Sprint's latest financials show that the network is stemming its losses, but is still taking a hit on a $767 million net loss and an operating loss of $231 million. Dan Hesse's company managed to bring in service revenues of $7.3 billion and added a further 900,000 customers in the period, but ate $397 million write-down as part of the Nextel shutdown.
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Filed under: Cellphones, Mobile
Sprint sells 1.5 million iPhones, 1 million other smartphones, but makes a net loss of $767 million originally appeared on Engadget on Thu, 25 Oct 2012 07:05:00 EDT. Please see our terms for use of feeds.
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