Sprint postpaid subscriber loss lower than expected

Analysts were expecting a net loss of 145,000 subscribers, according to research firm FactSet. Sprint, the fourth largest wireless carrier by subscribers, has been aggressive in its 5G push, offering the faster mobile technology in nine cities and bundling it with media content like Hulu and Amazom.com Inc’s Prime. Net loss attributable to the company was $274 million, or 7 cents per share, in the quarter ended Sept. 30, compared with a net income of $196 million, or 5 cents per share, a year earlier. …read more

Source:: Yahoo Finance

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