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After Sprint CEO made $43 million last year, Sprint to lose 900k subs this quarter

Posted by wicked July - 25 - 2014 - Friday Comments Off

Dan Hesse, CEO of Sprint Corp- KansasCity

Last week, it was reported by FierceWireless that Sprint is likely going to report significant subscriber losses for the second quarter. In fact, Sprint is expected to report close to 900,000 handset subscriber losses for the second quarter. The losses of Sprint are mostly due to terrible service from questionable coverage, call quality and network speeds.

Now, an adviser service is signaling their opposition to Sprint’s CEO Dan Hesse’s $49 million pay package for 2013.

“Institutional Shareholder Services said it is challenging the pay package because Hesse’s special equity award of $18.7 million was “entirely time-based, lacking connection to any performance criteria.” Institutional Shareholder Services also said that Sprint didn’t disclose the goals surrounding Hesse’s $16.7 million equity grant.” - FierceWireless

Hesse’s $49 million package was more than 3.2 times the median pay level of his CEO peers and made him easily the highest-paid executive at a publicly traded company in the wireless industry in 2013.

  • T-Mobile CEO John Legere was paid a total of $29.2 million in 2013, making him the second highest paid wireless executive in 2013.
  • AT&T CEO Randall Stephenson made $23.24 million in 2013.
  • Verizon CEO Lowell McAdam made $15.82 million in 2013.

sprint-nextel-quarterly-net-postpaid-wireless-customer-additions-sprint-nextel_chartbuilder

Hesse is signed to an employment term through July 31, 2018, subject to earlier termination as provided in the agreement. Sprint said the package was “intended to enhance our ability to retain Mr. Hesse’s leadership for a minimum period of at least five years during which the Company plans to undergo a transformative change.”

Sadly, it is extremely unlikely that Institutional Shareholder Services will get anywhere.


Source: FierceWireless;

Sprint may have competition in bidding for T-Mobile

Posted by wicked July - 22 - 2014 - Tuesday Comments Off

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With rumors of Sprint and T-Mobile finalizing a deal that would merge the two companies, rumors are now being revealed which hint at Mexican billionaire Carlos Slim being interested in purchasing T-Mobile.

According to the Wall Street Journal, Slim recently received cash from his sale of shares of América Móvil and currently owns an interest TracFone, a US prepaid wireless service that is the country’s fifth largest carrier. TracFone currently leases capacity in large cellular networks operators like AT&T and Sprint.

Last week, America Movil announced that it was going to slash its market share in Mexico from 70% to 50% to avoid sanctions from the Mexican government.

Screen Shot 2013-04-22 at 17.02.57 Source url

Money is not likely going to be a factor for Slim as he recently was named the richest person in the world with a fortune of $79.6 billion. As the Wall Street Journal mentions, Slim has been active in the U.S. with purchased stakes in Saks Inc., OfficeMax Inc. and the New York Times.

Unfortunately for Slim, if the talks between Sprint and T-Mobile are in fact close to being finished, it is unlikely that Slim could make a legitimate run at T-Mobile.

Sprint LG G2 Updated, Brings Knock Code

Posted by Tim-o-tato July - 21 - 2014 - Monday Comments Off

A new update is hitting LG G2 devices on Sprint, which brings LG’s Knock Code to last year’s flagship device. The addition of Knock Code is the only thing listed in the changelog, so the update process should go rather quickly once you see it hit your device. 

Knock Code allows users to set up a pattern lock for their device, which puts a square outline on your lockscreen, split up into quadrants. Then, like a game of old school Simon, you decide what the pattern will be that unlocks your device using the quadrants.

G2 owners on Sprint, be on the lookout for this update to hit your device.

Once downloaded, make sure you are securing your device from baddies.

Via: Sprint

Sprint LG G2 Updated, Brings Knock Code is a post from: Droid Life

Softbank’s Son getting ready for long merger battle

Posted by wicked July - 15 - 2014 - Tuesday Comments Off

sprint_t_mobile_logos_merger_2

As Sprint edges closer to a merger deal with T-Mobile, sources say the parties involved are bracing for a longer than expected approval process. This has triggered lenders to seek higher fees as part of the financing deals. Both Softbank, Sprint’s controlling shareholder, and T-Mobile shareholder Deutsche Telekom AG expect the regulatory approval process to take at least 12 months. Building in some cushion to the schedule, it is expected a drop-dead date will be set for around 18 months after an official announcement is made.

