Sprint reports $1.4 billion loss in Q2 due to Nextel unwinding and iPhone subsidies

0. phoneArena posted on 26 Jul 2012, 06:50

If it wasn't for such expenses, Sprint actually had a pretty good quarter, adding 442, 000 net subscribers, and logging its best ever quarterly churn rate of 1.69. The company took in $7.3 billion of revenue in the quarter, an 8% increase over Q2 of 2011...

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