Sprint loses fewer subscribers than expected on cheaper phone plans [Reuters (UK)]
SentinelOne, Inc. Class A (S)
Last sentinelone, inc. class a earnings: 1/27 08:00 am
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Source: Reuters
Sprint loses fewer subscribers than expected on cheaper phone plans - Reuters 2 Min Read (Reuters) - Sprint Corp said on Monday it lost fewer mobile monthly post-paid phone subscribers than expected in the third quarter, benefiting from cheaper plans ahead of a merger with larger rival T-Mobile US. The company said it lost 115,000 postpaid phone subscribers during the quarter ended Dec 31. Analysts were expecting a net loss of 160,000 subscribers, according to research firm FactSet. Sprint, the fourth largest U.S. wireless carrier by subscribers, is facing a multi-state lawsuit against its $26-billion proposed merger with larger rival T-Mobile US Inc. T-Mobile and Sprint have said the merger will not lead to higher prices for consumers and would allow it to compete effectively with dominant carriers Verizon Communications Inc N and AT&T Inc. Net loss attributable to the company fell to $120 million in the quarter ended Dec. 31 from $141 million a year earlier. The current quarter incl
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Earnings
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Sec Filings
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