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Wireless

Sprint to put at least USD 1 bln more into 5G in 2018, but continue to cut jobs

Monday 5 February 2018 | 09:42 CET | News
Sprint said it will lift its network capex by at least USD 1 billion this year in a bid to launch mobile 5G in the first half of 2019, LightReading reported. CEO Marcello Claure said the company is working with Qualcomm and others to achieve this goal. The plans were announced during a conference call following the release of the company's fiscal third quarter results. The CEO said there will also be more job cuts and that the company will continue to look for ways to reduce its costs and expenses.

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Categories: Mobile & Wireless
Companies: Altice Europe / Cox Communications / Qualcomm / Sprint
Countries: United States
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