Light Reading

Sprint Pins Hopes on WiMax Phone

Michelle Donegan
LR Mobile News Analysis
Michelle Donegan
4/28/2010
50%
50%

Sprint Corp. (NYSE: S) revealed high hopes for the upcoming launch of its first WiMax smartphone, the High Tech Computer Corp. (HTC) (Taiwan: 2498) EVO 4G, as it reported first-quarter results today.

So high in fact, that the company is clearly hoping the new WiMax device, which uses the Android operating system, will give Sprint a much needed boost in its financial turnaround efforts. (See Sprint Launches 3G/4G Android Phone, CTIA 2010: Sprint Goes Supersonic, and Details on Sprint's EVO, and CTIA 2010: Hesse – LTE Will Be Bigger But We Are First.)

"We look forward to the launch of the HTC EVO 4G device, which we hope will provide a tailwind to our momentum," said Dan Hesse, CEO of Sprint on the earnings conference call with analysts and media today.

The "momentum" he referred to is improvements on some key operating metrics, such as operating revenue increases and progress in providing better customer care.

"I never said Sprint's turnaround would be quick or easy," said Hesse.

Indeed, Sprint posted a first-quarter net loss of $865 million, or $0.29 per common share, on revenues of $8.1 billion. The quarterly net loss is a whopping 46 percent bigger than the $594 million loss the carrier reported in the same quarter last year. Part of the reason for the larger loss is the inclusion of a non-cash $365 million tax-related charge. (See Sprint Reports Q1.)

Sprint's quarterly revenues of $8.1 billion were down 2 percent compared with the same quarter last year, but 3 percent higher than in the previous quarter. Sprint pointed out that this is the first time it has reported sequential quarterly revenue growth in three years.

The year-on-year revenue decline is mostly due to lower post-paid wireless service revenues and wireline revenues.

Sprint lost a total of 75,000 customers in the quarter, bringing its total customer base to 48.1 million at the end of the first quarter. The carrier lost 578,000 post-paid, or contract, customers in the quarter, of which 131,000 were on the CDMA network and 447,000 were on the iDEN network.

But Sprint noted that the loss of contract customers was actually an improvement on the previous year. Sprint said that it lost 670,000 fewer subscribers than it did in the first quarter of 2009. So, that's good then.

Sprint, which uses Clearwire LLC (Nasdaq: CLWR)'s network to offer WiMax services, did not disclose the number of WiMax customers it has signed up so far. The "Sprint 4G" WiMax service is available in 28 markets covering 40 million people.

— Michelle Donegan, European Editor, Light Reading Mobile

(2)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View
freetoair
50%
50%
freetoair,
User Rank: Light Beer
12/5/2012 | 4:38:09 PM
re: Sprint Pins Hopes on WiMax Phone


pinning their hopes on a wimax phone???


understand this is a lr headline and not sprint's but if that headline reflects, even partially, their thinking -- then they are delusional. cannot believe investor or anyone could see a wimax phone has providing any "tailwind". maybe a momentary puff of a breezes more realistic.

Michelle Donegan
50%
50%
Michelle Donegan,
User Rank: Light Beer
12/5/2012 | 4:38:07 PM
re: Sprint Pins Hopes on WiMax Phone
"puff of a breezes" -- that's probably more likely than Hesse's "tailwind" hope, as you say.

Listening to the call, it had a light-at-the-end-of-the-tunnel feel to it. Perhaps that's always the general tone? But they said the goal was to stabilize operations in 2010, and that the stabilization of revenue this year is very significant in the turnaround.
Educational Resources
sponsor supplied content
Educational Resources Archive
Flash Poll
From The Founder
Networks of the future will rely on "white box" switches and servers rather than proprietary hardware and that's going to alter the shape of the communications industry. Who says so? John Chambers.
LRTV Huawei Video Resource Center
Huawei's Power Play With GrupoGiro

4|1|15   |   2:51   |   (0) comments


Daniel Heredia, CEO of Energiro, the power management services part of Spain's Grupo Giro, explains why his company has just struck a partnership with Huawei for uninterruptible power supply products and how he hopes it can take the partnership into other markets.
LRTV Huawei Video Resource Center
Huawei Intros Smart Device for eLTE

3|30|15   |   05:25   |   (0) comments


Huawei has developed a secure, location-aware multimedia smartphone for its eLTE trunked radio solution, says Huawei's Norman Frisch.
LRTV Huawei Video Resource Center
Win Video, Win All

3|30|15   |   06:44   |   (0) comments


Video is going to be the next main source of revenue for operators. Operators have big opportunities and advantages to monetize video services. Globally, Huawei has helped more than 70 operators achieve over 30 million video subscribers. Watch this video for more.
LRTV Custom TV
The Benefits of HyperScale Clouds for NFV

