Sprint looking to raise $2B to fund LTE network

7. theBankRobber posted on 28 Feb 2012, 11:04 8 0

Nextel fell off by itself and Spirit is really good, all depends on your location.

5. DOGIEFRESH posted on 28 Feb 2012, 10:51 1 2

Sad but true Sprint is know for taking bad decision like WI-MAX, investors see those numbers and nobody in a sane state of mind will put a dollar on those guys....!!!!

8. audiblenarcotic posted on 28 Feb 2012, 11:35 4 0

You do realize that Sprint didn't have a choice with using Wimax, right?

The spectrum that Sprint used for the Wimax network was aquired by Sprint with the Nextel merger. Nextel was had to swap spectrum with the goverment and had a time limit in which to use it. As the dealine approached Wimax was ready and LTE was not. Therefore, the choice was Wimax or forfiet the spectrum. I think they made the right one.

Its also actually surprisingly easy to transition from Wimax to LTE on the towers.

I have no doubt that they will get whatever funding that is needed.

12. HäckeMáte posted on 28 Feb 2012, 19:14 0 0

If it wasnt for WiMax we woulda never gotten an EVO... if it werent for the EVOs succes, we wouldnt have had the money for the iPhone...

The way u gota look at it is this... Wimax was got Sprint to where it is today, now all they need is LTE.

Sprints only mistake was buying into Clearwire... Now THATS a company that has no idea of leadership. Opening retail stores in malls?!? Really? what was clearwire thinking? Like ppl are going to walk around the mall and say "hmm u know what would look great with these shoes, a wholesale line with Clearwire =D

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• This comment is posted in response to #8 Hide

10. downphoenix posted on 28 Feb 2012, 13:56 2 0

And said LTE doesnt matter if you can burn through the cap with a couple hours of heavy browsing on data intensive sites like Youtube or sites that use flash content. That would be like having a ferrari that you're limited to about 3 or 4 gallons of gas a month, vs a camry where you can get as much gas as you want. As sexy as the ferrari is, it doesnt do much good if I have to leave it in the driveway most days out of the month.

11. Metalspy8 posted on 28 Feb 2012, 16:05 1 0

yup....im with sprint for life eventually they will rise....not that they are in the dirt they are saving me crap load on my family plan ....just give it some time ...