Besides the long regulatory process, Softbank and Deutsche Telekom also appear to be seriously considering being prepared for a legal challenge if the government rejects the deal. In 2011 when AT&T’s move to acquire T-Mobile was turned down, the company initially announced it would fight it in court, but eventually backed off citing the high costs of litigation.

Softbank’s Masayoshi Son revealed a little bit of the strategy the company may use to get around the U.S. government’s position that four players are needed in the wireless market. It appears the argument will be made that wireless carriers are more about providing Internet services, a market in which AT&T, Verizon, and Comcast are the major players. A merger of Sprint and T-Mobile would create a fourth alternative that could compete with those companies in offering high-speed wireless Internet services to consumers.

Sources indicate the primary companies involved in the merger talks are close to a deal with only details, notably fees for lenders, to be ironed out. An announcement could come as soon as August.

source: Bloomberg
via: TmoNews

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Sprint rolling out update to LG G3 and G Flex to activate WiFi Calling

Posted by wicked July - 14 - 2014 - Monday Comments Off

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Over the course of the next few weeks, Sprint will be rolling out an update to two LG devices. The update brings the carrier’s WiFi Calling feature that literally allows customers to place calls and send messages over a WiFi network at no extra charge. Assuming the WiFi network being used is stable, improved quality can be expected. The international aspect of this feature will also launch in the coming weeks.

The two devices receiving the update are the G3 and G Flex. An update notification will appear for those devices and a download will begin when accepted. Once complete, install and WiFi Calling is almost ready to go. A WiFi Calling app will be placed in the Apps folder for setup. Sprint currently offers WiFi Calling for many devices from Samsung and HTC already while intending to expand the offering to many more devices through the rest of 2014.

Let us know when you receive the update.

Source: Sprint

Come comment on this article: Sprint rolling out update to LG G3 and G Flex to activate WiFi Calling

Sprint, T-Mobile merger details being finalized

Posted by wicked July - 14 - 2014 - Monday Comments Off

sprint-tmobileFor awhile, we have been reporting about the potential merger between Sprint & T-Mobile being close, especially with Sprint having finalized financing for the deal.

Now, tm0news alerts us to a report from Asian publication, Nikkei, that claims that a deal is officially in place and just the final details need to be ironed out.

“SoftBank is purportedly seeking to buy more than 50% of T-Mobile US shares from German telecoms giant, Deutsche Telekom, which currently owns a majority 67% stake. Nikkei reports that SoftBank will use cash and stock swaps to find the $16 billion (1.7 trillion yen) required to buy that 50% stake.” - tmonews

As we have discussed previously, Sprint Chairman Masayoshi Son has continued promising that he would start a price war if allowed to merge with T-Mobile.

screen-shot-2014-02-14-at-9-02-38-am GeekWire

Unfortuately for Son, when regulators turned down the AT&T and T-Mobile merger, one of the explicit reasons for doing so was that the country was better off with four national wireless carriers. Several weeks ago, telecom analyst Craig Moffett wrote that the T-Mobile Sprint merger had less than a 10% chance of getting regulatory approval.

Rumors have been circulating for awhile now that if allowed to merge, Sprint intends to retain T-Mobile CEO John Legere. Although that would be a great move for the new company, would it be enough to counter the fact that the country would be losing a significant national competitor?

Sprint now taking orders for LG G3

Posted by wicked July - 11 - 2014 - Friday Comments Off

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Sprint customers, current or would be, who want to get their hands on the LG G3 can now place their orders online. As previously reported, opting for an Easy Pay plan will yield buyers a $150 cash reward card if an order is placed by July 24th. Sprint had previously indicated they would start taking pre-orders for the G3 today. However, the web site appears to indicate they are taking actual orders, not pre-orders for the device although they do not indicate when the phones are expected to ship other than the boilerplate “2-5 business days.” Buyers on Sprint have a choice of gold or black for a G3.

