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More LTE Markets for Sprint

“The third-largest U.S. wireless carrier Sprint Nextel Corp. ( S ) added 4G LTE services to four more cities namely Baltimore, Gainesville, Manhattan/Junction City and Sedalia. 

The move is part of the multi-billion dollar restructuring program known as Network Vision plan, which aims to combine 3G and 4G technologies into one seamless network. This would lead to the efficient use of capital, reduction of cell sites, the elimination of dual networks, backhaul efficiencies, reduced churn, lower roaming charges and energy cost savings. As a result, the plan is expected to generate $10 billion to $11 billion in savings over a seven-year period (2011-2017). The company expects the Network Vision deployment to be over by the end of 2013.”

 

More LTE Markets for Sprint – Analyst Blog – NASDAQ.com.

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