Sprint's CFO sees positive revenue growth and no inventory issues with the HTC EVO 4G
It's clearly been a long time sinceprofitable money started rolling into Sprint's pockets as they'vestruggled to keep a steady grasp in their position in the US marketwhere competitors AT&T and Verizon have been giving them abeating. We've consistently see Sprint bleed out customers almostevery time they announced their quarterly financial statements, butwe've been seeing a slight trend that it's starting to trickle down –with an eventual complete stoppage commencing. Sprint's ChiefFinancial Officer, Robert Brust, made some ear raising commentsduring an investors conference on Monday where he said that thecompany is through the worse of the revenue declines. Although theyare still losing customers in the postpaid sector, Sprint has beensteady in narrowing declines and has showcased some steadyimprovement over the last few years – which are attributed to abetter handset lineup, extremely competitive plan offerings, and afocus for improved customer service. Interestingly enough, Brusthinted to the notion that the company expects to be back in thepositive in revenue growth by the end of the year. Their prepaidbusiness has obviously boosted them and Brust believes in the “bigupside” for the company with prepaid. In addition, it's expectedthat the HTC EVO 4G should kick off things in the correct directionfor them as Brust shed some light that they won't foresee anyinventory issues with the HTC EVO 4G.