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Tag: sprint
Sprint Selects Samsung Mobile to Deliver Advanced LTE Wireless Network
2013-10-31 00:05:25| Wireless - Topix.net
Telecommunications America, LLC to support the deployment of a leading edge network in the 2.5 GHz spectrum with Long Term Evolution Time Division Duplex equipment.
Tags: advanced
network
mobile
wireless
Sprint posts 3Q profit thanks to investment gain
2013-10-30 17:56:47| IT Services - Topix.net
Sprint Corp., the third-largest U.S. Wireless carrier, said Wednesday that it earned a profit in the third quarter thanks to a one-time gain from its previous investment in Clearwire Corp., even as revenue inched lower.
Tags: posts
gain
investment
profit
Sprint loses customers in Q3
2013-10-30 12:15:00| Telecompaper Headlines
(Telecompaper) Sprint reported a net profit of USD 383 million for the third quarter, reversing a loss of USD 767 million a year earlier. The result benefited from a one-time gain of USD 1.4 billion on a write-up of its investment in Clearwire and also included pre-tax expenses of USD 217 million for its takeover by Softbank and its acquisition of the rest of Clearwire. Adjusted EBITDA improved 5 percent year-on-year to USD 1.34 billion, helped by service revenue growth at the Sprint brand and the shutdown of the Nextel platform. The Sprint platform lost a net 95,000 customers in the three months, as growth in prepaid and wholesale could not offset a loss of 360,000 postpaid customers. The company lost another 218,000 customers at the acquired Clearwire and US Cellular activities, giving it a total mobile base of 54.877 million at the end of September. The operator said it posted record service revenue and ARPU at the Sprint postpaid activities, at respectively USD 5.835 billion and USD 64.28. ARPU was supported by sales of nearly 5 million smartphones in the quarter, including 1.4 million iPhones. Sprint said the further roll-out of its LTE network should improve its competitive positioning further, with a target of 200 million people covered by year-end. The company maintained its full-year outlook for adjusted EBITDA of USD 5.1-5.3 billion and capex of around USD 8 billion.
Tags: customers
sprint
loses
q3
Sprint adds 45 cities to LTE network list
2013-10-30 01:43:45| IT Services - Topix.net
Sprint Corp. said Tuesday that it had flipped the switch, adding 4G LTE service to 45 additional markets.
Tags: list
network
cities
adds
Sprint swings to Q3 profit on gain from Clearwire
2013-10-30 01:00:00| Total Telecom industry news
U.S. mobile operator posts profit of $383 million.
Tags: gain
profit
sprint
swings
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