Sprint's CFO sees positive revenue growth and no inventory issues with the HTC EVO 4G
It's clearly been a long time since profitable money started rolling into Sprint's pockets as they've struggled to keep a steady grasp in their position in the US market where competitors AT&T and Verizon have been giving them a beating. We've consistently see Sprint bleed out customers almost every time they announced their quarterly financial statements, but we've been seeing a slight trend that it's starting to trickle down – with an eventual complete stoppage commencing. Sprint's Chief Financial Officer, Robert Brust, made some ear raising comments during an investors conference on Monday where he said that the company is through the worse of the revenue declines. Although they are still losing customers in the postpaid sector, Sprint has been steady in narrowing declines and has showcased some steady improvement over the last few years – which are attributed to a better handset lineup, extremely competitive plan offerings, and a focus for improved customer service. Interestingly enough, Brust hinted to the notion that the company expects to be back in the positive in revenue growth by the end of the year. Their prepaid business has obviously boosted them and Brust believes in the “big upside” for the company with prepaid. In addition, it's expected that the HTC EVO 4G should kick off things in the correct direction for them as Brust shed some light that they won't foresee any inventory issues with the HTC EVO 4G.
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