the 4th qtr, but that may have been an exception since it was the first quarter of selling the iphone. At that point it was 1.2 million iphones sold I believe.
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Evo 3D is EOL? Wow, that's sad. Sorry to see it go so soon.
They are just getting scarce and HTC is not making anymore.
Or I could be cynical and say Sprint wants to clean out Wimax inventory with the Nexus LTE and Evo LTE coming.
HTC can't have stopped making the EVO 3D. Just two weeks ago there were rumors that the EVO 3D was moving to prepaid on virgin mobile. Must just be no more Sprint branded ones.
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Here's some photos from that same reporters tour.
http://www.fiercewireless.com/slideshow/touring-sprint-network-vision-cell-site?img=0
Sprint being sued by NY for tax fraud....
in General Topics
Posted · Edited by marioc21
No, I was not. But it's duly noted for the future.
Edit:
Had to double check to make sure. No, that wasn't me. But I'll stick to just links in the future.