Sprint network has faced some technical difficulties in the recent past, however, things are being fixed due to the huge progress made in company’s wireless network update.
Currently Sprint covers 260 million people with its 1,900 MHz LTE network and 92 million on its 2,500 MHz band. By the end of 2014 the company expects to serve 100 million users with its 800 MHz LTE band.
That was the message from Sprint Chief Financial Officer Joe Euteneuer, who shared an update on the company’s network status at a Bank of America investor conference earlier this week, according to a report by Wireless Week.
Company has experienced subscriber losses due to the ongoing construction work on the network that disturbed the wireless service. Euteneuer said, the construction work is now over and the company can take over its rivals.
The company has already started some serious attempts to get to increase its customer base. One of the recent offer that the company is offering to Verizon and AT&T users if they switch to Sprint – “Cut Your Bill in Half Event” is an example. Sprint is offering data plans at half the rate of their existing rates if they make the service transfer.
Sprint had a bad time recently. It lost some 272,000 postpaid customers in the quarter and announced that another 2,000 employees will lose their jobs as the company tries to save money and turn its financial performance around.
With the network upgrade Sprint is hoping to get back its lost customer base make more profit than before.