Sprint announces new 4G LTE cities, boasts big subscriber gains

Sprint announced its quarterly earnings yesterday, and despite a $1.3 billion net loss, actually had some good news: in addition to adding 1.6 million subscribers in Q4 2011 (Sprint's biggest quarterly subscriber gain since 2005), Sprint also posted its first year of positive adjusted operating income ($5.1 billion for all of 2011). So while that initial $1.3 billion doesn't look very good, it's really not as bad as it seems.

So what's Sprint going to do with those extra earnings?

Well, it's going to add Baltimore and Kansas city to the list of cities launching LTE and enhanced 3G in mid-2012, which already include Atlanta, Dallas, Houston, and San Antonio. If you remember, Baltimore was the first city in which Sprint's 4G WiMAX was officially launched, so it does have some historical significance. And Kansas City is practically Sprint's backyard, so it makes sense to get LTE up and running there, too.

It's certainly an exciting time to be a Sprint customer!

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