May 7, 2019 / 8:17 PM / 2 months ago

Sprint phone subscriber losses greater than feared

May 7 (Reuters) - Wireless carrier Sprint Corp on Tuesday reported greater-than-feared losses in phone subscribers who pay a monthly bill, as the company struggled to keep customers from going to larger rivals.

Sprint said it lost a net 189,000 phone subscribers during the fourth quarter. Analysts were expecting a net loss of 117,000, according to research firm FactSet.

Total net operating revenue rose to $8.44 billion from $8.08 billion. Analysts had expected revenue of $8.21 billion, according to IBES data from Refinitiv.

Reporting by Akanksha Rana in Bengaluru and Angela Moon in New York; Editing by Shinjini Ganguli

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below