It does not matter how many times you mentioned about the merger, since it is not going to happen any time soon, s will slowly drift down until either they announce a merger or business start to improve significantly. The irony is that even if business is getting better, management will purposely underdeliver because of any improvement will only reinforce doj/fcc's status quo. Like I said before if you are in for merger, then prepared to be disappointed. There is a good chance s will drop to low 7.
like I said before, if you are in it for the merger, then prepared to be disappointed. son's focus on tmobile is a waste of time. Instead he should try to speed up NV 1 and 2 as quickly as possible. Almost every web site that mentions sprint has people complaint about its network. It is probably the least reliable network among the big four. Pathetic.
son wants tmobile for a very simple reason: even if sprint turn the tide on subscriber loss and net 2M adds every year for the next 5 years, that still only leads to 10M more customers. Whereas acquiring tmobile will immediately boost its customer base by 43M. Son wants to be the best and richest fast and he is a very impatient man, no wonder he is after tmobile. Just look at the changes occurring inside sprint ( laying off 5000 employees, most of the top executives were let go except for ceo and cfo etc. )
BTW, I was impressed with rootmetrics' results. Even with all the disruptions associated with NV, sprint still ranked 3rd. It is even more impressive that rootmetrics used S3 which is only single band compared to S4 for tmobile. The results for 1st half 2014 will be much better when band 26 and 41 are more pervasive and hopefully this time they will use a better phone. Tmobile gets a lot of attention lately. But we all know they sacrifice cash flow for subs gain. I wonder if it is legal when sprint finish NV1 this june and start promoting directly to tmobile's customers. With att and verizon doing the same, that will hasten the demise of tmobile and very likely change doj fcc's bias toward merger.
based on enterprise multiple, way overvalued. I remember a little more than a year ago hesse on bloomberg said that sprint will be profitable in 2014 but it does not look like so. Dead money for a long time.
about the results. They would have lost 450K customers if not for the tablets additions. EBITDA guidance for next year is only about about 200M more than this year if taking accounting change into consideration. So practically there will be no improvement and no synergies with softbank at all. Dead money for a long time. Mr son, are you listening?
streets already expect bad numbers but forecasts for 2014 are the most important. EBITDA between 8 to 9B compared to analysts' numbers of 6.6 B.
Japan provides the slowest LTE high-speed wireless cellphone service among nine countries with advanced telecommunications networks, according to a study of download speeds.
Sweden ranked at the top in average bandwidth speed with 22.1 megabits per second on its 4G network, while Japan brought up the rear with just 7.1 megabits, according to the study by OpenSignal Inc.
Hong Kong came in second with 19.6 megabits, followed by Denmark with 19.1 and Canada with 18.1. The United States came in second to last with only 9.6 megabits per second.
“The countries where we recorded the fastest average speeds tend to be ones where the population is heavily concentrated in a small number of urban centers,” OpenSignal said.
Among Japan’s carriers, the study found that Softbank Corp. delivered the fastest service — 16.2 megabits per second — via its long-term evolution network, followed by KDDI Corp. with 14.8. NTT Docomo Inc. logged a mere 5.5 megabits.
let's take houston tx as an example from rootmetrics websites. In early 2012, sprint's voice network was 2nd to verizon and that was when they were using pcs spectrum. But as nv being deployed in 2012 and early 2013, customers experienced many drop calls. When nv was almost completed, test was done again in sept / oct 2013, its voice network started to perform better than tmobile and closed the gap with verizon and att. It is hard to believe that its voice network will not be as good or even better than before nv, since now they are deploying voice over 800Mhz.
They still have a lot to catch up with lte. As we get closer to the end of the year, its speed will improve significantly..
For a while softbank did not have any sub 1G spectrum but their customers consistently got 5 bar signals and faster speeds than the competitors.
Let me ask you something: tmobile has aws and pcs spectrum which are not any better than sprint's but they have less drop calls. The likely culprit is NV disruptions. In areas where NV is almost complete like Kansas city, sprint's voice service is even better than that of verizon and att. Obviously, lte speed is still slow because of 5 x 5 carrier. This will change with deploying of 800Mhz and 2.5G and migration of customers to triband phones.
true but the good thing about it is that in cities where nv is completed or 70% completed, voice quality return to the level even better than before start of nv.
In addition, LTE is being deployed on 800 MHz which will relieve constraint on 1.9 G. And don't forget 2500 Mhz either.
From what I learn, in general sprint currently has the worse service of all the carriers. Many complaint about drop calls and slow lte. Hopefully this is a temporary problem and will be resolved in 5 months when NV is completed. But I am not confident that will happen. In cities where nv is almost or 100% completed like chicago, lte speed during peak hours slows down considerably. Instead of chasing tmobile, son should spend more money on capex, get spark available more than just 100 M POP the end of 2014. How about aiming for 200 M POP with spark in 2014!
People already made up their mind and it is unlikely to happen. PPS already reflects that. But worry not. after earning next week, it should be back in the teens. It is all in the forecast. right now estimates for ebitda for 2014 is about 6.5B. I think that is too low. It is probably about 8 to 9 B. If my predictions hold true, that sprint will be mid teen next week.
Longer term, things look pretty good for S. mobile data usage will increase 6 fold by 2016 and none is in a better position to handle that traffic than sprint. Tmobile is only noise and legere is only a fad. Whatever they are doing will not last. ATT, vz, and S can outlast tmobile in a prolonged price war. S will have the lowest cost structure of all the carriers under son's leadership. Already, 5000 employees were or will be dismissed. discount on handsets are 3.14% this year and 8 to 10% from 2015 and forward. And thru brightstar, sprint's handsets will have higher resale value and on top of that, chinese carriers are deploying similar networks.
That was according to proxy statement in June 2013. Obviously they did not want to give a high number because softbank would have to pay more for sprint. But 8B for 2015, that is BS. It should be much higher. Without clearwire's charge, 2013 EBITDA is about 6B. Synergies with clearwire reduces expenses by about 400M. Interest expense reduction thru refinancing is about 160M. Layoffs since August 2013 saves another 250M. So without taking into consideration of NV and Iden's shutdown related savings, sprint already reduces expenses by almost 800M. NV reduces expenses by 11B from 2011 to 2017 and synergies with softbank is about 2B yearly from 2014 to 2017. All together, conservatively it should come out to about 9B EBITDA for 2014. During the wells fargo conference call, CFO said "……you will be amazed at the numbers…." when asked what numbers are like for 2014.