Sprint still expects to have the first phase...
Sprint still expects to have the first phase of its Network Vision network upgrade plan “largely complete” by the middle of 2014, Wells Fargo analyst Davis Hebert said Tuesday in a note to investors. Hebert was among the Wells Fargo…
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staff and investors that met with Sprint CEO Dan Hesse, Chief Financial Officer Joe Eutenauer and other Sprint executives Tuesday. Network Vision’s first phase involves an enhanced 3G and LTE overlay at Sprint’s 38,000 cell sites, as well as the now-completed shutdown of the old Nextel iDEN network. The carrier expects its LTE network to cover an area containing a potential 200 million customers by the end of the year, Hebert said. Network Vision’s second phase -- the incorporation of the 2.5 GHz spectrum Sprint acquired in its buyout of Clearwire -- “has yet to begin,” Hebert said. Sprint expects to reveal more details about incorporation of this spectrum “at some point in the not-too-distant future,” he said.