Sprint Plans to Add “a Few Thousand” Towers to its Macrocell Network
The company will make macrocells a higher priority as capex ramps up
December 11, 2017
OVERLAND PARK, Kan. — Sprint will spend up to $6 billion for its network during fiscal year 2018, SoftBank CEO Masayoshi Son said last month. This represents a trebling of recent capital spending.
Sprint CFO Tarek Robbiati said recently at an investor conference that CAPEX amount will likely be maintained for the following year, and the carrier’s finances are solid enough that adjusted free cash flow should be “around break-even” despite the spending hike, according to fiercewireless.com.
Sprint has been criticized while focusing on small cells to densify its network, minimizing its spending on traditional towers. That strategy hasn’t always been as effective as the carrier hoped, CEO Marcelo Claure said last month, and Sprint will make macrocells a higher priority as CAPEX ramps up, according to the same article.
Robbiati said Sprint is pursuing a “neighborhood expansion” that will focus primarily on shoring up capacity within its existing footprint rather than expanding coverage. The CFO outlined plans add “a few thousand” more towers; to add tri-band support to all its towers; and, to deploy massive MIMO in its network.