Sprint's Q4 2013 quarter report reveals the company is doing well
Sprint's quarterly adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) are $1.15 billion, which means that they have grown by 40% in comparison with Q4 2012.
In 2013 alone, Sprint added 322,000 prepaid, 302,000 wholesale, and 58,000 postpaid subscribers. The carrier finished the year with 53.9 million subscribers, which is the highest amount of users the company has ever had. Additionally, Sprint sold more than 20 million smartphones in 2012 and 5.6 million in Q4 2013 alone.
The company states that it has also received the highest ever annual revenue for wireless services – $28.6 billion. The fourth trimester of the last year accounts for as much as $7.2 billion.
The report also states that more than 200 million are within coverage of Sprint's 4G LTE network. In addition, its ultra fast Sprint Spark network is available in Philadelphia and Baltimore as of today.
source: Sprint via Recode
3. cripton805 (Posts: 972; Member since: 18 Mar 2012)
I hope that's sarcasm. The probably owe more than what they can sell.
4. Mxyzptlk (Posts: 4053; Member since: 21 Apr 2012)
No it's not. If they never offered the iPhone, they would've bled even more money and lost more subscribers.
12. downphoenix (Posts: 2381; Member since: 19 Jun 2010)
not if they would have invested that money into their network instead. They could have been done with their LTE by then, and people would have begged Apple to come to Sprint instead of other way around.
13. QWIKSTRIKE (Posts: 909; Member since: 09 Mar 2010)
Agreed they over paid for iPhone and could have gotten it cheaper
14. SellPhones82 (Posts: 560; Member since: 11 Dec 2008)
Yep, should have waited it out like T-Mobile did and saved themselves a few Billion! Apple would have come down on their price as they watched market share fall. Not to mention the 3G network got worse than it already was after the 4 and 4S were launched. Also be curious how many iPhones got returned due to that same slow crappy 3G network.
19. QWIKSTRIKE (Posts: 909; Member since: 09 Mar 2010)
Hesse dropped the ball on this for sure. Had he done his home work he would have negotiated behind falling sales and market share to Android. Had Hesse been in the know he could have negotiated and got the iPhone for way less. He paid over a premium price for a declining saturated ecosystem.
16. lsutigers (Posts: 761; Member since: 08 Mar 2009)
Seriously??? Every carrier overpaid for the iPhone. Apple has them by the ballz. But...the economics show that in the long term it is worth it to carry the iPhone.
BTW this has nothing to do with Apple vs Android. I could care less about that and use both every day.
2. cripton805 (Posts: 972; Member since: 18 Mar 2012)
This is all stolen money. Their 3g still sucks, so their useless unlimited data is a scam.
9. lsutigers (Posts: 761; Member since: 08 Mar 2009)
Dude Sprint's network has been upgraded in most of the country and it's working fine. Some of the areas that have not been upgraded may still be experiencing issues but by and large LTE has been deployed and 3G has been upgraded.
I travel for work every month and have a Sprint iPhone 5 for work and get solid data speeds in most of the country. Even in a few areas where it drops to 3G it works fine, definitely not unusable. Either you had Sprint several years ago when the network took a hit after they picked up the iPhone, are in a market that has not been upgraded yet or you're talking out of your ass.
11. Mxyzptlk (Posts: 4053; Member since: 21 Apr 2012)
I have to agree and disagree. Their network has been going through improvements but it's not all smooth sailing. Some parts of it still suck based on customer feedback.
15. lsutigers (Posts: 761; Member since: 08 Mar 2009)
Agreed. No carrier's network is smooth sailing everywhere. I have Verizon, arguably the best network in the US, and still see some areas where LTE data speeds suck. No carrier is immune to it.
26. d_roc81 (Posts: 6; Member since: 18 Dec 2013)
Well lets see, where I am we went from .5mb dl and upload pre network vision to 2mb upload and 1mb dl on 3g. I would not call that crappy by any means for 3g. And LTE is getting turned on every day at new cell sites with an average spped of about 8mbs down and as high as 30mb down. You can keep your ill advised comments to yourself and actually start looking at the real data.
6. Technobri (Posts: 78; Member since: 10 Dec 2012)
I think people have a natural hate for sprint and I don't know why.. Even a positive article and still negative comments. Well I'm sticking with them. don't care what hear
10. lsutigers (Posts: 761; Member since: 08 Mar 2009)
Exactly, it's the same thing people said about AT&T when they picked up the iPhone and their network went to crap. I had AT&T at the time and it really was unusable as I'm sure it was in some areas with Sprint but for the most part it's a thing of the past. People just like to bash other networks and praise the service they have. I personally use Verizon which has great coverage but their LTE data speeds in some areas are crap and I have a Sprint iPhone 5 for work and every carrier has their own issues.
18. technitude (Posts: 29; Member since: 19 Dec 2013)
A lot of it is jealousy, I have two friends that come to my house with Verizon. They each pay $32 more a month... ($768 over the life of their phones) I just had the Spark update to my G2, and now in my suburban Colorado Springs home, my data speed is almost 2x their LTE speeds, it's unlimited, and I don't have to cut conversations short because someone is not with my carrier.
note: Spark and LTE are not official here (per Verizon's commercials), but they work.
Anytime anyone pays extra for something, they get defensive about what they are doing. And the jerkier people dis the competition.
(some) Private school students dis public education.
(some) Lexus owners dis Hyundais.
