It looks like Sprint is quickly moving on from its failed T-Mobile merger. Just a day after the two companies put an end to its merger talks, the telecommunications company has made headlines after it announced a new MVNO agreement with Altice USA.
According to the announcement, the cable operator will be launching an MVNO on Sprint’s network. In addition to allowing Altice USA to provide mobile, voice, and data services to its customers, the agreement will allow Sprint to use the cable operator’s broadband platform to speed up the densification of its own network. That could mean that Sprint customers would have access to Altice’s Optimum WiFi hotspots throughout the Northeast. Sprint could also use the cable operator’s infrastructure in 21 states to provide backhaul to towers and small cells, instead of relying on its Magic Box micro-cells in its customers’ windows.
Altice could very well be the best solution for Sprint at this time, in order for it to succeed as an independent business. With these cable lines, it can get the small cells in the locations it needs to fill its 4G network and even put a start to its 5G system.
In line with the announcement, SoftBank reaffirmed its commitment in the US market. The Japan-based company has announced that it will be increasing its stake in Sprint by up to 85 percent, depending on “market conditions.” Currently, the company owns an 82 percent stake in the telecommunications company.
As of this writing, there is no timeline yet on when Altice USA will be launching its MVNO service but we could expect that to happen in the coming months.
Source: Sprint, MobileWorldLive