Franchise FAQ

does sprint own their own stores or are they franchise

by Prof. Elnora Gleichner Published 1 year ago Updated 1 year ago
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Sprint Preferred Retailer Stores
To own a Sprint-branded store, you'll need to go the Sprint Preferred Retailer route. Sprint doesn't participate in franchises; this route includes no dealer fees or franchise fees. To qualify, you'll need to meet certain financial requirements.
Dec 29, 2018

What are the two companies that make up Sprint?

What is Sprint's origin?

How many times does Sprint Nextel provide GPS?

What color is Sprint Nextel?

What network does Sprint use?

Why was Sprint fined?

Who owns Clearwire?

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About this website

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Who bought Sprint stores?

Building a network for ALL. Now that Sprint is part of T-Mobile, our network is bigger and better than ever. We'll continue to enhance our 5G network and together, we'll build the best network around.

Can Sprint customers go to T-Mobile stores?

Sprint customers can now visit a T-Mobile store for service; most T-Mobile branded stores can now serve both Sprint and T-Mobile customers.

Are Sprint stores anymore?

T-Mobile and Sprint have merged for a new era in wireless. Sprint stores are becoming T-Mobile stores, providing more than 7,500 retail locations to better serve you.

What will happen to Sprint stores?

On July 16, 2020, T-Mobile announced that the Sprint brand will be officially discontinued on August 2, 2020. On this date all retail, customer service, and all other company branding will switch to the T-Mobile brand.

Which is better T-Mobile or Sprint?

Performance: Both are good in the cities, but T-Mobile has the better speeds and network coverage, including in rural areas where neither carrier is exceptional. International travelers: Both carriers are solid, but T-Mobile has a few better extras, like their free in-flight Wi-Fi.

What phones will not work in 2022 T-Mobile?

T-Mobile announced that it finished shutting down Sprint's 3G CDMA network as of March 31, 2022 and Sprint's 4G LTE network as of June 30, 2022. It also announced it shut down T-Mobile's 3G UMTS network as of July 1, 2022, but has not yet announced a shutdown date for its 2G network.

How much longer will Sprint be around?

Sprint's cellular LTE service is now scheduled to be sunset on June 30, 2022. As for T-Mobile's 3G/UMTS coverage, its initial shut down date of October 1, 2021, was pushed back by almost a year to July 1, 2022.

Will Sprint customers have to switch to T-Mobile?

Sprint's LTE network was retired on June 30, 2022. The good news is most Sprint LTE and 5G devices are compatible with the T-Mobile LTE or 5G network and will continue to operate on T-Mobile's LTE and 5G networks. Customers only need to take a few easy steps: Replace the Sprint SIM card with a T-Mobile SIM card.

What led to the downfall of Sprint?

The failed merger left Sprint's balance sheet depleted, so it didn't have the same kind of cash to invest in improvements to its network as competitors. Sprint also made a wrong bet on 4G technology. It rode the WiMax horse, which was the Betamax of 4G.

Will Sprint stores close after merger?

Update: August 3, 2020: T-Mobile has now completed closing down the Sprint brand. T-Mobile VP Jon Freier posted on his Twitter account that Sprint stores shut down early on Saturday, August 1, so they could be refurbished into T-Mobile locations on August 2.

Why did Sprint sell to T-Mobile?

Basically, the main driving force behind a merger of Sprint and T-Mobile, as with most mergers, is that the combined company could save a bunch of money while leveraging its larger size to compete with AT&T and Verizon. 2, Sprint's network buildout.

Who is the parent company of T-Mobile?

Deutsche TelekomT-Mobile / Parent organizationDeutsche Telekom AG is a German telecommunications company that is headquartered in Bonn and is the largest telecommunications provider in Europe by revenue. Deutsche Telekom was formed in 1995 when Deutsche Bundespost was privatized. Wikipedia

Is T-Mobile closing their stores?

T-Mobile closes 80% of corporate retail stores in more aggressive COVID-19 response | Fierce Wireless.

Is there a 24 hour Sprint customer service?

(888) 211-4727Sprint Corporation / Customer service

What is T-Mobile customer service?

1-800-937-8997If you call our toll-free number (1-800-937-8997) from a different phone, just enter your T-Mobile phone number when prompted and we'll route you to your Team of Experts.

Sprint Corporation -- Company History

Statistics: Private Company Incorporated: 1986 as US Sprint Communications Company, L.P. Employees: 84,000 Sales: $23.6 billion (2000) NAIC: 51331 Wired Telecommunications Carriers; 513322 Cellular and Other Wireless Telecommunications. Company Perspectives: From its small-town roots, Sprint has evolved into a global communications company that serves 23 million customers in more than 70 ...

