Sprint Added A Total Of 682,000 Customers In Q4 2013
Sprint, America’s third-largest carrier, has just announced its Q4 2013 earnings revealing marginal growth thanks to its quickly-expanding 4G LTE networks around the country. The carrier added a total of 682,000 customers during the last three months of 2013 alone.
322,000 of these customers opted for prepaid connections, while 58,000 were postpaid customers. The remaining 302,000 were wholesale buyers, according to the carrier’s announcement.
Revenue-wise, Sprint still recorded a loss of $1 billion — down from the $1.3 billion loss it faced in the same period back in 2012. The carrier was only able to sell 5.6 million smartphones over the three month period, which is a cause for concern.
On the brighter side, the carrier announced the availability of its Sprint Spark tri-band LTE service in Baltimore and Philadelphia, thus taking the total tally of Sprint Spark markets to 14. The carrier will continue to expand its coverage further as customers look for a viable alternative to AT&T and Verizon in the U.S.
T-Mobile appears to be making the best use of the situation with its Uncarrier promotions and consumer friendly plans. This explains Sprint’s continued interest to merge with T-Mobile USA, pending approval from the authorities.Related