Taking into consideration Sprint (NYSE:S) released their 3G Samsung Galaxy Tab not too long ago, they're moving quickly into 4G tablets, with an announcement they're going to release their first one in 2011.
Sprint customers have expressed some dismay at the announcement coming so quickly after the 3G release.
The question for Sprint is whether or not they believe consumers will wait on them for the 4G release.
Paget Alves, Sprint’s President of Business Markets, recently stated on the issue, “We’ve been in this market for over two years. We’ve had a lot of time to work with our customers and build up a portfolio of 4G devices and services.” Reliability will pay out, at the end of the day. Also, the branding of all fast networks as 4G will “eventually backfire. Then it will be more about delivering what people expect from a ‘4G’ experience.”
Credit Suisse (NYSE:CS) maintains their “Highest Conviction Outperform” rating on Sprint, which is trading at $4.42 up $0.20, or 4.74 percent, as of 1:32 PM EST. They raised their price target on them from $6 to $8.
Showing posts with label 4G Tablet. Show all posts
Showing posts with label 4G Tablet. Show all posts
Monday, December 13, 2010
Thursday, December 9, 2010
Sprint (NYSE:S) Offering 4G Tablet in 2011
Responding to disappointment over their first entry into the tablet market, Sprint (NYSE:S) said feedback over their 3G offering has been heard and they're prepared to offer a 4G tablet in 2011.
Sprint already has a portfolio of 4G devices, something they feel will help them compete in the 4G tablet market against Verizon (NYSE:VZ) and others.
Included in their 4G product line are a 3G/4G notebook, HTC’s EVO and Samsung’s Galaxy S Epic 4G phones, a 3G/4G netbook and a few USB modems.
Teresa Kellett, Sprint’s Director of 4G said, “You will see 4G across our portfolio even more next year. We want our consumers to have more choice in 4G devices.”
Sprint’s President of Business Markets, Paget Alves, said the growing branding and marketing of the term 4G will probably bring it to commodity status. “Throwing around that term will make it less meaningful,” said Alves. “Then it will be more about delivering what people expect from a ‘4G’ experience.”
As far as who will be manufacturing the 4G tablet for 2011, the decision hasn't been made yet.
Sprint was tradng at $4.14, up $0.03, or 0.61 percent, as of 2:30 PM EST.
Sprint already has a portfolio of 4G devices, something they feel will help them compete in the 4G tablet market against Verizon (NYSE:VZ) and others.
Included in their 4G product line are a 3G/4G notebook, HTC’s EVO and Samsung’s Galaxy S Epic 4G phones, a 3G/4G netbook and a few USB modems.
Teresa Kellett, Sprint’s Director of 4G said, “You will see 4G across our portfolio even more next year. We want our consumers to have more choice in 4G devices.”
Sprint’s President of Business Markets, Paget Alves, said the growing branding and marketing of the term 4G will probably bring it to commodity status. “Throwing around that term will make it less meaningful,” said Alves. “Then it will be more about delivering what people expect from a ‘4G’ experience.”
As far as who will be manufacturing the 4G tablet for 2011, the decision hasn't been made yet.
Sprint was tradng at $4.14, up $0.03, or 0.61 percent, as of 2:30 PM EST.
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