Everyone is always quick to blame Sprint's network, although it's not perfect it isn't always the problem either. I had the S5 that I got first and could not keep an LTE signal for anything. I also got the M8 and have not had any of the problems that I had with the S5. This just is an example of the issue not being the network. Samsung somehow dropped the ball when it came to Sprint and their new network.
Another thing to consider it does not matter what devices you have. Some like Samsung, in my experience, have some minor issue with signal management in general. BUT ANY manufacture including HTC, LG, Sony.... even the fruit thing that seems to be popular with the hipsters... can have these issues. In this case with my HTC, I think it really boils down to signal management and signal priority which needs to be tweaked.
In my case currently, which I already have a replacement coming for and may not need now, I think it has to do with signal priority and and LTE.
Before I go on ,lets keep the Sprint sucks, their network sucks, LTE is not in my area, 3G speeds are horrible to blah, blah, blah out of this since I feel that THIS issue has nothing to do with the network at all. Now, for those of you that do NOT have LTE in your area or your are "going through network upgrades" an Sprint's solution was to set you phone to "CDMA Only" setting there may be a technical reason for that.
I am in a fringe area at my house and my signal is not all that great living out in the sticks anyway and the reason why I have an Airave as well. In my testing, just to confirm things, I have found that with my M8 when it is set to "Automatic" or "LTE/CDMA", I will acquire a CDMA signal but it will drop out (no bars with an "x" above it) every so often. This does not matter if I am using a tower signal or a connected to my Airave. BUT when on "CDMA Only" it is rock solid and does not drop when connected to and CDMA signal. This leads me to believe that it has something to do with signal priority on the device rather than a Sprint network or tower issue.
That said, I had the exact same issue with my EVO LTE when it was first released. And this was fixed with a software update.
If there is anyone that has a similar situation and can do some testing to confirm that would be great. But I am pretty sure that it has to do with the signal priority which can be tweaked. We just need to wait for HTC/Sprint to fix and send an update.