On a group discussion call to discuss the effect , CEO Dan Hesse also say Sprint aims to take reward of Clearwire ’s planned 4 G LTE web to unload mobile data expenditure from its own internet .
Sprint tried to make up foruncertainty and concernsthat came in the wake of a fiscal analyst group discussion on Oct. 7 , when it render virtually no view of what it expected from the iPhone and small information about its future relationship with Clearwire .
Sprint start selling iPhones on Oct. 14 under a four - year deal with Apple . In the first few weeks of availableness , the devices have attracted new customers at a faster rate than any previous Sprint smartphone and quicker than the carrier ’s own business program gauge , Hesse said .
“ Our other issue selling the iPhone and iPhone 4 confirm the iPhone ’s ability to draw new customers , ” Hesse said . But Sprint is n’t vary its business plan yet on the strength of those results . “ You do n’t declare triumph after two weeks , ” he said .
Over the retiring few years , the deficiency of an iPhone option has been the biggest reason why Sprint ratifier have left and why possible customer have n’t tried Sprint , Hesse said .
Sprint is n’t worried about its 3 G EV - DO ( Evolution - Data Optimized ) electronic internet slow up down under grow capacity need from the iPhone , which is n’t outfit to use 4G. In fact , because of the phone ’s effective manipulation of the electronic internet , the load will probably be reduce , Hesse aver .
“ iPhone users are expected to use significantly less 3 G than a typical user of a dual - mode 3G/4 G gadget , ” Hesse said .
The cost of rolling out the iPhone , plus the carrier wave ’s internet Vision substructure project , will have a John Cash shortage at Sprint over the next few years , but by 2015 , the welfare of the two initiatives will outweigh the costs , said Chief Financial Officer Joe Euteneuer .
For the third quarter ended Sept. 30 , Sprint post a last personnel casualty of $ 301 million , or 10 centime per share , on revenue of $ 8.33 billion . Compared with last year ’s third quarter , taxation was up from $ 8.15 billion and the company ’s net expiration pin down from 30 penny per share .