Ron Burgundy Posted April 29, 2014 Share Posted April 29, 2014 (Reuters) - Sprint Corp, the No. 3 U.S. mobile provider on Tuesday reported an increase in quarterly revenue in line with analysts' expectations, due to a new billing plan that lowered wireless expenses. Sprint has been cutting costs and reshuffling executives in an attempt to offset subscriber losses from a shut down of its older Nextel network and technical problems related to a massive overhaul of Sprint's remaining network. The company, which is 80 percent owned by Japan's SoftBank Corp, said it lost 467,000 net subscribers in the quarter. View the full article Quote Link to comment Share on other sites More sharing options...
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