The History of SPRINT (long distance, local, and wireless)

On December 15, 2004, Sprint Corporation and Nextel Communications announced they would merge to form Sprint Nextel. At the time of the merger announcement, Sprint and Nextel were the third and fifth leading providers in the U.S. mobile phone industry, respectively. Sprint Nextel was formed on August 13, 2005, when the deal was completed.

Milestone Events Making Sprint History: 1899 - 1989

Sprint – World's first Public Data Network is launched. 1976 Coming of Age Sprint – Decades of local expansion produce $1 billion revenue milestone. 1986 Pin-Drop Quality Sprint – Long-distance service begins and famous pin-drop commercials debut. 1987 Industry First Sprint – First nationwide, 100 percent digital, fiber-optic network is ...

Sprint Corporation - Statistics & Facts | Statista

DISH Network Corporation acquired Sprint's prepaid business - Boost Mobile - under the terms of the T-Mobile US merger, paying 1.4 billion U.S. dollars to acquire the business including ...

Poilievre presses Liberals to explain ArriveCan app contract after tech ...

During question period in the House of Commons on Friday, Conservative Party Leader Pierre Poilievre pressed the Liberals to explain a $1.2-million government contract given to tech company ...

How to own a Sprint store?

To own a Sprint-branded store, you'll need to go the Sprint Preferred Retailer route. Sprint doesn't participate in franchises; this route includes no dealer fees or franchise fees. To qualify, you'll need to meet certain financial requirements. You'll also need five or more years of recent multi-unit retail sales management experience and a three-year business plan that Sprint approves, and you'll have to pass a personal interview. To start the process, apply online with Sprint's preferred retailer program (see Resources).

How to become a Sprint preferred retailer?

To become a Sprint Preferred Retailer, you'll need a minimum net worth of $500,000, $175,000 in immediately available assets to open five stores and the ability to finance the remaining $75,000 per store. You'll also need to maintain 80 percent of your current income, outside of the profits from your Sprint stores, for the first two to three years. To become a Sprint branded prepaid retailer, such as for Boost Mobile, you'll need $100,000 in liquid assets and the financial capacity to open multiple stores. A prepaid store requires an initial investment of around $40,000.

Requirements

Prospective Preferred Retailers must have adequate financial resources and retail management experience in addition to the following minimum requirements:

How To Apply

Sprint Preferred Retailer opportunities vary by market based upon current distribution. To be considered, please complete the application process outlined on the Sprint web site at www.sprint.com/preferredretailer. You will be contacted by a Sprint representative within 3 weeks after an initial review of your application.

When did Sprint and Centel merge?

The company that gave America pin-drop clarity also became a global leader in voice and data services. Then a new kind of telecom company emerged in 1993, when Sprint and Centel merged to become a unique provider of local, wireless and long distance services.

Who is Nextel's founder?

The Nextel Tradition . In 1987, a visionary entrepreneur named Morgan O'Brien founded a company called Fleet Net. Renamed Nextel in 1993, the company rapidly established itself as a nationwide force in the burgeoning world of wireless communications.

Did Nextel acquire Motorola?

In less than year's time, Nextel merged with Dial Call and OneComm, acquired all of Motorola's SMR licenses in the U.S., and received a $1 billion investment from wireless pioneer Craig McCaw. By mid-1995, Nextel was on point to serve all of the nation's top 50 markets.

Who owns T Mobile and Sprint?

A deal between Deutsche Telekom and SoftBank would transfer ownership of both T-Mobile and Sprint to the German telecommunications company.

When will Sprint and T-Mobile become one?

Should it clear the regulatory hurdles as quickly as some suspect, it could mean T-Mobile and Sprint will become one in early 2018. If Sprint gets folded, it’ll be because T-Mobile’s network is far superior.

Is SoftBank taking over T-Mobile?

Deutsche Telekom and SoftBank have been exploring a merger for their brands since December 2013. That’s when SoftBank became interested in taking over T-Mobile due to Team Magenta’s disruption in the wireless industry. However, regulators expressed concern and the deal fell apart. The U.S. government wished to maintain four national carriers ...

Is Sprint merging with T-Mobile?

T-Mobile and Sprint, two of the largest carriers in the U.S., are talking about a merger yet again. A report published by CNBC reveals their parent companies are engaged in conversations for a stock-for-stock deal. The merger, if completed based on the terms reported, wouldn’t give birth to an entirely new company.

Is SoftBank a minority owner?

