Determined to 'attack its cost base,' looking at labor costs, OpEx, IT and administrative expenses
Reuters
(Reuters) - Sprint Corp plans to save up to $1 billion in costs by relocating its radio towers to low-cost government-owned properties from space leased from private firms, Re/code reported, citing sources.
The U.S. telecom company plans to relocate towers from the more expensive space leased from Crown Castle International Corp and American Tower Corp as soon as June or July, Re/code said on Friday.
But the move, dubbed the Next Generation Network, would result in a wave of network hiccups, Re/code reported, citing a person familiar with the company's plan.