In an attempt to expand its service network, Sprint Corporation (NYSE:S) has introduced 15 new carriers in its Rural Roaming Preferred Provider program and the program now includes 27 carriers to offer 4G LTE coverage.
As per the announcement, Sprint Corporation (NYSE:S) has a total of 27 carriers with the capacity of covering 565,000 square miles and the company would be able to extend its services to over 38 million customers. Michael C. Schwartz, Sprint senior VP of Corporate and Business Development, said,
“In just a few short months, Sprint has made significant progress by signing agreements covering 27 regional carriers that serve millions of people across the country. By working together, we will bring mobile broadband and better wireless devices to underserved communities while expanding 4G LTE coverage for Sprint customers.”
Rural Roaming Preferred Provider program is both strategic and cost-saving for Sprint Corporation (NYSE:S), as the company doesn’t have to invest infrastructure for providing access to 4G network and these 27 partnerships could help Sprint save up to $1.9 billion. Further, it will allow the company to improve its service at a national level, especially after it ended the partnership with T-Mobile US Inc (NYSE:TMUS).
Sprint is the third largest U.S. national carrier; however, the company does need to improve its national presence unlike the current service availability, which revolves around metropolitan areas. According to the experts and involved partners, Sprint Corporation (NYSE:S) offers more perks and better agreement terms to its partners as compared to the other networks. Sprint allows its partners to use their spectrum unlike Verizon Communications Inc. (NYSE:VZ) that limits partner networks to its own airwaves. Further, Sprint offer better roaming rates to its partners with an additional discount over the devices, which are otherwise costly for the smaller carriers.
This article has been written by Prakash Pandey.