Sprint Kicks LightSquared to the Curb
Sprint is going to cancel its 15-year LTE 4G wireless network contract with LightSquared, according to the Wall Street Journal. Citing people familiar with Sprint's plans, the nation's third-largest network operator will walk away from the deal on Friday and return approximately $65 million in payments it had received from LightSquared. Sprint partnered with LightSquared last year in hopes of sharing the costs to deploy LTE 4G mobile broadband networks. Sprint's contract with LightSquared was contingent upon LightSquared gaining FCC approval to operate its network in the L-band satellite spectrum. The FCC revoked LightSquared's provisional waiver and decided that the GPS-related interference risks are too great. Sprint will now forge ahead with long-time 4G partner Clearwire in creating its LTE network.
Sprint Says Network Vision Is Basically Done
Sprint recently indicated that its years-long Network Vision project is coming to a close. Sprint's 1900MHz LTE network covers 260 million POPs, according to Sprint CFO Joe Euteneuer, who made the comments at a Bank of America investor conference this week.
Sprint Parent Greenlights Network Plan
SoftBank has given Sprint the go-ahead to begin its network improvement plan. The nation's third-largest carrier plans to densify its LTE 4G network to improve coverage and capacity.
Sprint's WiMax Shutdown May Halt Service for Charities
Sprint plans to deactivate its WiMax network on Nov. 6, but some charities say the change will eliminate internet service for some 300,000 Americans altogether.
Sprint Touts Network Progress
Sprint today offered a snapshot of the progress it has made deploying LTE around the country. According to its fourth quarter earnings, Sprint's LTE network now reaches 270 million POPs, up from 260 million in the previous quarter.
"Sprint will now forage ahead with long-time 4G partner WiMax in creating its LTE network"