) is reportedly planning to launch its HD Voice service by July
this year. Sprint customers can enjoy this experience by using HD
Voice enabled devices, which are available across Sprint networks
such as iPhone 5s/5c, Galaxy S4 and Note 3, Nexus 5 and HTC One
and One Max. We believe the latest technology upgrades in the
voice call service will be a value addition for customers and
therefore provide significant market traction.
Apart from deploying new product and services, Sprint is also
focused on infrastructural development. The company
completed 5,000 Clearwire's LTE sites in 2013 and expects to
convert another 2,000 sites in the first half of the year. By mid
2014, the company expects to begin deploying 2.5 GHz network on
selected sites covering around 100 million 2.5 GHz LTE POPs by
the end of 2014.
The company also acquired Handmark Inc., a Kansas City-based
developer and distributor of mobile applications along with its
subsidiary OneLouder Apps Inc. to aid Sprint's Pinsight Media,
which offers advertising services targeted at the enterprise
segment. The acquired companies are also likely to enhance
Sprint's capabilities in branding and app development.
Further, the company is stepping beyond its domestic domain
and seeking opportunities in the European continent. The company
has extended its Session Initiative Protocol (SIP) Trunking
services to 12 countries in Europe including key markets like UK,
Germany, France, Italy and the Netherlands. The SIP service is
aimed at providing affordable services of voice over IP (VoIP)
coupled with Sprint's Global MPLS network.
We believe these strategies will fortify the company's market
penetration and furnish it with significant financial synergies
as well as competitive advantage.
Sprint currently has a Zacks Rank #3 (Hold).
Better-ranked stocks in this sector include S
henandoah Telecommunications Co.
Nippon Telegraph and Telephone
Level 3 Communications, Inc.
). While Shenandoah and Nippon boast a Zacks Rank #1 (Strong
Buy), Level 3 Communications carries a Zacks Rank #2 (Buy).
LEVEL 3 COMM (LVLT): Free Stock Analysis
NIPPON TELE-ADR (NTT): Free Stock Analysis
SPRINT CORP (S): Free Stock Analysis Report
SHENANDOAH TELE (SHEN): Free Stock Analysis
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