Sprint (S) beat its rivals to the market with the first 4G network, but CEO Dan Hesse concedes...

|About: Sprint Corporation (S)|By:, SA News Editor

Sprint (S) beat its rivals to the market with the first 4G network, but CEO Dan Hesse concedes that "we thought we would have more of a head start than we'll end up having." The manufacturer can’t keep up with demand for the HTC EVO, and the phone is backordered with no estimated ship date. Meanwhile, Verizon (VZ) and AT&T (T) are close to launching their own 4G networks.