Sprint loses postpaid phone accounts in fiscal Q2, but still ends up with a net profit

While its prospective merger partner T-Mobile continues to lead the industry in postpaid phone net additions, Sprint is having trouble holding on to its customers in this category. This morning, the nation's fourth largest carrier reported that 34,000 postpaid phone customers dropped the company during the company's fiscal second quarter, which ended in September. Overall, it still added 95,000 net new retail customers and reported net gains in the number of postpaid subscribers for the fifth consecutive quarter.

Sprint says that excluding the $173 million effect of ...