|By Business Wire||
|March 14, 2014 09:00 AM EDT||
For the third straight year, Sprint [NYSE:S] has been recognized as having the best phone buyback program among all major U.S. carriers by Compass Intelligence, a market analytics and consulting firm, who released its latest report today, "Buyback and Trade-in Program Market Assessment." The report provides a comprehensive assessment of mobile device trade-in programs and assessed carriers based on program capabilities and customers’ experience.
A Sprint customer takes advantage of the buyback program in a Sprint retail store in Chicago, IL. Last year alone, Sprint put more than $100 million back in customers' pockets through their trade-in program. (Photo: Business Wire)
The convenience of Sprint’s Buyback program, significant presence in-store and online, as well as its commitment to reclaiming devices earning such accolades as breaking a Guinness World Record, led to the recognition. Sprint continues to highlight the environmental benefits of phone recycling and to raise awareness around the financial benefits of its phone trade-in program, for which customers can receive up to a $300 account credit. To date, Sprint Buyback and the company’s other wireless device recycling programs have collected more than 50 million devices.
“Sprint earns the highest ranking among all major U.S. carriers for its mobile phone buyback program due to its creative use of partnerships, promotions and customer messaging,” said Kate Pearce, strategist and senior consultant at Compass Intelligence. “The carrier continues to demonstrate leadership in this area and is committed to an eco-focused approach in the way it does business.”
“We’re honored to be recognized for these efforts,” said Darren Beck, director of Sprint’s environmental initiatives. “Sprint is committed to providing customers with convenient and rewarding options for recycling their mobile devices. Our buyback program can help customers offset some of the cost of their next device and helps Sprint avoid substantial operating costs by reusing most of the devices we collect. It also helps our communities; reducing electronics in landfills and reducing the resources, energy and emissions required to produce even more new devices.”
Compass Intelligence predicts that by the end of 2014, there will be roughly 396 million idle or inactive mobile devices in the U.S. Of those, only about 80 million will be recycled. As wireless devices continue to penetrate the market, carriers are looking to reclaim those devices to extend their value.
Sprint was among the first wireless carriers to establish a phone buyback program in 2001, and has since been the longtime leader in cellphone reclamation – ensuring financial and bottom-line benefits to customers and its business. Today, more than four out of every 10 customers in Sprint retail stores participate in the buyback program. These recycling programs put back more than $100 million in customers’ pockets last year alone and to date, have helped create more than $1 billion in cost avoidance for the company.
Offering certified pre-owned phones to customers at a fraction of the price benefits customers and is a successful business model for Sprint. Today nine of every 10 devices that come back through the Sprint Buyback program get reused, not just recycled. The last 10 percent of phones that are “recycled” are separated into parts that can be recycled as raw materials for a surprising number of goods, from jewelry to battery packs to car parts.
As part of its industry-leading Electronics Stewardship Policy, which highlights Sprint’s efforts to work with only third-party certified recyclers to achieve their aggressive recycling goals, Sprint aims to collect an average of nine devices for every 10 devices sold by 2017. With Sprint’s new Framily plan, customers who choose the upgrade option will help Sprint achieve this goal as customers give back their device should they choose to upgrade every 12 months.
Sprint continues to receive recognition for its leadership in environmental practices. Sprint was recently honored as the most “eco-focused” wireless carrier by Compass Intelligence and has been widely recognized for its environmental commitments to decrease energy use, enable more eco-friendly mobile solutions, and offer industry-leading wireless recycling programs.
Last year, Sprint was the only telecommunications services company named to CDP’s S&P 500 Climate Performance Leadership Index (CPLI), which highlights companies that demonstrate strategies committed to improving their impact on the environment. Sprint was also named for the third consecutive year to the Dow Jones Sustainability Index (DJSI) North America, which tracks the corporate sustainability performance of the top 20 percent of the 600 largest companies by industry in the United States and Canada.
About Sprint Nextel
Sprint (NYSE: S) offers a comprehensive range of wireless and wireline communications services bringing the freedom of mobility to consumers, businesses and government users. Sprint served more than 55 million customers at the end of 2013 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading prepaid brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. The American Customer Satisfaction Index rated Sprint as the most improved company in customer satisfaction, across all 47 industries, during the last five years. Sprint has been named to the Dow Jones Sustainability Index (DJSI) North America in 2011, 2012 and 2013. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.
About Compass Intelligence
Compass Intelligence, a market analytics and consulting firm, specializes in strategy acceleration and insights for the high-tech and telecom industries while providing clients tailored services through excellent customer support. Compass Intelligence provides executive insights, market sizing/modeling, competitive analysis, strategic consulting, and expert recommendations on multiple markets. Visit us at http://www.compassintelligence.com. Follow Compass Intelligence on Twitter at @CompassIntel.
