Thursday, 3 May 2018

Sprint posts its best-ever profit ahead of T-Mobile merger

Sprint has posted its highest-ever profit ahead of the company’s merger with T-Mobile. Despite facing tough competition from its future partner, Verizon, and AT&T in recent years, as well as being overtaken by T-Mobile, Sprint has defied odds in its final quarter of 2017 by posting its best financial results in the company’s history.

2017 saw Sprint add a total of 606,000 postpaid subscribers, which also marks the company’s third year in a row of adding postpaid customers and is also a six-year high. Of this amount, a total of 55,000 were added in the fourth quarter of the year. In ...

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