Sprint is known for being aggressive with deals, but soon we're going to see the carrier do something a little different.
Sprint CEO Marcelo Claure said today that his company will raise prices in the next quarter. The announcement was made at an investor event, but according to CNET, Claure didn't elaborate on any further on the changes that'll be made.
Claure also touched a few other topics during his time on stage. The CEO revealed that the T-Mobile-Sprint merger talks died because SoftBank and CEO Masayoshi Son didn't want to give up control of Sprint. In the original proposal, T-Mobile and parent company Deutsche Telekom would've been in charge of the combined T-Mo-Sprint.
The Sprint CEO also said that the carrier is focused on improving its network and utilizing its spectrum assets. SoftBank CEO Masayoshi Son previously said that $5 billion or $6 billion would be spent on improving Sprint's network in the coming years, and Claure said that that estimate is low.
Sprint recently struck a deal with Altice USA that'll see Sprint use Altice's broadband platform to help densify its network. In exchange, Altice will utilize Sprint's network to offer mobile voice and data service as an MVNO.