It's financials time and the word hasn't always been rosy for Sprint of late, but this time the company has some good news to share. In this, the first quarter of 2011, Sprint added 1.1 million total subscribers, 846,000 of those were prepaid, the other 310,000 postpaid. Churn was down too, 4.36 for prepaid and 1.81 percent for postpaid, lowest in five years for the former and lowest ever for the latter. Operating income was $259 million on $8.3 billion in revenue, which is up three percent from this time last year, but factor in taxes, lunar landing rights, and all the other fun stuff and the company posted a net loss of $439 million. CEO Dan Hesse called this "slow but steady progress," and the addition of subscribers "a tough streak to keep going as the bar keeps getting higher." A tough streak indeed, but the launch of phones like the Nexus S 4G might just help keep it alive for another quarter.
Sprint reports Q1 2011 results, adds 1.1 million subscribers
It's financials time and the word hasn't always been rosy for Sprint of late, but this time the company has some good news to share. In this, the first quarter of 2011, Sprint added 1.1 million total subscribers, 846,000 of those were prepaid, the other 310,000 postpaid. Churn was down too, 4.36 for prepaid and 1.81 percent for postpaid, lowest in five years for the former and lowest ever for the latter. Operating income was $259 million on $8.3 billion in revenue, which is up three percent from this time last year, but factor in taxes, lunar landing rights, and all the other fun stuff and the company posted a net loss of $439 million. CEO Dan Hesse called this "slow but steady progress," and the addition of subscribers "a tough streak to keep going as the bar keeps getting higher." A tough streak indeed, but the launch of phones like the Nexus S 4G might just help keep it alive for another quarter.
Popular Posts
-
HBO Go has been live on the iTunes App Store and Android Market for just a few short hours, but we've already put it through the paces, ...
-
My Boerewors and I were clearly both in a chatty mood last night once the girls were snoring and tucked up, smelling their own farts, in the...
-
If you ever imagine your body lying on the beach Indonesia, on a beautiful white sand, sprinkled with exotic all-natural landscape, and bo...
-
Draping, pleats and folds of Venetian inspiration in the new season. The long, steamy Greco-Roman-inspired gowns are, without doubt, a clas...
-
Let me explain what this is. Many people visit my pages... print several coloring pages and then staple them together to make a coloring boo...
-
A man is getting into the shower just as his wife is finishing up her shower when the doorbell rings. The wife quickly wraps herself in a to...
-
A US woman whose fall into a shopping centre fountain has become a viral video sensation is threatening to sue the mall. Cathy Cruz Marrero,...
-
eTV, through its pay - TV subsidiary e.Sat, will launch South Africa’s first adult entertainment channel on the DStv platform Earlier this y...
-
I'm shooting the Honda Indy this year with an all -access photo pass, so I can walk around the course and shoot through various openings...
Blog Archive
-
▼
2011
(2720)
-
▼
April
(451)
- Lorenzo and Simoncelli lock horns after QP
- Stoked Big Air Edition-RELOADED
- STCC The Game 2
- SBK: Superbike World Championship (2011)
- Slipknot promise to play 'biggest and most emotional'
- Be Italian!
- Caption My Freaky Photo Competition #3
- Panasonic, Yahoo, more admit defeat, sign deal wit...
- HBO Go mobile app hands-on (video)
- LCD-equipped Cisco REN301 Residential Gateway stop...
- Desk Phone Dock review
- BlackBerry Bold Touch makes brief appearance on RI...
- Sony Bloggie 3D now available for aspiring James C...
- Thermaltake's Level 10 GT enclosure gets reviewed,...
- Tesla J1772 mobile connector standardizes Roadster...
- First Trailer for Transformers: Dark of the Moon
- Hamilton wins the 2011 Chinese Grand Prix
- Schumi vows to see out his Merc contract
- Sleepy Bunny Coloring Pages
- South Africa at the 2011 ICU International Cheer U...
- Valentino Rossi and Nicky Hayden start well in Por...
