I thought well T-Mobile has been improving since all the changes they have made but are they doing that well? I have not really heard much from AT&T and Sprint there are talks of a possible merger with T-Mobile. Fact is that Verizon still has more customers than say T-Mobile despite their rise and are only nibbling at Verizon’s feet. What I found is alot of data that suggests a continued decline in Verizon with a continued and gradual increase in other companies like T-Mobile. I will literally quote Walter Piecyk from BTIG Research:
Verizon’s Q2 results were marred by weak ARPU, which could have been a result of losing high-end customers to unlimited rate plans of competitors. We noted this while cutting our wireless EBITDA estimate by $2.0 billion less than a month ago. (Link) Since that time, T-Mobile has offered tax-free rate plans and Sprint cut rates on its Unlimited Freedom plan. The downward EBITDA revisions also happened after Verizon eliminated the option for consumers to purchase phones on subsidized rate plans, a move that we think generated a $1.5 billion non-cash benefit to reported EBITDA, the metric that our peers use for valuation. The bottom line is that it appears that Verizon’s perceived network advantage is no longer strong enough to keep its best customers on unattractive rate plans and it was forced to respond. We look forward to getting updated from T-Mobile on how porting ratios fared when they report Q4 tomorrow.
So Sprint has just finished their national telephone conference and the big news……
Sprint is proposing to snatch up customers by offering them the option to swithed from their current carrier and get the same plan exactly for half the price as a Sprint customer. Going further you will need to port one line to satisfy eligibility. When you switch you will be able to also choose which plan you want and have it offered at 50% off. What this means is if you are on T-mobile and you want to switch and can do that and get half off of any T-mobile plan, except T-mobile’s unlimited plan for $99. Sprint figured what is the point when their unlimited plan at $70 is already lower anyways.
The offer starts today and will be offered til about Jan 6th. Whoever takes avantage of this offer will have the plan during their contract time frame and beyond. (Of course until they upgrade and sign a new contract) Customers will have about a month to decide if they want to stay. (28 days) Also whatever company you are coming from will also reflect in your bill. So if you are from Verizon, “Verizon” will be shown on your bill with the rate plan and Sprint’s 50% discount.
If you still don’t get it…. Sprint says even a kid can understand:
Also on the table(t)…
Sprint will also offer a free tablet which will be free for 1 year. The offer is for loyal existing customers with the idea of keeping customers using their tablet afterwards. The extra cost of adding a tablet was mentioned at being $10 per month. So you get to keep that free tablet going for free for 1 year and then after that year it will cost you extra to your bill for the rest of the contract. (2yrs…Yes you are signing a contract on that tablet.) I was curious as to which tablet they would offer so since today is the day I decided to look into it and log into that account and try it out to see and it looks like it is the Alcatel One Touch Pixi 7 (crappy tablet…..don’t bother). Click on the name to get more info on the tablet. As I was logging in to the site I was more interested in the current offering for existing customers for the LG G Pad F7.0. I assume though the free year may only apply for the other one.
The conference was pretty short and cut to a certain number of questions, some questions regarding the Sprint network and and how this move would affect Sprint on the front and back ends.
Sprint is releasing LTE-Plus today which is a combination of its advanced cellular technology along with cell site optimization. LTE Plus amounts to customers seeing faster service with double the network capacity and speed, stronger service with “smart antenna technology” and more reliable service due to the use of three bands of spectrum (800Mhz, 1.9GHz, and 2.5GHz)
Carrier aggregation was mentioned during the call as a question was referred to another to person to answer. (Sorry didn’t catch his name). Both carrier aggregation and and a signal processing technique called beamforming, customers located near cell edges and indoors should see increased speeds and reliability of service. Peak speeds may reach about 100Mbps on devices that are capable.
The way LTE Plus is looking so far. It is available today in 77 major markets. Checkout the map.
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