Sprint has this morning reported its financial results for the first quarter of 2013, and they show yet another loss for America’s third-largest carrier. The company announced a $643 million net loss on $8.79 billion revenue, though it did manage to generate a positive operating revenue of $29 million.
Sprint sold 5 million smartphones during the period, 1.5 million of which were iPhones.
Satellite TV provider Dish Network is looking to derail Sprint’s deal with SoftBank and acquire the carrier with a $25.5 billion bid. Dish has offered $17.3bn in cash and $8.2bn in stock for 100% of Sprint shares, and the company argues that the deal represents a 13% premium over SoftBanks “complicated” bid to acquire 70% for $20.1 billion.
T-Mobile CEO John Legere kicked off the company’s press event in New York City today with an aggressive yet entertaining onslaught against rival carriers. He called for the likes of AT&T, Verizon, and Sprint to “stop the bullshit” with traditional subsidy models, which T-Mobile has now abandoned in favor of its new “Uncarrier” plans.
It’s only taken just under six years, but T-Mobile has finally reached a deal with Apple to sell the iPhone. The iPhone 5 will be one of the first devices available on T-Mobile’s new LTE network, launched today, and it’ll be available to purchase for a $99 up-front fee starting April 12.
Sprint has been racing to catch up with Verizon and AT&T with LTE coverage over the past couple of months, and while they don’t have nearly as much coverage as the two cellular giants, they’re starting to get LTE into some of the most important U.S. metropolitan markets now.
This morning Sprint activated their LTE coverage for San Francisco, however it’s not in full bloom just yet.
Sprint has today announced its fourth quarter and full year financial results for 2012, and they don’t make for pleasant reading. Despite healthy smartphone sales driven by the iPhone, the carrier reported a loss of $1.3 billion for during the three-month period, which is the same figure it lost during Q4 2011. It also saw more than 1 million Nextel subscribers jumping ship.
The new 128GB iPad with Retina display is now available to order from the Apple online store. The device is priced from $799, and it’s currently shipping in 1-3 business days. You’ll also be able to find it in your local Apple retail store.
After investing billions into the iPhone, Sprint is trying to play catch with Verizon and AT&T and deliver 4G LTE data across the U.S. They already have 4G LTE in nearly 200 cities, or are in the process of delivering it, but they’ll need to add a lot more coverage if they really want to compete with AT&T and Verizon.
Yesterday, Sprint announced that they are going to bring 4G LTE to 28 additional cities in the U.S. within the next few months. If you’re in one of the new cities, Sprint says that you can actually uses the 4G LTE network during the pre-launch phase as soon as you get a signal.
Here’s a list of all the new places that will get some juicy LTE later this year:
Buying an iPhone without getting AppleCare+ or your provider’s insurance plan is a bad move. You’re going to break that screen eventually trust us.
If you don’t live near an Apple Store, then you might want to go with your carrier’s own insurance protection plan on your iPhone. AT&T & Verizon already offer insurance for iPhone customers, and Sprint is finally joining the mix too.