 

Come comment on this article: Sprint now taking orders for LG G3

Sprint LG G3 Now Up for Pre-order, $199 on Two-year Agreement (Updated)

Posted by Tim-o-tato July - 11 - 2014 - Friday Comments Off

While pre-orders have been up through Verizon for the LG G3 since yesterday, and the device is now officially available at AT&T, Sprint’s own G3 is now up for pre-order. Priced at the same point as the AT&T model, customers can opt for either a $199, two-year agreement or the carriers’ Easy Pay plan of $0 down and 24 months of $25 equal payments. 

While the specifications will be the same on Sprint as any other carrier, it seems that Sprint is the only network to not offer the White version of the phone. Instead, they have an exclusive Gold-colored version, which a few folks might think is pretty hot.

If pre-ordered, customers can expect to have their devices shipping out around July 18, one week from today. Not too long of a wait, especially if having a G3 with Spark connectivity is something you are craving.

Has everyone ordered their G3 yet?

Update: Sprint has apparently made the device available, in stores, a week early. If you order the phone today, expect to receive it much sooner than previously stated. Cheers, Sprint!

Via: Sprint

Sprint LG G3 Now Up for Pre-order, $199 on Two-year Agreement (Updated) is a post from: Droid Life

Sprint livePro

First introduced at CES as the Projector Hotspot, the ZTE-made LivePro is a crazy contraption that, Sprint hopes, is more than the sum of its parts. And boy, there are a lot of parts to talk about.

Sprint describes the LivePro as a “easily pocketable multiuse mini projector and mobile hotspot” and hopes to sell it to professionals who need an all-in-one tool for presentations on the go.

LivePro Features:

  • Sprint Spark™, a unique combination of advanced network capabilities built for data delivering peak
  • wireless speeds of 60Mbps today on capable devices
  • Android™ 4.2, Jelly Bean
  • 1.2GHz dual-core processor (Qualcomm® Snapdragon® MSM8930 chipset)
  • 3G/4G LTE mobile hotspot capability supporting up to 8 Wi-Fi® enabled devices simultaneously
  • Google Mobile™ wireless services, such as Google Chrome, Google Search™, Gmail™, Google Maps™
  • for Android, Google Calendar™, Drive and YouTube™
  • Google Play™ with more than 1 million apps, millions of songs and books, and thousands of movies
  • Power bank – backup power supply charging for mobile phones
  • 1080p resolution input
  • Wi-Fi Miracast® to wirelessly mirror a smartphone or tablet display
  • Wi-Fi 802.11 b/g/n
  • Embedded speaker
  • 3.5mm stereo headset/speaker jack
  • Bluetooth®

Starting with the projecting feature, the 4.7 x 4.7 inches unit features a digital light projector capable of outputting a maximum resolution of 1,920×1,080 at up to 100 lumens, for an up to 10 feet image. The DLP can project in 4:3 or 16:9 and features a contrast rate of 1,000 to 1. The LivePro features built-in speakers, microUSB and an HDMI ports, and a 3.5 mm jack for plugging in headphones or speakers, as well as Miracast support.

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Powering the LivePro (and any device attached to it via microUSB) is a 5,000 mAh battery unit. There’s a 4-inch screen and a dual-core processor that allows the gizmo to run Android 4.2, with full access to the Play Store.

Of course, for Sprint the biggest feature of the LivePro is the “3G/4G LTE mobile hotspot capability supporting up to 8 Wi-Fi enabled devices simultaneously.” You will need a special plan, of course: “Sprint mobile broadband data plans for LivePro start at $34.99 per month for 3GB of combined 3G/4G data while on the Sprint network. Customers can choose the $49.99 plan with 6GB of combined 3G/4G data or $79.99 plan with 12GB of 3G/4G data. (All pricing excludes taxes and surcharges.)”

As you’d expect from such a feature packed device, the LivePro costs a hefty $449. More details in the press release.

Show Press Release

OVERLAND PARK, Kan. – July 9, 2014 – It’s the most important presentation of your career. You walk into the boardroom and learn your client’s Internet access is down and the projector bulb burned out. What do you do?  Never again should you have to face this nightmare after the July 11 debut of the world’s first commercially available pocket projector and mobile hotspot, Sprint LivePro™.

