LightSquared Wins 30-Day Reprieve on FCC Decision
Sprint has given LightSquared a 30-day grace period to score approval from the Federal Communications Commission to operate its Long Term Evolution network in the L-Band spectrum. Earlier this year, Sprint said LightSquared would give it a 20MHz channel of L-Band spectrum in the 1600MHz band that Sprint would use for its own LTE network. However, Sprint had the option to back out of the deal with LightSquared if the U.S. government did not approve LightSquared's L-Band spectrum use by the end of the year. The FCC has not made a final ruling on the matter, and LightSquared still faces opposition from the GPS, aviation, and military industries. Sprint has extended the December 31 deadline to January 30, giving LightSquared a bit more time to gain the necessary approval from the FCC to operate its planned LTE network. The deal with Sprint will save LightSquared about $13 billion between now and 2020.
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 to Sit Out AWS-3 Auction
Sprint today confirmed that it will skip an upcoming spectrum auction. "Sprint has decided not to participate in the FCC's AWS-3 auction, but will continue to evaluate the opportunities presented by the upcoming 600MHz incentive auction," said Sprint spokesman Jeffrey Silva to Bloomberg.
Sprint, T-Mobile Want FCC to Eye AT&T's Spectrum Spree
Sprint, T-Mobile, and others want the FCC to "carefully scrutinize" a number of AT&T's proposed low-band spectrum acquisitions. AT&T has asked the FCC for permission to purchase 700MHz spectrum from a range of small companies around the country.
Sprint Retires 'Spark' and Launches 'LTE Plus'
Sprint is rebranding its LTE 4G network in an effort to call attention to the technology involved in making the network tick. Sprint LTE Plus replaces the Sprint Spark name for the company's tri-band LTE network, which uses 800MHz, 1.9GHz, and 2.5GHz.
Sprint Targeting 2019 Launch for 5G On Its 2.5 GHz Spectrum
Sprint today said it is working with Qualcomm and SoftBank to develop 5G technologies, including the 3GPP New Radio (NR) standard, for Sprint's 2.5 GHz spectrum (Band 41). Sprint's 2.5 GHz airwaves offer a massive footprint around the country, making it ideal for providing coverage.
Sprint has given them a 30 day extension before their agreement expires and LS loses another potential customer and use of Sprints spectrum.