Sprint is teaming up with Netgear Inc., to unveil its version of a fixed wireless router. The Netgear LTE Gateway 6100D, a high bandwidth router capable of producing 802.11ac Wi-Fi and gigabit Ethernet, is available to Sprint Spark subscribers. The router is designed for business and consumer use in homes or offices. It is enabled with 3G and 4G LTE technology and produces peak speeds of 50 to 60 megabits per second.
“At Sprint, we’re always striving to provide new innovation to meet the growing needs of our business customers, and this product is a great example of that,” David Owens, the vice president of product development for Sprint, said in a prepared statement. “The launch of devices like Netgear LTE Gateway 6100D, which can operate on three spectrum bands, is another milestone in the rollout of Sprint Spark. Customers will find that the enhanced technology of Sprint Spark and spectrum integration creates a more seamless network.”
In 2013, Sprint reported a net operating loss of $1.04 billion, down from $1.32 billion in losses the previous year. In spite of its losses, net operating revenue for the company increased to $9.14 billion, from $9.01 billion in 2012. During the fourth quarter of 2013, the company added about 477,000 subscribers. The company also sold 5.6 million smartphones in the quarter.