SoftBank would become a minority owner, meaning Deutsche Telekom calls the shots. Also, T-Mobile’s John Legere would reportedly stay in charge of the merged carrier and likely dismantle Sprint. Maintaining control of the two carriers is a priority for Deutsche Telekom as T-Mobile currently has a large impact on its revenue.

What are the differences between franchises and corporate businesses?

From that first successful business, “clone” businesses are opened. Those clone businesses are either owned by the corporation, or by franchisees.

Why did a successful business become a franchise?

Often a successful business became a franchise because going that route allowed the original owner to hang on to capital and raise money for expansion.

What is a chain business?

A chain business is a corporate-owned store. In this case, the parent companies are responsible for operations.

What is a corporate store?

A corporate store is a chain business, company-owned. The original corporation owns and operates the corporate store, controlling and overseeing the day-to-day work. Since the store is company-owned, the corporation handles contracts from suppliers and the hiring of employees.

What is the contract between a franchisee and a franchisor?

The contract between the franchisor and franchisee is very detailed and specific, and typically very lengthy. Although the Small Business Administration is a great source to use for questions about terms in a franchise contract, the best advice is to hire a lawyer who is familiar with franchise contracts and law.

What happens if a franchisee disagrees with a franchisor?

If there’s a disagreement between a franchisor and the franchisee, the dust-up will usually end up in federal court. That’s because federal judges are more familiar with franchise law.

What happens if you are fired from a corporate store?

If someone is a manager or employee at a corporate store, and they violate the terms of their employment , they are fired. Although firings can be the source of a lawsuit, a “wrongful termination” lawsuit is as a rule more straightforward than lawsuits involving franchise operations.

How many Home Depot stores are there?

All 2,200+ Home Depot stores located throughout the world are company-owned and -operated.

Is Home Depot a company?

NO, all Home Depot stores are Company Owned, and operated. Likely if someone is asking to speak to the owner … they are requesting to speak to the manager in charge. As I worked in customer service … a customer asked usually for the store manager, … if the store manager was not available, then I would call the shift manager. If the customer could not be appeased by a manager, I had the Corporate toll free phone number in Atlanta, written down, to give them.

Is a store manager a corporation?

No, they are part of a Corporation. If they ask for the owner the best they get in the store is MOD or the Store Manager. The top dog is the CEO, but they always have someone who handles complaints for them.

What are the two companies that make up Sprint?

The Sprint Corporation traces its origins to two companies, the Brown Telephone Company and Southern Pacific Railroad.

What is Sprint's origin?

Sprint also traces its roots back to the Southern Pacific Railroad (SPR), which was founded in the 1860s as a subsidiary of the Southern Pacific Company (SPC). The company operated thousands of miles of track as well as telegraph wire that ran along those tracks. In the early 1970s, the company began looking for ways to use its existing communications lines for long-distance calling. This division of the business was named the Southern Pacific Communications Company. By the mid 1970s, SPC was beginning to take business away from AT&T, which held a monopoly at the time. A number of lawsuits between SPC and AT&T took place throughout the 1970s; the majority were decided in favor of increased competition. Prior attempts at offering long-distance voice services had not been approved by the U.S. Federal Communications Commission (FCC), although a fax service (called SpeedFAX) was permitted.

How many times does Sprint Nextel provide GPS?

As required by law in the United States, in response to court orders and warrants, Sprint Nextel provided law enforcement agencies with its wireless subscribers' GPS locations over 8 million times in one year between September 2008 and October 2009. The disclosures occurred by way of a special, secure portal which Sprint developed specifically for government officials, which enabled users to automatically obtain Sprint customers' GPS locations after the request has been reviewed and activated by Sprint's surveillance department.

What color is Sprint Nextel?

Until 2005, the company was also known as the Sprint Corporation, but took the name Sprint Nextel Corporation when it merged with Nextel Communications and adopted its black and yellow color scheme, along with a new logo.

What network does Sprint use?

Sprint uses CDMA, EvDO, 4G LTE, and 5G NR networks . Sprint was incorporated in Kansas. Sprint traced its origins to the Brown Telephone Company, which was founded in 1899 to bring telephone service to the rural area around Abilene, Kansas.

Why was Sprint fined?

Sprint was ordered to implement a comprehensive two-year plan to comply with the commission's rules including training of Sprint employees on how to comply with Do Not Call rules. American consumers have had the option of nominating not to receive telemarketing calls and texts since 2003, by placing their names on the National Do Not Call Registry.

Who owns Clearwire?

CLEAR was the brand of mobile broadband services offered by Clearwire Corporation, which was acquired by Sprint Nextel in July 2013. The brand provided mobile and fixed wireless broadband communications services to retail and wholesale customers in Belgium, Spain, and the United States.

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