Business

Sprint’s Still Bleeding, But Not As Badly

It’s been crazy watching Sprint overhaul itself over the last year, going from a wasteland of phones to probably the number two carrier for hardware in the US, so I feel kinda bad that they still bled out over 800,000 postpaid customers this past quarter. (Postpaid are the customers carriers actually want, vs. people who prepay for chunks of minutes.)

It’s an improvement over the last six months—the biggest sequential improvement in five years—and less terrible than expected, but still not good. Sprint thinks it’ll be better next quarter, but that $US478 million loss has got to sting. [PC Mag]

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