Sprint announced their third quarter results during a conference call this week. The results show that Sprint has lost 423,000 subscribers during this quarter. Sprints focus this quarter has been preparing the shut down the Nextel iDEN network. Sprint maintains that the benefits of the CDMA network vastly outweigh what they would gain by maintaining the antiquated iDEN network. This year 9,600 iDEN sites have already been taken offline, and a complete shut down is estimated to come in the middle of 2013. Sprint recently fortified their position in Clearwire by increasing the their stock position by $100 Million to provide 50.8% ownership of the available stock assets. Clearwire is planning to provide 5,800 TD-LTE sites by mid 2013, that Sprint will use to eschew data from their own network. CEO Dan Hesse did not provide much insight on the offer from Softbank to purchase 70% of the company, but made statements leading some to believe that Softbank may fund their spectrum acquisitions.
Via Fierce Wireless
Showing posts with label CDMA. Show all posts
Showing posts with label CDMA. Show all posts
The China based company Huawei will be looking to bolster their position in the United States market next year. The company currently has 900 employees in North America, and has recently won several key contracts this year including Cox 3G CDMA Network, and supplier for Clearwire's WiMAX network. Huawei even opened an LTE development laboratory in Texas. Huawei is currently eyeing business from Teir 1 US operators, and has recently taken over as the worlds second largest mobile equipment vendor. (according to market share)
"U.S is a very important market to Huawei. We are increasing staff there to support a rise in customer business." Said Robert Fox, Cheif Branding Officer Huawei wireless division, in an interview with Dow Jones Newswires.
