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RedSpark

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Everything posted by RedSpark

  1. Requiring that people upgrade to Unlimited Premium certainly won’t help with the uptake numbers for 5G or the devices. They should reconsider this. Also, the device isn’t available outside of the four initial launch cities right now. They’re using a location filter of some kind on the Sprint website.
  2. It says this in the FAQ’s: How do I turn on VoLTE? VoLTE is a simple toggle switch and will be set to “ON” as the default setting for 5G capable devices that become available. But in case it’s turned off, you can easily switch it back on by following the steps below. Android Phones: Go to Settings > Connections or Network & internet > Voice Networks. Set the VoLTE toggle to On. iOS Phones: Go to Settings > Cellular > Cellular Data Options > Enable LTE > Select Voice and Data What is VoLTE? VoLTE (Voice over LTE) is the next generation of voice service for your phone. VoLTE will direct your voice calls over Sprint’s advanced LTE network instead of the our traditional wireless voice network. VoLTE will provide superior voice quality and allow you to browse the Internet and use data-driven apps while on a call. VoLTE must be enabled on your device to experience our 5G network where available.
  3. The latest: https://www.foxbusiness.com/media/fcc-officials-meet-to-discuss-sprint-t-mobile-merger-conditions Filing: https://www.fcc.gov/ecfs/filing/1051525545706 Document: https://ecfsapi.fcc.gov/file/1051525545706/May 15 Ex Parte.pdf
  4. I hope you’re right. It currently says here that the Unlimited Premium Plan is required for 5G. Of course, that could be changed going forward, but Sprint put it in writing. Another requirement for 5G per the FAQs is that you have VoLTE enabled on your 5G-capable device.
  5. That’s interesting you observed that. I’m curious if the 5G in the second wave cities is quietly live yet? The merger deadline was pushed back to July 29, 2019: https://www.engadget.com/amp/2019/04/29/t-mobile-sprint-merger-deadline-delay/ Seems like the 2nd wave of 5G will take them to the merger deadline. I suspect they’ll hold off on other substantial 5G deployments until after the merger deadline.
  6. Yeah. We’ll see how that goes. “Both devices will initially be available to customers in the first four expected 5G markets – Atlanta, Dallas, Houston and Kansas City. They will then be available in Sprint’s other 5G markets – Chicago, Los Angeles, New York City, Phoenix and Washington, D.C. – in the next few weeks.” At least the next set of 5G cities is rolling out soon. I wonder which cities come after that, or if they’re going to pause until the merger decision deadline hits. That’s one advantage of how Apple trails everyone. The network is more ready for the device.
  7. Sprint's First 5G Devices Available May 31; Pre-Order Begins May 17 for LG V50 ThinQ 5G and HTC 5G Hub LG V50 ThinQ 5G is just $24 per month with $0down with Sprint Flex lease – that’s half off the lease price.1 HTC 5G Hub is just $12.50 per month – that’s a savings of 50 percent. Activate HTC 5G Hub with 100GB of high-speed data for just $60 per month.2 Big news. Who’s ordering? Fine Print: 1 LG V50 $24/month after $24/month credit, applied within two bills. With approved credit, 18-month lease, and new line of service or eligible upgrade. If you cancel early, remaining balance due. LG V50 ThinQ SRP: $1,152. Reqs capable plan. 5G coverage will be limited in select cities. See Sprint.com/coverage for actual coverage and availability.2 HTC Hub $12.50/month after $12.50/month credit, applied within two bills. With approved credit, 24-month installment billing agreement, and new line of service. If you cancel early, remaining balance due. Tax due at sale. 5G coverage will be limited in select cities. See Sprint.com/coverage for actual coverage and availability. HTC 5G Hub SRP: $600. $60/100GB MBB Price Plan - With AutoPay. MHS reduced to 2G speeds after 100 GB/mo. Data deprioritization during congestion. Excludes taxes, fees and roaming. Number of devices may be limited by hardware. Restrictions apply.3 New customers must activate 5G handsets on the Unlimited Premium plan. Existing customers must have eligible plan and may be required to change plans. Pricing shown with AutoPay. One Hulu ad-supported plan per eligible Sprint account. HD content varies by device and connection. MHS reduced to 3G speeds after 100GB/month. Data deprioritization during congestion. $80 per month for line one, additional $60 per month for second line, additional $20 per line for lines 3-5. Excludes taxes, fees and roaming. Curious what constitutes an eligible plan... This is a way to “charge more” for 5G without explicitly saying it.
