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Sprint lost money and customers during Q4 2014

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Sprint lost money and customers during Q4 2014

The final quarter of 2014 was not pretty for Sprint as the carrier saw a drop in money and customers, two areas that are clearly not favorable for investors. Amid fierce competition with T-Mobile for placement as the third largest carrier in the United States, Sprint reported losing 201,000 postpaid customers; however, prepaid customers increased […]

Come comment on this article: Sprint lost money and customers during Q4 2014

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The ultimate quarter of 2014 used to be now not lovely for Sprint because the service noticed a drop in money and customers, spaces which are obviously now not favorable for buyers. Amid fierce festival with T-Mobile for placement because the 3rd biggest service in the USA, Sprint pronounced dropping 201,000 postpaid customers; then again, pay as you go customers greater by way of 546,000. Despite producing $8.3 billion within the quarter, the service had a web lack of $224 million.

It seems like Marcelo Claure and his fellow Sprint executives are heading again to the strategy planning stage.

Source: Sprint


Come remark in this article: Sprint lost money and customers during Q4 2014

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