Have several questions I was hoping someone could help me with.
Sprint has roughly $20 billion in spectrum on their balance sheet. Clearwire has $4 or $5 billion and much of this is 2.5 Ghz spectrum contributed by Sprint.
1) If Clearwire is the clear spectrum leader then how in the world can Sprint's spectrum be worth $20 billion???
2) In that nice chart referenced in Clearwire's annual report (pg 4) comparing spectrum Sprint isn't included. Now I know Clearwire can't say nasty things about Sprint but I don't understand how they could totally ignore their spectrum holdings in that table. Can someone provide the probable reasoning?
3) Cellular market share by city. Is this data readily available somewhere? Bottom line I'm wondering if Sprint is taking significant market share in the places where they have rolled out 4G. Where I live (3G city) the Sprint stores are deserted compared to their competitors but not as deserted as they used to be!
Many thanks for help. I'm sure I'm in over my head here but I'm trying to get some of the basics.
Verizon lists their Wireless Spectrum Licenses at 72 Billion in their 10-Q.
Link that shows Big 4 Wireless Carrier Holdings
Note: Sprint is in the process of rebanding their Cellular band into what maybe 17 MHz cellular and 10 MHz AWS. Not really sure about that.
Interesting. Sprint has decent market share.
Expect data at the city isn't readily available but I would sure think that Sprint would be taking share in markets where 4G is rolled out. I know their customer service is much better than it used to be and as others regularly point out they do have great handsets.
If you guys look at Sprint Nextel Corporation
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited)from q2. There is 1 line item under "FCC LICENSES AND TRADEMARKS" value at $20,141 Billion. I wonder if that is what he is talking about.
Where do you get $20B worth of spectrum for Sprint????That's comical....
Please provide a link to any site that has a $20B value on Sprint's spectrum...
Sprint's gave away all their good spectrum to CLWR...
They clearly do have $20 billion in spectrum. In a table in the 10K (Note 7) they have to following note explaining why FCC licenses declined. Clearwire got spectrum carried on the books at $2.5 billion. The Clearwire spectrum might be worth $50 billion for all I know. I just want to understand the spectrum Sprint retained.
During 2008, we contributed $2.5 billion of FCC licenses to Clearwire and acquired $1.0 billion of FCC licenses in our normal course of business,
including our requirements under the Report and Order. In addition, we reduced FCC licenses by $265 million due to the reversal of unrecognized
tax benefits. See note 11 for additional information.