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Some of Wells Fargo's notes on Sprint (S +7.1%) CEO Dan Hesse's remarks: 1) Sprint expects to...

Some of Wells Fargo's notes on Sprint (S +7.1%) CEO Dan Hesse's remarks: 1) Sprint expects to take part in industry consolidation because it "views itself as sub-scale" (compared with AT&T/Verizon, no doubt). 2) Hesse thinks it doesn't make sense for Sprint to raise prices while it has an LTE coverage disadvantage. 3) The recent jump in Sprint's Nextel retention rate is unlikely to last. 4) Smartphone sales are expected to continue lifting ARPU. CLWR +13%. PCS +5.2%. LEAP +1.7%.
Comments (2)
  • horseman
    , contributor
    Comments (184) | Send Message
     
    Comments too nebulous and vague for my taste!
    19 Sep 2012, 05:32 PM Reply Like
  • ignignokt
    , contributor
    Comment (1) | Send Message
     
    Agreed. Unlimited Data is worthwhile, even on 3G. The 4G rollout seems delayed by raptors on the towers. For me the upshot is I haven't trusted a thing Wells Fargo has said since I dropped them as a bank 12 years ago.
    20 Sep 2012, 12:03 AM Reply Like
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