Container frameworks, such as Docker, provide a variety of benefits, including density of deployment across infrastructure, convenience for application developers to push updates with low operational hand-holding, and a fairly well-defined deployment workflow that can be orchestrated. Container frameworks also enable a DevOps approach to application development by cleanly separating concerns between operations and development teams. But running multi-container, multi-server apps with containers ...
May. 23, 2015 12:00 PM EDT Reads: 1,664
Software development, like manufacturing, is a craft that requires the application of creative approaches to solve problems given a wide range of constraints. However, while engineering design may be craftwork, the production of most designed objects relies on a standardized and automated manufacturing process. By contrast, much of moving an application from prototype to production and, indeed, maintaining the application through its lifecycle has often remained craftwork. In his session at Dev...
May. 23, 2015 12:00 PM EDT Reads: 1,067
Software Development Solution category in The 2015 American Business Awards, and will ultimately be a Gold, Silver, or Bronze Stevie® Award winner in the program. More than 3,300 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration. "We are honored to be recognized as a leader in the software development industry by the Stevie Awards judges," said Steve Brodie, CEO of Electric Cloud. "We introduced ElectricFlow and our Deploy app...
May. 23, 2015 12:00 PM EDT Reads: 1,526
SYS-CON Events announced today that DragonGlass, an enterprise search platform, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. After eleven years of designing and building custom applications, OpenCrowd has launched DragonGlass, a cloud-based platform that enables the development of search-based applications. These are a new breed of applications that utilize a search index as their backbone for data...
May. 23, 2015 12:00 PM EDT Reads: 1,603
Converging digital disruptions is creating a major sea change - Cisco calls this the Internet of Everything (IoE). IoE is the network connection of People, Process, Data and Things, fueled by Cloud, Mobile, Social, Analytics and Security, and it represents a $19Trillion value-at-stake over the next 10 years. In her keynote at @ThingsExpo, Manjula Talreja, VP of Cisco Consulting Services, will discuss IoE and the enormous opportunities it provides to public and private firms alike. She will shar...
May. 23, 2015 12:00 PM EDT Reads: 1,765
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists will address the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affec...
May. 23, 2015 11:45 AM EDT Reads: 1,055
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo in Silicon Valley. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading in...
May. 23, 2015 11:30 AM EDT Reads: 2,282
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, June 9-11, 2015, at the Javits Center in New York City. Learn what is going on, contribute to the discussions, and ensure that your enter...
May. 23, 2015 11:15 AM EDT Reads: 1,550
SYS-CON Events announced today that EnterpriseDB (EDB), the leading worldwide provider of enterprise-class Postgres products and database compatibility solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. EDB is the largest provider of Postgres software and services that provides enterprise-class performance and scalability and the open source freedom to divert budget from more costly traditiona...
May. 23, 2015 11:00 AM EDT Reads: 1,349
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
May. 23, 2015 11:00 AM EDT Reads: 645
An entirely new security model is needed for the Internet of Things, or is it? Can we save some old and tested controls for this new and different environment? In his session at @ThingsExpo, New York's at the Javits Center, Davi Ottenheimer, EMC Senior Director of Trust, reviewed hands-on lessons with IoT devices and reveal a new risk balance you might not expect. Davi Ottenheimer, EMC Senior Director of Trust, has more than nineteen years' experience managing global security operations and asse...
May. 23, 2015 11:00 AM EDT Reads: 5,372
The Internet of Things is a misnomer. That implies that everything is on the Internet, and that simply should not be - especially for things that are blurring the line between medical devices that stimulate like a pacemaker and quantified self-sensors like a pedometer or pulse tracker. The mesh of things that we manage must be segmented into zones of trust for sensing data, transmitting data, receiving command and control administrative changes, and peer-to-peer mesh messaging. In his session a...
May. 23, 2015 11:00 AM EDT Reads: 3,710
Organizations today are confounded by an avalanche of data that needs to be processed and managed on a daily basis. Through relevant use cases and a thought-provoking dialogue on an organization’s ‘Data to Decisions’ journey, Andrew Clyne, Chief Data Officer at CenturyLink Cognilytics, will reveal in his session at Big Data Expo how your organization can monetize data as a strategic asset. State-of-the-art Big Data and Advanced Analytics capabilities provided as a managed service can enable da...
May. 23, 2015 10:45 AM EDT Reads: 1,495
There is no doubt that Big Data is here and getting bigger every day. Building a Big Data infrastructure today is no easy task. There are an enormous number of choices for database engines and technologies. To make things even more challenging, requirements are getting more sophisticated, and the standard paradigm of supporting historical analytics queries is often just one facet of what is needed. As Big Data growth continues, organizations are demanding real-time access to data, allowing immed...
May. 23, 2015 10:30 AM EDT Reads: 2,613
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
May. 23, 2015 10:00 AM EDT Reads: 1,747