Sprint Lost 348,000 Phone Subscribers in Final Months as Stand-Alone Company
Sprint postpaid net adds were 502,000 in Q1, with adds offset by postpaid phone losses of 348,000, T-Mobile said in an SEC filing Friday, reporting on Sprint’s last months as a stand-alone company. Postpaid churn was 1.86%, up 5 basis…
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points year over year. Prepaid net losses were 10,000 in Q1. T-Mobile will release its results this week with a call Wednesday, its first since completing its buy of Sprint. End-of-period connections were 54.7 million, up from last year's 54.5 million. Financial and operational results for Sprint are expected to be released in May after an audit is complete, T-Mobile said.