Sprint’s network speed improves in Denver
In the last part of this series, we learned that Sprint (S) is improving its customers’ experience by opening new stores. Now, we’ll look at the company’s improved network performance. According to Sprint’s press release on April 9, 2015, the wireless carrier was ranked first, along with Verizon (VZ) and T-Mobile (TMUS), for network speed in the Denver market. This is based on RootMetrics’ 1H15 results for the market.
Sprint received the highest score for network speed in 1H15 among the four national carriers in the Denver market. As you can see in the above chart, its was closely followed by Verizon and T-Mobile in these results. However, AT&T (T) received the lowest network speed score in the market.
This is a significant achievement for Sprint. According to the company, in Denver its download speed—median—increased by 57% from RootMetrics’ last test in October 2014. In 2H14, Sprint had the worst network speed performance in Denver—among the four largest national wireless carriers.
Sprint has the second best overall network performance in Denver
Based on the same network testing results from RootMetrics, Sprint was ranked second in the overall network performance in Denver in 1H15. Sprint replaced T-Mobile. T-Mobile was ranked second in this performance metric in 2H14. Verizon was ranked first in Denver in the 1H15. In Denver, AT&T moved down in the rankings for this metric. It had the lowest rank in 1H15. It was ranked third in overall network performance in 2H14.
If you want to get diversified exposure to Sprint, you can invest in the iShares U.S. Telecommunications ETF (IYZ). IYZ held ~4.1% in the wireless carrier on March 31, 2015. You can get more diversified exposure to the company by investing in the iShares Russell 1000 Value ETF (IWD). IWD held 0.03% in Sprint on the same date.