  8. Neat! I'll look into this. Thank you!
  9. Thanks. I always manually check for a Carrier Update after every iOS software update out of habit. I wasn't sure if the Carrier Settings would automatically update. Curious what changes they made. Is there a way to tell?
  10. iOS 12.3 is now out. Installed with no issues. (Settings -> General -> Software Update) A Carrier Settings Update is available as well: Sprint 36.3 (Settings -> General -> About) By the way, do Carrier Settings automatically update on iOS devices or do you have to do it manually?
  11. Just got and activated a Pixel 3 for one of our family plan lines. Super easy with the ESIM!
  12. I’m glad they’re finally spending money on capex. However, the horse is already out of the barn. Customers aren’t coming to Sprint except for discounted lines (or free lines, which is a whole other issue and the subject of several lawsuits). They churn out once the promos are up. Sprint is spending money and people aren’t coming to stay. Sprint’s churn and debt service are generating feedback loop drains on the business and the liquidity wall it’s facing is a stark reality. I believe Sprint’s disclosures to the FCC, especially since they’re backed by highly sensitive information. I wish I had the same faith in their Investor disclosures. This doesn’t mean I support a merger. I don’t. But it means Sprint is finally telling the truth.
  13. According to their reported results from the Investor Update: Postpaid phone net losses of 189,000 compared to net additions of 55,000 in the year-ago period and net losses of 26,000 in the prior quarter. (NOTE: The current quarter included 129,000 net migrations from prepaid to non-Sprint branded postpaid, compared to 44,000 in the prior year and 107,000 in the prior quarter.) Postpaid phone churn of 1.82 percent compared to 1.68 percent in the year-ago period and 1.84 percent in the prior quarter. Adjusted free cash flow* of negative $539 million for the quarter compared to negative $240 million in the year-ago period and negative $908 million in the prior quarter. I don’t see these metrics as encouraging. The business is running out of runway.
  14. From one of Sprint’s FCC Filings: https://ecfsapi.fcc.gov/file/1041986365867/Sprint Standalone Ex Parte Revised - REDACTED - 4.19.2019 AS-FILED.pdf Relevant statements about Sprint’s cash flow issues appear throughout it. See Pages 1,4,6,8,9,13,17,18,19,36,37,39,40,41 and read the main section about cash flow/debt from Page 36 - Page 42.
  15. And how long can Sprint keep that up for without sufficient free cash flow?
  16. Here’s an FCC Filing submitted to Commissioner Rosenwercel: https://ecfsapi.fcc.gov/file/10419537725960/4-19-19 Rosenworcel Public Ex Parte.pdf Rural Capex is redacted on Page 2. However, their promise to “invest nearly $40 Billion into the 5G network and business in the first three years” is not redacted on Page 6.
  17. Sprint has a churn bomb combined with a debt bomb on the horizon. It said that in its FCC Filing. The engine is leaking oil faster than Sprint can pour it in... and it’s going to get harder to get more oil.
  18. Look at Page 20 of the Investor Update which shows its liquidity vs current maturities: https://s21.q4cdn.com/487940486/files/doc_financials/quarterly/2018/Q4/Fiscal-4Q18-Sprint-Quarterly-Investor-Update-FINAL.pdf Then take a look at its debt schedule here: https://investors.sprint.com/financials/default.aspx Does that change your opinion?
  19. The antennas are surprisingly compact, so I’m thinking this could be a thing a some point.
  20. 5G on-air at Google I/O in Mountain View, CA! Will Massive MIMO COWS be a thing?
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