Sprint's Strategy Meeting Isn't So Mysterious

2:10 PM Sprint's 'mysterious' meeting is only CEO Dan Hesse updating investors on Network Vision, as promised

Dan Jones, Mobile Editor

August 30, 2011

1 Min Read
Sprint's Strategy Meeting Isn't So Mysterious

2:10 PM -- We're in the summer doldrums -- ya' know hurricanes, earthquakes, Steve Jobs resigning, that kind of lull -- but do we really need to pump up Sprint Corp. (NYSE: S)'s Oct. 7 strategy update as some kind of mystery?

Sprint CEO Dan Hesse said on the operator's second-quarter call that the meeting was specifically about updating the market on Sprint's strategy for its "Network Vision" plan. "We will meet with the investment community in New York on October 7th to describe this network evolution plan in more detail, and the additional time between now and then will allow us to complete more pieces to our plan," he said on the call. Hesse has doggedly stuck to his timetable for talking about Network Vision. Even when, if you recall, it became obvious that LightSquared had sealed its Sprint deal back in June.

So, it seems unlikely he'll veer much off the topic of Sprint's 3G and 4G multi-modal plan at the October meeting. This doesn't mean that we couldn't get more details on an updated agreement with Clearwire LLC (Nasdaq: CLWR) or the timing of the LightSquared Long Term Evolution (LTE) deployment.

In particular, watch for how quickly Sprint can switch the LTE element of the network on. LightSquared still has to cover 100 million potential customers in the U.S. by the end of 2012.

— Dan Jones, Site Editor, Light Reading Mobile

About the Author(s)

Dan Jones

Mobile Editor

Dan is to hats what Will.I.Am is to ridiculous eyewear. Fedora, trilby, tam-o-shanter -- all have graced the Jones pate during his career as the go-to purveyor of mobile essentials.

But hey, Dan is so much more than 4G maps and state-of-the-art headgear. Before joining the Light Reading team in 2002 he was an award-winning cult hit on Broadway (with four 'Toni' awards, two 'Emma' gongs and a 'Brian' to his name) with his one-man show, "Dan Sings the Show Tunes."

His perfectly crafted blogs, falling under the "Jonestown" banner, have been compared to the works of Chekhov. But only by Dan.

He lives in Brooklyn with cats.

Subscribe and receive the latest news from the industry.
Join 62,000+ members. Yes it's completely free.

You May Also Like