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Tag: sprint
Sprint to Cut 4,000 Jobs, Close 8 Percent of Stores
2017-06-19 12:07:05| eWEEK Technology News
Sprint Nextel, the #3 U.S. mobile service, will cut about 4,000 jobs and close 8 percent of its stores, predicting further pressure on its ability to attract subscribers and turn a profit in 2008.
Sprint returns to revenue growth in Q2
2016-10-25 13:59:00| Telecompaper Headlines
(Telecompaper) US mobile operator Sprint reported a return to revenue growth in its fiscal second quarter to September, the first growth in over two years, thanks to a steady improvement in customer numbers. Operating revenues rose 3 percent year-on-year to USD 8.25 billion, and wireless revenues were up nearly 5 percent to USD 7.85 billion. Adjusted EBITDA rose 17 percent to USD 2.35 billion, driven by over USD 1.1 billion in cost reductions in the year to date. Sprint maintained its target for over USD 2 billion in savings by the end of the year and adjusted EBITDA for the full year of USD 9.5-10.0 billion.
Tags: returns
growth
revenue
sprint
Sprint returns to quarterly revenue growth for first time in two years
2016-10-25 02:00:00| Total Telecom industry news
U.S. operator raises full-year outlook as fiscal Q2 net loss narrows.
Sprint added 740K customers in fiscal Q2
2016-10-18 02:00:00| Total Telecom industry news
U.S. mobile operator's recovery continues as revenue inches up, net loss narrows.
Tags: added
customers
fiscal
sprint
Sprint uses spectrum as collateral to raise $3.5bn
2016-10-14 02:00:00| Total Telecom industry news
U.S. mobile operator does another sale and leaseback in a bid to generate fresh capital.
Tags: raise
spectrum
sprint
collateral
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