Network chief Steve Elfman said the upgrade of the company's cell towers is on schedule despite the ravages of Superstorm Sandy. The company has lit up "LTE" antennas, which provide higher data speeds, in 58 cities and plans to light up another 170 in coming months. Verizon Wireless and AT&T got started on LTE earlier and have bigger networks up and running.
Sprint shares slipped 7 cents to $5.70 in afternoon trading. The previously volatile shares have been trading in a relatively narrow band between $5.40 and $6 since the Softbank deal was announced in October. The price reflects what Softbank is set to pay.