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View Full Version : Sprint’s Q1 loss narrows but nearly half a million subscribers flee



Wireless News
04-29-2014, 08:41 AM
http://l2.yimg.com/bt/api/res/1.2/hDmsgxEEx6nkqWmP4LmJBw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/sprint-sign-logo.jpeg (http://news.yahoo.com/sprint-q1-loss-narrows-nearly-half-million-subscribers-122711978.html)Sprint on Tuesday announced its earnings results for the first quarter of the year, revealing that it lost nearly half a million net customers during the period. The carrier said it lost 231,000 net postpaid subscribers-and 364,000 net prepaid customers during Q1 2014, with the Sprint platform serving nearly 54 million subscribers in total at the end of the quarter. The company sold 5 million smartphones during the period and moved 3 million customers onto new Sprint Framily plans. Sprint reported an operating income of $420 million for Q1, highlighted as Sprint’s best performance in over seven years. However, the mobile operator lost $151 million, or $0.04 per share during the period, on revenue of $8.88 billion. Sprint has further



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