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Sprint Corporation Message Board

  • landorair landorair Oct 7, 2011 12:30 PM Flag

    Read this update!

    Update: In a note this morning that was published before Sprint made its remarks about the capital raise, Piper Jaffray’s Christopher Larsen gave generally high marks to Sprint’s plan.

    “Sprint’s 4G strategy fares well on key attributes: schedule, economics and technology,” writes Larsen.

    In particular, by spending on its own spectrum and giving Clearwire secondary priority, the company can possibly halve its cost per gigabyte for wireless data transmission, Larsen observes.

    And timing sounds acceptable, he writes:

    Sprint indicated this morning that it plans to have its first LTE networks launched by mid-2012. This certainly lags industry leaders AT&T and Verizon; however, Sprint also announced that it plans to have its initial build largely complete by year-end 2013. This is in line with AT&T’s accelerated schedule and is exactly what we were looking for to keep the company from the perception of a second-rate network. Sprint plans to end 2012 with 120M+ POPS covered and 2013 with about 250M POPS covered with LTE.

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