Sprint delays LTE rollout
2012-10-26 09:40 by Daniela
Tags: Sprint, LTE
Sprint Nextel's deployment of 4G LTE network, will be delayed due to several factors, the company said during its financial results call on Thursday.
"While we're encouraged by the momentum of the project, we have been seeing some delays from our vendors, largely related to logistics execution and material shortages as well as some delays related to the hurricanes in the third quarter. And now, we believe, we're approximately one quarter behind in hitting the 12,000 target," said Steven Elfman, president of network operations and wholesale, on a conference call with financial analysts.
Sprint stands behind the two largest U.S. operators, Verizon Wireless and AT&T, in LTE deployment. It offers LTE in 32 cities, while Verizon has it in more than 400 cities and AT&T expects to reach 100 cities by the end of this year.
"Our network position, we believe, is temporary and we plan to catch up," said CEO Dan Hesse. "We've constantly been playing catch-up. We are good at playing catch-up, we close the gap very quickly, but we believe with additional financial resources that we can do that much more effectively," he said.
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