While T-Mobile has clearly gotten into AT&T's head, many analysts expected that Sprint would be the company that had the most to fear from T-Mobile's "Uncarrier" initiatives. However, Sprint's fourth-quarter earnings report shows that the carrier surprisingly added 58,000 postpaid subscribers in Q4 even though the consensus expectation was for a net loss somewhere in the neighborhood of 365,000. Sprint also posted a net loss of $0.26 per share, which was better than the consensus expectation of a $0.32 loss per share, while also posting better-than-expected revenu of $9.14 billion. The company's full press release follows below.
Continue reading...
T-Mobile isn’t destroying Sprint after all