With merger talks over for now, Sprint focuses on upgrading its network
Claure says that promotional deals for the tenth anniversary model will be fewer and less aggressive than seen for the iPhone 7 last year. Still, some carriers are offering $300 off the iPhone X with a trade-in. The executive says that Sprint will have a strong fourth quarter thanks to heavy demand for the iPhone X.
Sprint's CEO also got to touch on the reason why the Sprint-T-Mobile merger talks broke down. Claure confirmed that the major issue that caused the talks to collapse was the demand made by SoftBank CEO and Sprint Chairman Masayoshi Son to have control of the combined company. The broad outline of the deal reportedly agreed to by both sides had T-Mobile parent Deutsche Telekom owning a majority of the merged carrier, with T-Mobile president and CEO John Legere running the newly formed operator.
Now that it seems apparent Sprint will be calling its own shots, Claure says that the company will spit and polish its pipeline, upgrading its network at a cost in excess of $5 to $6 billion a year. Sprint has a treasure trove of high-frequency spectrum in the 2.5GHz frequency band.