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Sprint CFO Says the Carrier Network Could Sell 4G iPhone

When Sprint finally started offering the iPhone 4S, it quickly became clear that the carrier had a lot riding on the investment. Though the companies never released the nitty gritty details of the deal, the carrier is reported to have committed as much as $20 billion dollars on more than 30 million iPhones for the coming years. This week, Sprint CFO Joe Euteneuer talked a little bit about a 4G iPhone while also providing a little more insight into its deal with Apple

According to the Dow Jones, Euteneuer told investors earlier this week that its contract with Apple is similar to AT&T and Verizon Wireless's agreements with Cupertino. However, Euteneuer also revealed that Sprint is not being held to any LTE requirements. Sprint plans to launch its LTE network in a handful of major cities by the end of June. The CFO didn't say that Apple was planning to offer a 4G iPhone this year, but he did hint that if they did, he thought Sprint would do just fine against competitors AT&T and Verizon, both of which have far more extensive LTE coverage.

"If you make the assumption that they launch a device at a similar time that they did last year, you're basically done with the major markets" Dow Jones quotes him as saying, referring to Sprint's 4G LTE buildout. "So I don't think we are really disadvantaged at all."

Apple usually launches a new version of the iPhone at WWDC in June. However, last year's iPhone 4S was launched in September, when Apple normally updates the iPod line.

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