Thursday, August 09, 2007

Sprint's Numbers

Sprint released its quarterly financial report. Phone+ summarizes:

  1. Sprint said it earned $19M during the three months that ended June 30.
  2. Last year it did $370M for the same quarter.
  3. Revenue increased by approximately 2% from $10B to $10.16 billion
  4. Sprint added 400,000 new subscribers - 155,000 brought in by wholesale partners and 33,000 from agents - now totals 54M

Sprint is spending on WiMax and 4G - and it is costing them

Sprint is also letting its wireline operations go by the wayside.

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