News
Sprint CFO: Apple deal would cover LTE iPhone
By Charles Starrett
Contributing Editor
Published: Wednesday, March 28, 2012
News Categories: iPhone
Speaking at an investor conference, Sprint Chief Financial Officer Joe Euteneuer has indicated that the company is free to offer a future iPhone model sporting LTE networking. Dow Jones Newswires reports that Euteneuer declined to say if Apple has such a model planned, but did say that Sprint’s contract with Apple is similar to those of rival carriers Verizon and AT&T, and that the carrier isn’t subject to any LTE coverage requirements in order to carry such a device. “If you make the assumption that they launch a device at a similar time that they did last year, you’re basically done with the major markets” on Sprint’s 4G LTE buildout, Euteneuer said, noting the carrier plans to initially cover around 100 million Americans. “So I don’t think we are really disadvantaged at all.” Notably, Sprint does not currently offer the iPad with Wi-Fi + 4G, although it has yet to publicly launch its LTE network.
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