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Sprint PCS Rolls Out 3G. Should Investors Care?

While the industry hopes that the Sprint introduction of 3G, behind Verizon and AT&T will be a shot in the arm for cellular, analysts from Lehman Brothers dont see the business generating free cash flow because of its $16 billion debt. Pricing of the service works out to about $1.50 per megabyte. (Ed note: Using Sprint 3G would make one hi-res download of BDs next issue cost about $10.00.) Contrarily, USB Warburg thinks the $4/share Sprint can have growth to $17/share. (09-02BD78-15)

Barrons Technology Week
August 9, 2002, p.1


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