& cplSiteName &

Rural Carriers: SoftBank Will Fund Your LTE

Sarah Thomas
3/27/2014
50%
50%

SAN ANTONIO -- CCA Global Expo -- SoftBank's Chairman and CEO, Masayoshi Son, is not only offering Sprint's network for rural LTE deployments. He's also offering to fund deployments for the smaller carriers.

Doesn't Sprint Corp. (NYSE: S) have a negative cashflow, you might be thinking? Yes, it does, Son acknowledges, but SoftBank Corp. certainly doesn't, and it's willing to use its money to ensure LTE gets built in rural America.

"Rural areas, we are not building out ourselves, we are not servicing ourselves, so it is a quicker and better complementary situation if we help them deploy their LTE and we collaborate with each other," Son told reporters here Thursday. "That way, we have a better partnership to fight back."

SoftBank, with Sprint, spearheaded a partnership with the Competitive Carriers Association (CCA) and NetAmerica Alliance LLC to form roaming relationships with rural carriers and give them access to Sprint's LTE network. But Son is willing to take it a step further by providing them capital and maybe even showing up with a hard hat at their network builds. (See Sprint Joins Forces With Rural America on LTE.)

"If you need LTE equipment, capex, we'll strongly support you financially and systemically," Son promised.

He's doing so because he says the CCA members providing local access in rural areas are being challenged by the duopoly of AT&T Inc. (NYSE: T) and Verizon Wireless , and customers need more choice in devices. He's trying to convince regulators he's serving the US public interest. However, he could also be hurting his case, given that he's now 100 rural carriers strong in fighting the duopoly. (See Son: Dish Could Be Sprint's Great Ally.)

"We would like to have a partnership with rural carriers, and we don't overlap," Son said. "But we need even deeper scale to fight back. Otherwise, if you are cornered and fighting alone by yourself, it's not enough power to fight back."

— Sarah Reedy, Senior Editor, Light Reading

(11)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
Page 1 / 2   >   >>
MarkC73
50%
50%
MarkC73,
User Rank: Light Sabre
3/31/2014 | 3:12:44 AM
Re: Son of "The Godfather"
Well someone who buys Sprint has got to be outside of the norm.  Any Details on how these partnerships will work?  Shared Funding or long term access contracts?
Sarah Thomas
50%
50%
Sarah Thomas,
User Rank: Blogger
3/28/2014 | 10:20:36 AM
Re: Son of "The Godfather"
Just think if Legere ends up working for Son, it could be a powerful combination of business acumen and an outgoing/obnoxious marketing machine.
Bill Van
50%
50%
Bill Van,
User Rank: Moderator
3/27/2014 | 10:28:49 PM
Re: Son of "The Godfather"
Hey Sarah, Softbank's Son is looking more and more every day like  Al Gore's  "Darth Vader's"  cable pioneer John Malone.  Son is also looking like being as disruptive in the mobile industry as T- Mobile's John Legere.  
Mitch Wagner
50%
50%
Mitch Wagner,
User Rank: Lightning
3/27/2014 | 6:03:10 PM
Regulating
First Comcast is funding Internet for low-income users, and now this. I like seeing service providers kiss up to regulators!
Liz Greenberg
50%
50%
Liz Greenberg,
User Rank: Light Sabre
3/27/2014 | 5:55:44 PM
Re: SoftBank Corp. certainly doesn't, and it's willing to use its money to ensure LTE gets built in rural America.
It was probably started before their keynotes, negotiated in between and sealed after!  It is a great idea if it works.  The big 2 could use more competition so maybe this will work.
Sarah Thomas
50%
50%
Sarah Thomas,
User Rank: Blogger
3/27/2014 | 5:16:50 PM
Re: Son of "The Godfather"
I agree, Ritch, but I think it could backfire, especially if T-Mobile joins too.
Sarah Thomas
50%
50%
Sarah Thomas,
User Rank: Blogger
3/27/2014 | 4:54:16 PM
Re: SoftBank Corp. certainly doesn't, and it's willing to use its money to ensure LTE gets built in rural America.
Interesting! I wonder if they forged the deal in between their keynotes this morning...
Bill Van
50%
50%
Bill Van,
User Rank: Moderator
3/27/2014 | 4:36:41 PM
SoftBank Corp. certainly doesn't, and it's willing to use its money to ensure LTE gets built in rural America.
I guess this is why Son sold his eAccess company to Yahoo Japan today. Yes to fund this rural buildout. lol

 
RitchBlasi
50%
50%
RitchBlasi,
User Rank: Light Sabre
3/27/2014 | 3:48:11 PM
Son of "The Godfather"
I can hear Vito Corleone now, "if I do this favor for you I might need to ask for your help in the future."  Pretty smart to me - "hey FCC, you're worried about rural broadband services?  I'll bypass that wired stuff and make it mobile.  And all you have to do is approve a few mergers for me."
mendyk
50%
50%
mendyk,
User Rank: Light Sabre
3/27/2014 | 3:25:03 PM
Re: Put Son to work
Why is this starting to feel like a 21st-century remake of Green Acres?
Page 1 / 2   >   >>
From The Founder
Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators.
Flash Poll
Live Streaming Video
Charting the CSP's Future
Six different communications service providers join to debate their visions of the future CSP, following a landmark presentation from AT&T on its massive virtualization efforts and a look back on where the telecom industry has been and where it's going from two industry veterans.
LRTV Interviews
Heavy Reading: The Web-Scale View

