April 16, 2014

Despite $1B loss, Sprint Q4 beats expectations

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Wireless provider Sprint has posted its results for the fourth quarter of 2013, coming in better than what analyst expected. Although they report a loss of $1 billion over the quarter, Sprint was able to add 58,000 postpaid subscribers.. The carrier indicates there were some 5.6 million smartphones; 95 percent of postpaid customers, 66 percent of prepaid customers. With a total of 53.9 million subscribers at year end it’s Sprint’s highest level to date.

If these sort of things are your bag, you can read the full financial details at Sprint’s website.

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