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National Wireless Independent Dealer Association

We now have the more detailed report from Bloomberg (link below) As we stated in the first post, among the options being discussed is the separation and potential sale of the prepaid businesses. Other options — such as selling airwave licenses or setting up a new fourth carrier through a network-leasing arrangement — are being discussed but Read more…

Per a report on TheFly, T-Mobile and Sprint are considering different concessions in order to save the merger, including a sale of their prepaid businesses. While the report (link below) is just a snippet at this point, the way it’s worded could mean one prepaid business (Boost?) or multiple, if not all of them. We’ll update as Read more…

The Sprint earnings call took place late yesterday and we have the facts and figures Sprint reported a net loss of $2.2 billion and operating loss of $1.7 billion in its fourth quarter, which ended March 31. The company ended the 2018 fiscal year with a net loss of $1.9 billion and operating income of $397 million. Read more…

Sprint Corporation is expected* to report earnings later today (after market close.) The report will be for the fiscal Quarter ending Mar 2019. According to Zacks Investment Research, based on 14 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.02. The reported EPS for the same quarter last year was $0.02. — NWIDA members, contact Read more…

According to an article in the Kansas City Business Journal (link below). Sprint’s promotions including free cellphone lines and rewards for Sprint Corp.’s sales representatives boosted the image of the wireless carrier’s financial health, making it appear better than reality, The report quotes a report in the Wall Street Journal. Sprint sales representatives were paid commissions based Read more…

As previously reported Sprint (and it’s prepaid brands and MVNOs) can no longer activate, or make changes to, any CDMA only handsets. Almost. NWIDA has spoken to a few MVNOs who have “pre-activated” and “frozen” a limited number of CDMA handsets, and will continue to sell them until the current supply is exhausted. But, outside of that Read more…

According to an article in The Verge (link below), Sprint & AT&T have settled their lawsuit over AT&T’s “5G E” Logo. We have amicably settled this matter,” said an AT&T spokesperson. Anonymous sources have said that AT&T would keep using “5G E” in its marketing material. AT&T and Sprint also confirmed its statement to The Verge. Both companies Read more…

(Link below) – There are some new merger documents on FCC website, including a letter to the FCC from Sprint that has some quite interesting information in it. Including: The message was clear: achieving such assumptions were not realistic and Sprint’s turnaround efforts were failing” but in 2015 Sprint extended CEO Marcelo Claure’s contract until 2019, and Read more…

Best Cellular has picked up on the Simply Wireless / Mobile Now story and then took it a step further. According to CEO Curtis McCoy: Many people are wrongly blaming Sprint for the Mobile Now shutdown. I’ve worked with a number of the Sprint executives on the wholesale side. I can tell you from experience they’re the Read more…

According to an article in MarketWatch (link below) MoffettNathanson analyst analyst Craig Moffett said that he was lowering his odds of a T-Mobile and Sprint merger to “less than a coin toss.” He called two recent announcements from T-Mobile around pricing and broadband plans in rural markets “Hail Mary” moves that wouldn’t have been made by “a team Read more…

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