Tuesday, 25 July 2017

Softbank sees light at end of Sprint tunnel

By Nick Wood, Total Telecom
Wednesday 04 November 15

Japanese telco's U.S. arm adds 1.1 million customers during second quarter but revenue falls 7.6%.

Softbank CEO Masayoshi Son was upbeat on Wednesday about Sprint's prospects, after the Japanese telco's U.S. arm added 1.1 million customers during its fiscal second quarter. For the three months to 30 September, Sprint reported net postpaid subscriber additions of 553,000, compared to a year earlier loss of 272,000. Sprint's prepaid division lost 363,000 customers, but the addition of 866…

Softbank CEO Masayoshi Son was upbeat on Wednesday about Sprint's prospects, after the Japanese telco's U.S. arm added 1.1 million customers during its fiscal second quarter. For the three months to 30 September, Sprint reported net postpaid subscriber additions of 553,000, compared to a year earlier loss of 272,000. Sprint's prepaid division lost 363,000 customers, but the addition of 866…

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