Sprint lost money and customers during Q4 2014
The final quarter of 2014 was not pretty for Sprint as the carrier saw a drop in money and customers, two areas that are clearly not favorable for investors. Amid fierce competition with T-Mobile for placement as the third largest carrier in the United States, Sprint reported losing 201,000 postpaid customers; however, prepaid customers increased by 546,000. Despite generating $8.3 billion in the quarter, the carrier had a net loss of $224 million.
It looks like Marcelo Claure and his fellow Sprint executives are heading back to the drawing board.
Source: Sprint
Come comment on this article: Sprint lost money and customers during Q4 2014
Visit TalkAndroid for Android news, Android guides, and much more!
AIVAnet 