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Sprint posts first positive annual earnings report in 9 years

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Sprint posts first positive annual earnings report in 9 years

Sprint has published the company's report for the fiscal yr of 2015. The U.S. service posted an running source of revenue of $310 million for the yr, which is positive for the first time in a reported 9 years. As for the ultimate quarter, Sprint controlled to pocket $8 million as running source of revenue, which incorporated $258 million value of fees.

As for buyer additions, the corporate reported postpaid web additions of greater than 1.2 million in the course of the yr, including simply 56,000 in This fall. Sprint additionally loved its very best postpaid churn of 1.61 %, in addition to a telephone churn of 1.52 % for 2015. The corporate has posted expectancies of running source of revenue for 2016 to be between $1 billion and $1.5 billion.

See the full financial report for 2015 for extra main points.

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