- Sirius Satellite 2.0 to include DVR-like features,...
- Amped Wireless' UA600EX adapter quadruples your la...
- SIM-sized satellites to lift off with Endeavour th...
- Amazing Guitar
- Tinie Tempah delaying the release of second album ...
- Sir Elton John hasn't spoken to his mother in thre...
- Adriana Lima
- Lady Gaga throws royal wedding-themed party to mar...
- Simoncelli happy after topping the timesheets on d...
- Simoncelli fastest again in FP2
- Chris Brown drops F.A.M.E. album cover
- iZettle's chip-reading Square competitor will take...
- Jesse McCartney: Shopping For a Good Piano
- Hayden Leslie Panettiere
- The Black Angels Announce 2011 North America Headl...
- Demi Lovato
- Sleep Without Snoring
- Nikon Image Authentication Software validates Phot...
- Great Benefit of Chocolate
- Official Hot Mess music video for their song
- Rollin' Justin robot plays catch, makes coffee, ai...
- Samsung Galaxy S II GPS -- it works, it really wor...
- Nexus S 2.3.4 update now available to early adopte...
- Relaxing The Body with Lavender Tea
- Details of Samsung's 'Alex' Chrome OS netbook leak...
- Kiss me Kate! William and his new bride show their...
- Intel touts 50Gbps interconnect by 2015, will make...
- Slender with Good Habits
- Formula 1 cars set to go all electric in the pit l...
- Panasonic Viera AR Setup Simulator app augments th...
- Patted his lips Restylane Headed for Full FDA Appr...
- NPD credits Verizon iPhone with stemming the Andro...
- Megan Fox
- Alpha Bike concept: free-wheeling fixie for flip-f...
- Sprint reports Q1 2011 results, adds 1.1 million s...
- Vitamin D Supplements Not Living Up to Claim
- Xcom Global's international MiFi rentals getting c...
- Hydroelectric Power in the Koto Panjang
- New Straits coast of Riau
- Mount Singgalang in Agam District
- The Royal Wedding Photos
- Lake Maninjau west sumatra Indonesia
- Bugs Bunny is the Roman Emperor Coloring Pages
- Jorge Lorenzo
- Marco Simoncelli
- valentino rossi
- 2011 Holden VE Series II SS Ute
- 2011 Maserati GranTurismo MC
- Honda Plans for the Development NSX, May Use a Hyb...
- The Kennedy’s Miniseries
- Catherine Middleton, her mother Carole and sister ...
- Estoril press conference reunites MotoGP frontrunners
- Fans of the royal family take photographs on the Mall
- 'Last day of freedom': Biker Wills speeds off
- Kate arrives to cheers from thousands camped outsi...
- Royal Fawk You Friday and Bridal Shoegasm
- Meet new band ” The Hot Pursuit
- Jack White Plays Drums in New Band With Kills Singer
- T.G.I.F!!!! New songs to jam to this weekend!
- Jack White unveils new band the Dead Weather
- New Band 'The White Tie Affair' Will Rock Your World
- Are You Taking Good Care Your Skin?
- Is Botox Deaden More From facial muscles?
- After Treatment for Precancerous Cervical Lesions ...
- Women's Kidneys May Be at Higher Risk After Heart ...
- World's Leading Causes of Death Largely Preventable
- How to have sex?
- Sipiso-piso Waterfall-west sumatra
- 100 % minimal
- Lake Toba attractions north-sumatra Indonesia
- Gunung Leuser National safely
- Sea Fresh water lake in the middle aceh
- Bugs Bunny in a Rabbit Hole Coloring Pages
- Are you Ready for The Royal Wedding? This Plonker...
- Overlord for a Day. Bow and Worship!
- Weight Loss May Improve Your Memory
- How Brain Training Can Make You Significantly Smarter
- A New Solution That Stops Snoring and Lets You Sleep
- Weight Loss Discovery Making National Headlines
-
▼
April
(451)