1|18|17   |     |   (0) comments


At Light Reading's 2020 Vision Executive Summit in Rome, Heavy Reading's former chief analyst Patrick Donegan shared insight from the recent web-scale operators report, which featured research on how web-scale operators view the market, the best web-scale companies to ...
LRTV Custom TV
Cisco's Cloud Scale Networking: Automation, Virtualization & Simplification

1|18|17   |     |   (1) comment


Cisco's Sanjeev Mervana outlines the latest innovations in networking technology at CES 2017 in Las Vegas.
LRTV Custom TV
ADVA Talks Innovation & the Future of Networking

1|17|17   |     |   (0) comments


Ray Le Maistre and Christoph Glingener, CTO of ADVA Optical Networking, discuss the current state of the industry, cooperation and collaboration, open innovation and the future of networking.
LRTV Custom TV
Cisco's Infinite Video Platform

1|17|17   |     |   (0) comments


Cisco's Infinite Video Platform allows service providers to deliver broadcast-quality video over IP networks. Infinite video supports many devices, from 4K TVs to tablets to game consoles. Join Cisco's Rajeev Raman for a brief tour and live demo.
LRTV Interviews
Masergy: Ability to Adapt Key for NFV

1|16|17   |   6:40   |   (0) comments


Speaking at Light Reading's 2020 Vision in Rome, Masergy's VP, Global Technology, Ray Watson, said agility is key to providing the mix and match NFV-based services that are driving business for the managed service provider today.
LRTV Interviews
Equinix: The Data Explosion

1|13|17   |   4:16   |   (0) comments


At Light Reading's 2020 Vision in Rome, Eric Schwartz, president of EMEA, Equinix, talked about how Equinix is helping its customers manage the influx of data today, and how it's preparing for a future filled with millions of connected IoT devices.
LRTV Interviews
Heavy Reading: The Changing Data Center Landscape

1|12|17   |   6:05   |   (1) comment


At Light Reading's 2020 Vision event in Rome, Heavy Reading's Senior Analyst Roz Roseboro talks about how virtualization is impacting data center evolution and how that evolution is affecting the relationship between service providers, data center operators and public cloud providers.
LRTV Interviews
Boingo: Prepping for Millions of Devices

1|12|17   |   5:07   |   (1) comment


At Light Reading's 2020 Vision in Rome, Boingo's CTO Derek Peterson discusses how wireless operators will address the needs of low-bandwidth and high-bandwidth apps at the same time, the need for more MHz, the impact of IoT and more.
LRTV Interviews
Comcast Shows Off Gig Gateway at CES

1|11|17   |     |   (1) comment


With its largest presence at CES in years, Comcast took the wraps off its long-awaited gigabit gateway and a new platform for managing the home WiFi network. Light Reading Senior Editor Mari Silbey sat down with EVP Chris Satchell to discuss the latest Comcast advance, and met with VP of Product Strategy and Development Andrea Peiro to walk through a demo of the ...
LRTV Interviews
Colt: End-to-End Key for 2017

1|10|17   |   6:21   |   (0) comments


At Light Reading's 2020 Vision Executive Summit in Rome, Nico Fischbach of Colt said having a multi-carrier, end-to-end service proposition is going to be key for 2017 -- and SD-WAN is instrumental in making it happen.
From the Founder
Cisco's Clemson on Mobile Cloud Video

1|9|17   |     |   (1) comment


Cisco's Conrad Clemson, recently promoted to head up the company's Service Provider Apps & Platforms developments, talks to Light Reading's Founder and CEO Steve Saunders about how he's bringing cloud video, mobile and virtualization together to empower network operators. "If you think about where we're going… whether it's a mobile application, or a video ...
LRTV Custom TV
VMware Telco NFV Solutions – Preparing for 5G & IOT

1|9|17   |     |   (0) comments


Shekar Ayyar, EVP & Corporate Strategy/General Manager of Telco for VMware, discusses VMware's Telco NFV solutions role and foundation for the Imminent Arrival of 5G & IOT.
Upcoming Live Events
March 21-22, 2017, The Curtis Hotel, Denver, CO
May 15-17, 2017, Austin Convention Center, Austin, TX
All Upcoming Live Events
Infographics
Hot Topics
A Women in Comms Glossary
Sarah Thomas, Director, Women in Comms, 1/18/2017
Is Cable One Beefing Up for Slaughter?
Alan Breznick, Cable/Video Practice Leader, Light Reading, 1/20/2017
Nokia CTO: 2017 Is the Year 5G Gets in the Field
Dan Jones, Mobile Editor, 1/19/2017
Google Security Lessons for IT
Curtis Franklin, Security Editor, 1/18/2017
TV's Paradox: No HDR Without 4K
Mari Silbey, Senior Editor, Cable/Video, 1/17/2017
Like Us on Facebook
Twitter Feed
BETWEEN THE CEOs - Executive Interviews
Light Reading founder and CEO Steve Saunders chats with Sportlogiq CEO Craig Buntin about sports data analysis.
Eyal Waldman, CEO of Mellanox Technologies, speaks to Steve Saunders, CEO of Light Reading, for an exclusive interview about the 100 GB cable challenge, cybersecurity and much more.
Animals with Phones
Live Digital Audio

Playing it safe can only get you so far. Sometimes the biggest bets have the biggest payouts, and that is true in your career as well. For this radio show, Caroline Chan, general manager of the 5G Infrastructure Division of the Network Platform Group at Intel, will share her own personal story of how she successfully took big bets to build a successful career, as well as offer advice on how you can do the same. We’ll cover everything from how to overcome fear and manage risk, how to be prepared for where technology is going in the future and how to structure your career in a way to ensure you keep progressing. Chan, a seasoned telecom veteran and effective risk taker herself, will also leave plenty of time to answer all your questions live on the air.