 

This innovative new device combines a mini projector with a 10-inch to 10-foot projection display and 3G/4G LTE mobile hotspot powered by the super-high-speed network data capabilities of Sprint Spark™, where available, and supports up to eight Wi-Fi® enabled devices simultaneously.

 

It will be available exclusively from Sprint (NYSE: S) in select Sprint Stores, and through Sprint direct ship sales channels, including Sprint Stores, Business Sales, Web Sales and Telesales at 1-800-SPRINT1. With Sprint Easy Pay, well-qualified buyers can purchase Sprint LivePro with $0 down (plus tax) and 24 monthly payments of $18.751.

 

“Whether it’s a boardroom proposal or backyard movie night, Sprint LivePro is a one-of-a-kind device that combines the enhanced LTE network capabilities of Sprint Spark with an easily portable projector that helps you get work done or keep the family entertained,” said David Owens, senior vice president of Product Development, Sprint. “Sprint LivePro has a high-quality projection display making it easy to share important information on a movie screen, wall or any other flat surface. Its mobile hotspot is powered by Sprint Spark, offering blazing-fast network speeds for downloading important videos or presentations on the Web.”

 

Measuring 4.7 inches x 4.7 inches and only 1.1 inches thick, Sprint LivePro easily fits in a briefcase or purse and features an embedded speaker providing audio during video or presentations.For bigger sound, separate speakers can be paired via Bluetooth® or attached to the device with a 3.5mm jack.

 

LivePro offers an easy-to-use 4-inch touchscreen display and Android™ 4.2, Jelly Bean, user interface, making it easy to access content and use the hotspot. The large 5,000mAh lithium ion battery can also be used as a power bank to charge a smartphone, tablet or other devices using a USB cable.

 

Users can share content using HDMI or USB cables, or wirelessly mirror a smartphone or tablet display using Wi-Fi Miracast®. Through the Wi-Fi connection, users can also pull content from the Cloud directly from the device and stream video and audio content easily with a Wi-Fi connection or data plan. Files can be shared and stored on LivePro using Bluetooth, an HDMI or USB cable as well.

 

Sprint LivePro is also a great tool for entertaining. At the next family barbecue, the cordless projector can be used to watch video or play a game in the backyard. Customers can also use the mobile hotspot to pull and share content from the Web.

 

Featuring access to Google Play™, with more than 1 million apps, millions of songs and books, and thousands of movies, LivePro can keep guests entertained well into the night. LivePro also includes Google Mobile™ wireless services, such as Google Chrome, Google Search™, Gmail™, Google Maps™ for Android, Google Calendar™, Drive and YouTube™.

 

Sprint mobile broadband data plans for LivePro start at $34.99 per month for 3GB of combined 3G/4G data while on the Sprint network. Customers can choose the $49.99 plan with 6GB of combined 3G/4G data or $79.99 plan with 12GB of 3G/4G data. (All pricing excludes taxes and surcharges.)

Sprint adds the ZTE LivePro to portfolio

Posted by wicked July - 9 - 2014 - Wednesday Comments Off

sprint_livepro_zte_02

During CES 2014, one of the devices that we checked out was a combination projector and hotspot device from ZTE going by the generic “Projector Hotspot” name. As shown during our hands one review of the ZTE Projector Hotspot, it functions exactly as its name implies. It has a built-in projector that is capable of projecting an image up to 120 x 120 inches. Powered by Android, it functions like any Android device with the additional option of displaying whatever is being displaying on the screen via the projector. The device also comes with a couple ports for physical connections or it can be used to wirelessly mirror a  smartphone screen. As an added bonus, the device can function as a mobile hotspot for up to eight devices.

ZTE has announced that Sprint is picking up the device, to be named the Sprint LivePro, and it is scheduled to go on sale starting July 11th. Sprint will let you buy it using a Sprint Easy Pay Plan for zero down and $18.75 per month for 24 months. You will also need to add a two year contract for a data plan, starting at $34.99 per month for 3GB of data, though more expensive plans are available if additional data is needed.

sprint_livepro_zte_01

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