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Sprint rumored to work on 9,000-site LTE expansion

Feb. 25, 2015 12:53 PM ETSprint Corporation (S) StockSFTBF, SFTBY, SBy: Jason Aycock, SA News Editor53 Comments
  • Sprint (NYSE:S) just keeps moving today (up 6.7%) alongside rumors that its network expansion may be more aggressive than announced.
  • Aside from Sprint's recent 48-market Spark/LTE rollout, niche Sprint-network tracker S4GRU claims there are plans for 9,000 new LTE sites -- a key organic move, after Sprint had previously expanded via different tech from Nextel and Clearwire.
  • The plan is supposedly highly targeted per market and will involve "significant capital spend" -- which would raise the question: If Masa Son (OTCPK:SFTBY) is keeping a close eye on the purse, where's the money coming from?
  • "Project Ocean" and "Project Cedar" expansions in central U.S. and Montana are already funded, but the other 8,000 sites will need some detailing for any funds beyond initiation.

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