Sprint’s COO of Technology Guenther Ottendorfer, who announced hours after taping an interview with Cheddar Friday that he is stepping down from his post, discussed what the telecommunications company has in store for the year ahead. Ottendorfer said that in 2018 Sprint is looking to add new sites to its network and will spend $5 to $6 billion in the next year. He added the company is prioritizing massive MIMO, a multi-antenna technology, and plans to expand its High Performance User Equipment (HPUE) program, which was unveiled in late 2016. “That will help us, in a world of growing data, to fulfill our customer demands,” Ottendorfer said. In a statement he said that HPUE can expand its 2.5 GHz coverage by up to 30 percent, including indoors. These investments come after Sprint recently called off a merger with rival carrier T-Mobile. The companies have been in talks on and off since 2013. The wireless telecommunication market in the United States was worth an estimated $256 billion in 2016, according to Statista. Currently, the industry is dominated by both AT&T and Verizon, the same report noted. A merger of the #3 and #4 players in the industry would have still lagged behind the giants. Still, analysts consider that as consumers prefer unlimited data, both Sprint and T-Mobile are poised to chip away the AT&T and Verizon’s market share dominance. In the tweet Friday, Ottendorfer said he was leaving the company to be with family in Vienna. “I have been working here with full energy [and] passion [and] I am proud of all we have accomplished and [I’m] excited for what Sprint will do next!” he said in the tweet, adding that the “network is in excellent hands [with] my friend Dr. John Saw,” Ottendorfer said. He’d been with Sprint since 2015.

Share:
More In Business
Spain fines Airbnb $75 million for unlicensed tourist rentals
Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot files for bankruptcy protection; will be taken private under restructuring
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia organized crime prosecutors charge minister, others in connection with Kushner-linked project
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
Load More