Sometime in 2014 we may be giving Sprint the nickname, "the comeback kid." First of all, they just expanded their 4G LTE network to several new cities: Lawrence, Topeka, and Wichita, Kansas; Waukegan-Lake, Illinois; and Barnstable-Hyannis, Massachusetts. Below we have the full press release for more details. However, what is more interesting is how much Sprint has already made a huge turn-around. Just five years ago, Dan Hesse took over as the new CEO of Sprint. He came in right after the fiasco of the Nextel buyout, which was a mess he had to clean up left by the previous CEO. In that time, they still made a few missteps (betting on WiMAX and Clearwire for example), but despite some big roadbumps, they have actually done phenomenally well. They dramatically improved their networks and customer service, and reduced their "churn" rate by keeping more customers, and now they are on track to become profitable again by 2014. Additionally, they made the wise choice to dump WiMAX and move toward quickly deploying their new 4G LTE network.

All of this good news has done wonders for their stock price. In fact, Sprint's stock has outperformed every other stock on the S&P 500, (including Apple) with the exception of PulteGroup Inc. (PHM). Sprint's stock price is trading at around $5-6 dollars per share which is a 140% increase in the last year. (Keep in mind that "outperform" basically means that it rose in value by a higher percentage than other stocks on the same list, and is not reflective of total value. For reference, Apple's stock hit $700 dollars per share, but has only seen modest percentage gains this year.)

What's really great to hear from Dan Hesse is that he and Sprint are not "resting on their laurels" when it comes to this success. They realize there is still a steep hill to climb. Here is a statement from Mr. Hesse, “I tell the team here, ‘You’re not going to see any “mission accomplished” signs anywhere on this campus. This is a long process.”

There is still some skepticism being held against Sprint because of some of these past hiccups, yet despite that, most stock analysts are recommending the stock with a "Buy" rating. It will be interesting to see how things evolve next year after their LTE network is more fully deployed and they have attracted more customers with their "Truly Unlimited Data Plans."

You can read more about Sprint's bumpy rise at the Bloomberg article here: Sprint

Truly Unlimited Sprint 4G LTE Blazes into More Cities – Brings Power, Simplicity and Value

Customers in parts of Kansas, Illinois and Massachusetts to benefit from Sprint’s all-new 4G LTE network

OVERLAND PARK, Kan. (BUSINESS WIRE), September 24, 2012 – Sprint (NYSE:S) today announced availability of 4G LTE to customers in Lawrence, Kan.; Topeka, Kan.; Wichita, Kan.; Waukegan-Lake County, Ill.; and Barnstable-Hyannis/Mid-Cape, Mass. Sprint’s wireless customers in these metro areas will benefit from the speed, value and simplicity of the Sprint 4G LTE experience. Through its exceptional selection of smartphones and a Truly UnlimitedSM data plan, Sprint offers an unbeatable package for wireless users.

“In addition to the 19 cities we have already launched, we recently announced that Sprint 4G LTE will be available in more than 100 cities in the coming months,” said Bob Azzi, senior vice president-Network, Sprint. “Today’s news moves us even further toward achieving that goal. We strive to deliver a top-notch network experience combined with winning devices and unlimited nationwide data plans – all of which are designed to support the ways our customers use their mobile devices today and tomorrow.”

A strong, robust wireless network is increasingly important as wireless users want to access emails quickly, upload photos/videos to friends and family, and routinely check in with social networks – all on their smartphone. Keeping up with current wireless data usage and looking into the future, Sprint is building an all-new 3G and 4G LTE network as part of a strategy known as Network Vision. This network build-out is expected to improve all aspects of the wireless experience for customers.

Today, some customers in parts of Chicago, Los Angeles and New York are experiencing better 3G service thanks to the start of the Network Vision program in those areas. Additionally, customers in areas of Baltimore, Boston and Washington, D.C., have been enjoying enhanced 3G performance. As Network Vision continues to rollout across the country, Sprint customers will see significant improvement in their 3G network experience, including expanded coverage, improved network reliability, better voice quality, and faster 3G data speeds.

Sprint understands the value of a Truly Unlimited experience. Sprint offers a portfolio of 4G LTE-capable devices, which includes powerhouse smartphones such as Samsung Galaxy S® III, Motorola PHOTON™ Q™ 4G LTE and the new iPhone™ 5. Customers can sign up for an Everything Data plan with Any Mobile, AnytimeSM, which includes unlimited Web, texting and calling to and from any mobile in America while on the Sprint Network, starting at just $79.99 per month for smartphones – a savings of $20 per month versus Verizon’s comparable plan with unlimited talk, text and 2GB Web (excludes taxes and surcharges). Customers value Truly Unlimited data, because it’s simple and straightforward – no metering, no throttling or overages, and no need to share minutes or data, all while on the Sprint network.

Additionally, the 2012 American Customer Satisfaction Index ranked Sprint No. 1 among all national carriers in customer satisfaction and most improved, across all 47 industries, during the last four years.

With today’s announcement, Sprint 4G LTE is available in 24 citiesi and is expected to be in more than 100 additional cities in coming months. Sprint introduced its all-new 4G LTE network in July 2012 and expects to have largely completed the nationwide build-out by the end of 2013. For the most up-to-date details on Sprint’s 4G LTE portfolio and rollout, visit The Sprint 4G LTE network is here!.