NEW YORK, Oct 25 (Reuters) - Sprint Corp’s quarterly loss was narrower than Wall Street analyst estimates as the wireless carrier added subscribers, while the company declined to hold a post-earnings conference call amid speculation it would announce a merger with rival T-Mobile US Inc.
The No. 4 U.S. wireless carrier reported a net loss of $48 million, or 1 cent per share in the company’s second quarter ended Sept. 30, compared to a loss of $142 million, or 4 cents per share, a year earlier.
Net operating revenue was $7.93 billion, down from $8.25 billion.
According to Thomson Reuters I/B/E/S, analysts had expected a loss of 2 cents a share and revenue of $8.05 billion.
Reporting by Anjali Athavaley; Editing by Chizu Nomiyama