3|27|15   |   01:50   |   (0) comments


Hyperscale cloud has been developed by the Internet giants to support the creation and delivery of software-based services at blistering speeds, and at the lowest possible cost. The original ETSI NFV vision was to adopt hyperscale cloud architecture and practices. This vision has become somewhat obscured along the way, due to misunderstandings about the hyperscale ...
LRTV Huawei Video Resource Center
eLTE Rapid Meets the Need for Speed

3|26|15   |   4:45   |   (0) comments


Designed especially for emergency and dedicated ad hoc local mobile communications coverage, Huawei's eLTE Rapid solution can deliver trunked voice, video and data coverage for multiple users over a 6km range and be set up in just 15 minutes, explains Huawei's Norman Frisch.
LRTV Huawei Video Resource Center
On Videos: Challenges & Opportunities

3|26|15   |   5:56   |   (0) comments


Most everything is now connected. And along with 4K and 4G technologies, everyone could be creating and broadcasting video contents. Users are expecting better video experience with any screen, anywhere and anytime. Operators will meet new challenges, but also see some big opportunities.
LRTV Custom TV
JDSU: Delivering Dynamic Networks for a Personalized Experience

3|26|15   |   5:59   |   (0) comments


Light Reading speaks to JDSU at Mobile World Congress 2015 about new solutions in the areas of HetNets, VoLTE, backhaul, virtualization, big data analytics, and real-time intelligence.
LRTV Custom TV
Smarter Service Chaining & New Ways to Benefit From Qosmos Technology

3|25|15   |   03:11   |   (0) comments


David Le Goff, director of strategic and product marketing at Qosmos, explains how the company has added application awareness to subscriber information to make service chaining more efficient and reduce costs for networking and infrastructure. In addition, Qosmos technology, which has been delivered as C libraries, is now also available as a virtual machine, ...
Between the CEOs
Qosmos CEO: The Changing Face of DPI

3|24|15   |   13:53   |   (0) comments


LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures. Also, how the comms market is becoming more like the automotive industry.
LRTV Huawei Video Resource Center
FC Schalke Scores With Its Agile Stadium

3|24|15   |   6:23   |   (0) comments


Top German soccer club FC Schalke 04 has deployed a new, agile WiFi network from Huawei in its Veltins-Arena stadium and is reaping the benefits in terms of customer satisfaction and business opportunities, explains marketing chief Alexander Jobst.
LRTV Huawei Video Resource Center
Huawei’s Insights on Mobile Video

3|24|15   |   7:51   |   (0) comments


More people than ever are now watching videos on smartphones. Seventy percent of mobile traffic will be video traffic until 2018. In this video, Huawei's exports give their insights on mobile video in terms of business model, network planning and 4G network construction.
LRTV Documentaries
The Rise of Industry 4.0

3|24|15   |   02:26   |   (9) comments


Are you ready for the fourth industrial revolution? It's a big deal for influential operators such as Deutsche Telekom.
Upcoming Live Events
April 14, 2015, The Westin Times Square, New York City, NY
May 5, 2015, Hyatt McCormick Place, Chicago, IL
May 6, 2015, Georgia World Congress, Atlanta, GA
May 12, 2015, Grand Hyatt, Denver, CO
May 13-14, 2015, The Westin Peachtree, Atlanta, GA
June 8, 2015, Chicago, IL
June 9-10, 2015, Chicago, IL
June 9, 2015, Chicago, IL
June 10, 2015, Chicago, IL
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
All Upcoming Live Events
Hot Topics
AT&T Woos SMBs With Small-Scale WiFi
Sarah Thomas, Editorial Operations Director, 3/26/2015
Just Don't Say IBM Is 'Relaunching' Networking Business
Mitch Wagner, West Coast Bureau Chief, Light Reading, 3/26/2015
TV Everywhere Nears Mainstream Adoption
Mari Silbey, Independent Technology Editor, 3/27/2015
Carriers Are Bright Spot in BlackBerry Q4
Sarah Thomas, Editorial Operations Director, 3/27/2015
Comcast Says TWC Deal Will Close Later
Mari Silbey, Independent Technology Editor, 3/26/2015
Like Us on Facebook
Twitter Feed
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
LR CEO and Founder Steve Saunders sits down with the head of Qosmos to talk about the changing state of the art in deep packet inspection technology, including its role in SDN and NFV architectures.
Chattanooga’s EPB publicly owned utility comms company has become a poster child for how to enable a local economy using next-gen networking technology. Steve Saunders, Founder of Light Reading, sits down with Harold DePriest, president and CEO of EPB, to learn how EPB is bringing big time tech to small town America.