SoftBank CEO: Sprint Turnaround Could Take Two Years

The usual Sprint delays

Sprint never does anything quickly. That is why they are always trailing AT&T and Verizon and soon to trail TMO.

Sprint is looking up...it finally has a future

I see better speeds from Sprint in my area of SoCal than either Verizon or AT&T and with unlimited for life and TD coming (a few years down the road), things are looking good for Sprint. They are certainly behind now, but with Clear's spectrum and Softbank's money, there is an excellent path forward.
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Nocchi rules.

Investors today are too impatient.

In the old days you invested for the long term. You worried about the stocks value in 30 years now in 3 months if the stock hasn't tripled is price they want to fire the CEO. I firmly believe the desire to make quick profits now instead of over the long term is actually hurting companies.

NNJ

is getting MUCH MUCH better!

I'm assuming they mean financial turnaround

not the network turnaround. I wouldn't mind if it dropped by another buck or so that way I can buy some shares before it (hopefully) takes off again.
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Ali
Check Point Certified Security Expert

I remember ...

A couple of years ago they were screaming AT&T lagged far behind Sprint in 4G coverage, and how AT&T was touting a boosted 3G as 4G. But, at that time Sprint was in small town rural America beefing up coverage. Sprint does not have, nor will it ever have. the coverage area of AT&T. And although I wish it would come into ultra small rural areas, it is very doubtful that it will happen.

The biggest problem with rural America is it is isolated away from the rest of the country.
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Mac: No windows, No Gates, Apple inside

Re: Sprint is looking up...it finally has a future

Currently at $6.29/share, I wouldn't mind picking up some Sprint stock.

Why not.. It's almost down to penny stocks. LOL

Too late for "Sprint"

The Sprint name has far too much negative perception involved with it. SoftBank would be wise to ditch the name once the turnaround gets going.

Re: Sprint is looking up...it finally has a future

What kind of speeds are you getting on Sprint ?
Here in SoCal, the lowest I hit on AT&T is typically around 25Mbps down. The best I've hit is 69Mbps down, while typically its around upper 30's to mid 40's.

My coworkers in NorCal have issues with Sprint in Palo Alto area - dropped calls are often.

Re: I remember ...

Sprint likes to deploy small towns first, much easier to color a map with low density and low traffic backhaul sites.

Re: Sprint is looking up...it finally has a future

Around here its the complete opposite. At&t is usually around 20-60Mbps, Verizon is 10-40, and Sprint is usually less than 5, often less than 2, and that is where Sprint actually has coverage, which is rather lacking around here.

Re: I remember ...

Re: Investors today are too impatient.

Money doesn't need to triple every three months, nor does anyone realistically expect it too. What investors do expect, is a viable and executable strategic plan to increase value. Investors absolutely worry about value in 30 years.

Re: I'm assuming they mean financial turnaround

Should've bought before Softbank signaled plans to throw money at the problem. Buy the rumor, sell the news

Re: Sprint is looking up...it finally has a future

20-22Mb with Sprint. With my AT&T iP5, I have never gotten more than 12 and usually 6-8. VZW LTE (MiFi) I get around 10Mbps.
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Nocchi rules.

Re: Investors today are too impatient.

Re: I remember ...

Re: I'm assuming they mean financial turnaround

Re: Sprint is looking up...it finally has a future

Unlimited as long as you never change your plan when it changes is the key part. VZW did the same thing years ago and it was only everything unlimited for a few weeks for $69. They're still stuck with people on that plan due to they refuse to upgrade and pay full prices for phones.

Sprint will change as well as Softbank needs to make that $$$ they're spending left and right.

Re: Investors today are too impatient.

And with stock dropping as fast as it should and nothing really to show for it after the take over investors should be worried what is next.

Not really. VZ makes their money on the wireless company not in the landline. if VZ can get away with spinning off all of their regulated business and only keeping FiOS and VZW and moving to the VZ brand completely they would in fact do it. And I'm sure they're probably already exploring that idea as it would make prefect sense for them long term.

Re: I'm assuming they mean financial turnaround

Yes it is, but as a whole, the network really hasn't improved yet. Even with Network Vision some areas are worse than what they were before they started changing crap.

Re: I remember ...

they have MSOs for this.

Re: Too late for "Sprint"

They'd be smart to ditch it now. And then get rid of their management instead of keeping them on longer.

Re: Investors today are too impatient.

Investors didn't force VZ to stop investment in FiOS.

The pps decreased after the takeover announcement because of dilution and the addition of debt. It's been dropping recently with the rest of the market because our Congress is bickering like spoiled, stubborn children.

Sprint 4G/LTE Speeds in Charlotte NC.

That looks like Wimax to me.

No offense, but do you really need more than that at this time? Sprint is deploying a single 5x5 carrier in the PCS G block at this time. Once Tri-Band devices come out and LTE is deployed on 2600Mhz and 800Mhz, things will balance out and speeds will be more to everyone's liking. Deployment is already underway in Charlotte and other cities. I'm happy getting 2Mb/s down and 1Mb/s up on a mobile device. Verizon's 4G LTE is about the same on the downstream side of things. Upload is faster, generally.