Light Reading
As Sprint posts a Q1 loss and a decrease in post-paid subscribers, the carrier looks forward to launching a WiMax Android phone later this year

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
LRTV Huawei Video Resource Center
IHS Analyst Discusses eLTE at CCW 2014

9|10|14   |   7:09   |   (0) comments


Thomas Lynch, associate director of critical communications at IHS Technology, talks about broadband in critical communications.
LRTV Huawei Video Resource Center
TCAA on Huawei eLTE: A Broadband Solution for Mission-Critical Communications

9|10|14   |   2:29   |   (0) comments


At CCW2014 in Singapore, the TCCA's Phil Kidner talks about the importance of broadband data for critical communications.
LRTV Custom TV
Spotlight on Cisco: SDN for Optical Networks

9|8|14   |   9:27   |   (0) comments


Cisco's Greg Nehib talks OpenFlow and more on the 'Software-Defined Networking for Optical Networks' panel at the Big Telecom Event in June 2014.
LRTV Custom TV
Cisco's Evolved Programmable Network (EPN)

9|8|14   |   4:05   |   (0) comments


A look at the various demos Cisco showed at Light Reading's Big Telecom Event highlighting Cisco's EPN innovation and how SDN and NFV technologies are enabling a variety of new services.
LRTV Huawei Video Resource Center
The Future of Ultra-Broadband, With Kevin Kelly (UBBF2014)

9|5|14   |   1:13   |   (0) comments


If you think the technological changes we've seen up to now are astounding, just wait until you see what the future has in store. Discuss upcoming breakthroughs with Kevin Kelly, Founding Executive Editor of Wired Magazine, at the Huawei Ultra-Broadband Forum on September 24.
LRTV Huawei Video Resource Center
The Inaugural Optical Innovation Forum in Nice

9|2|14   |     |   (0) comments


More than 170 attendees from network operators, service providers, analyst firms, and component companies from around the world convened in Nice in June for the inaugural Optical Innovation Forum, co-produced by Huawei and Light Reading.
Wagner’s Ring
Data Centers Drive Telcos Into the Future

8|28|14   |   2:20   |   (2) comments


Data centers are at the heart of key trends driving telecom -- network virtualization, the drive for increased agility, and the need to compete with OTT providers.
LRTV Custom TV
Why SPs Should Consider Cisco's EPN

8|27|14   |   5:40   |   (0) comments


Sultan Dawood from Cisco discusses Cisco's EPN, which enables SPs to build agile and programmable networks delivering new network virtualized services using Cisco's Evolved Services Platform (ESP).
LRTV Huawei Video Resource Center
Huawei’s Showcase @ Big Telecom Event 2014

8|26|14   |   2.56   |   (0) comments


SoftCOM is Huawei's framework for telecom business and network transformation. Haofei Liu, Solution Marketing Manager, Carrier Business Group, Huawei, showcases Huawei's SoftCOM architecture in this video.
LRTV Huawei Video Resource Center
Huawei @ BTE 2014: Director of Integrated Solutions on SoftCOM & NFV Monetization

8|26|14   |   4.43   |   (0) comments


Libin Dai, Director of Integrated Solutions, Carrier Business Group, discusses Huawei's SoftCOM and NFV monetization. Huawei believes that NFV monetization should be service-driven rather than network-driven, and that operators should have network transformation, service transformation and a compatible and collaborative ecosystem in place in order to deploy NFV.
LRTV Huawei Video Resource Center
Huawei @ BTE 2014: Director of US NFV Lab on CloudEdge & the Future of NFV

8|26|14   |   4.06   |   (0) comments


Sean Chen, Director of US NFV Lab at Huawei, discusses Huawei's new approach to NFV in open collaboration. Huawei believes that through Proof of Concept tests, it could help operators learn and communicate with the industry more effectively. Sean believes that successful implementation of NFV should have its values reaching to end users and discusses how Huawei's ...
LRTV Huawei Video Resource Center
Huawei's Highlights @ Big Telecom Event 2014

8|26|14   |   3.34   |   (0) comments


At the Big Telecom Event in Chicago Huawei showcases its high-level strategy, the SoftCOM architecture, which helps operators reduce the cost of ownership of their network infrastructure and generate additional revenue in the ICT service environment. Huawei showcases over 30 pilot programs from across the globe, focusing on the industry-leading commercial ...
Upcoming Live Events!!
September 16, 2014, Santa Clara, CA
September 16, 2014, Santa Clara, CA
September 23, 2014, Denver, CO
October 29, 2014, New York City
November 6, 2014, Santa Clara
November 11, 2014, Atlanta, GA
December 2, 2014, New York City
December 3, 2014, New York City
December 9-10, 2014, Reykjavik, Iceland
June 9-10, 2015, Chicago, IL
Infographics
A survey conducted by Vasona Networks suggests that 72% of mobile users expect good performance all the time, and they'll blame the network operator when it's not up to par.
Today's Cartoon
Vacation Special Caption Competition Click Here
Latest Comment
Hot Topics
Introducing 'The New IP'
Stephen Saunders, CEO and founder, Light Reading, 9/11/2014
AT&T to Launch WiFi Calling in 2015
Sarah Reedy, Senior Editor, 9/12/2014
Glimpsing the Self-Driving Car
Dan Jones, Mobile Editor, 9/12/2014
Is Rackspace the Best Next Move for CenturyLink?
Ray Le Maistre, Editor-in-chief, 9/9/2014
T-Mobile Accuses Huawei of Espionage
Sarah Reedy, Senior Editor, 9/9/2014
Like Us on Facebook
Twitter Feed