(some) Mac owners dis PCs.
(some) Browns fans dis the Steelers (who pay 1/2 as much per win)
(some) Verizon customers dis Sprint.
Not everyone disses, but when they do, it's based on jealousy. There's no other reason to do it. Although, I have to wonder what I would do, if I committed to pay more to Verizon, and felt like I was getting little for it, I might get defensive too.
Verizon needs to up their game, they need to lower their price, offer more data, or faster data; or 2015 will be a bad year for them.
27. networkdood (Posts: 6310; Member since: 31 Mar 2010)
Great post!! You explained iPhone users, perfectly....
7. youlookfoolish (Posts: 127; Member since: 14 Dec 2012)
Sprint still has more customers and revenue than T-Mobile. It's a fact, and not surprising.
However, T-Mobile still has the largest base of internet fanboys who have a battle cry about 3G speeds which is totally subjective.
Considering Verizon and AT&T own over 200 million of the US 275 million subscribers, I pray the government gets out of the way and allows Softbank to absorb T-Mobile.
Fire that loud mouth Legere and let Hesse who has demonstrated he can run a company with sustainable revenue guide the more competitive merged company.
As usual, LOL T-Mobile.
20. g2a5b0e (Posts: 2568; Member since: 08 Jun 2012)
"Considering Verizon and AT&T own over 200 million of the US 275 million subscribers, I pray the government gets out of the way and allows Softbank to absorb T-Mobile."
Incorrect. Sprint has roughly 52 million customers & T-Mobile has roughly 46 million. With the combined 200 million between Verizon & AT&T, that puts the subscriber base well over 300 million. We haven't even begun to count all the regional subscribers, which I imagine would amount to somewhere in the neighborhood of another 25+million. Check your facts before you try to spew your cocky, uninformed garbage.
21. youlookfoolish (Posts: 127; Member since: 14 Dec 2012)
Oh dear. I typed 275 instead of 325. That makes the whole of my post cocky and uninformed.
Says the T-Mobile fan boy trolling a Sprint earnings report on a message board.
It would be more important to source factual numbers if they actually existed. In other words, you find conflicting reports even from the carriers themselves on customer count.
But what I said isn't uninformed. Sprint is a larger company earning more revenue than T-Mobile and this earnings report reflects that. Hence, relevance. Not cocky.
You mad bro???
T-Mobile sucks, and their parent is desperate to get rid of them. LOL
22. g2a5b0e (Posts: 2568; Member since: 08 Jun 2012)
It's funny how quick people are to throw out the term "troll" when they are in disagreement or just plain wrong...even though you were the one bashing the customers of an entire company first. My LTE network is faster & just as big & it's taken less than half the time to get there. What do I have to be mad about? My carrier isn't hemorrhaging customers every quarter. We'll see who's the #3 come a year from now. You & Sprint are both a joke.
23. youlookfoolish (Posts: 127; Member since: 14 Dec 2012)
wikipedia.org search: Troll_(Internet)
Am I throwing out the term troll? Or are you starting an argument with off topic subject matter referencing incorrect customer count over a generalized earnings report?
Factually you are a troll.
"My" LTE network? Because you own and maintain it? I am sure you pay a bill as an end user so your definition of "my" network is an opinion when as I stated previously, network performance is subjective which is also a fact.
I am fairly confidant that Sprint adding 600k+ end users is also factually not hemorrhaging.
You are factually a moron.
24. g2a5b0e (Posts: 2568; Member since: 08 Jun 2012)
I don't care about what you "factually" believe because you clearly don't know what facts are. These 600K+ customers refer to one quarter. Also, most of those are new tablet customers, which is a skewed way of looking at things since they're not bringing in nearly as much revenue as smartphone customers. Look at Sprint's numbers over the last 3 years & tell me that what I said isn't true. T-Mobile has shown sustained growth over the last 4 quarters. The proof is in the pudding. Believe what you want. I'm out.
25. youlookfoolish (Posts: 127; Member since: 14 Dec 2012)
I clearly don't know what facts are? You are hilarious!!! I just sourced Wikipedia to prove you're a troll. Fact means not opinion but verifiable truth.
So when I stated 600k+ subscribers, that is a fact because it is sourced in this very article. I get your intelligence and comprehension are low. But it isn't what I believe. It is what is reported as verifiable truth.
You BELIEVE (opinion) T-Mobile is a great carrier. But their revenue is only 4.9 billion (source, Phone Arena and USA Today) as of Q4 2013. Sprint's revenue is over 9 billion. That is a lot more. And not what I believe. It's fact. Truth.
One quarter, three years that's all terrific you can spin your argument to what suits you. Deutsche Telecom wants to get rid of them. It's not a secret or opinion.
Please don't go. But I enjoy this banter. It's also upping my post count.
28. networkdood (Posts: 6310; Member since: 31 Mar 2010)
You get more revenue when you bill the customers more....just saying...also, you act like you get something in return when your favorite device/company, etc...does well....lol
8. Noble_One (Posts: 58; Member since: 18 Aug 2012)
My whole area is getting the LTE all at once it seems. I'm getting coverage in a different area literally every day. I think once the roll out is complete their coverage and unlimited data will be hard to beat for the price. I don't think the iPhone saved them...lol. I know it was reported initially that the deal was much better for apple than it was for Sprint. Honestly, offering all the same top phones as all the other carriers helps quite a bit.