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Sprint Splashes More Red With Results As Questions On Future Loom
By:
Forbes Real Time
Posted on February 08, 2013 at 15:20 PM EST
Sprint revenues grew by a paltry 3% y-o-y to $9 billion and net losses amassed to $1.3 billion in Q4 and $4.3 billion for 2012. It added a net 401,000 postpaid subscribers to its core Sprint platform (excluding Nextel losses) which is a huge decline from 539,000 net additions in Q4 2011.
Sprint revenues grew by a paltry 3% y-o-y to $9 billion and net losses amassed to $1.3 billion in Q4 and $4.3 billion for 2012. It added a net 401,000 postpaid subscribers to its core Sprint platform (excluding Nextel losses) which is a huge decline from 539,000 net additions in Q4 2011.
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