Sprint reports 4th-quarter revenue increase, subscriber growth

NEW YORK Tue Feb 11, 2014 7:17am EST

NEW YORK Feb 11 (Reuters) - Sprint Corp, the No. 3 U.S. mobile provider, on Tuesday reported an increase in quarterly revenue that was ahead of analysts' expectations and said it added wireless subscribers in the fourth quarter.

The company, which is 80 percent owned by Japan's SoftBank Corp, said its loss narrowed to $1.04 billion, or 26 cents per share, in the fourth quarter, from $1.32 billion, or 44 cents per share, in the year-ago quarter.

Revenue rose to $9.14 billion from $9.01 billion. The average analyst estimate was $8.97 billion, according to Thomson Reuters I/B/E/S.

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (1)
LEE.K wrote:
Take that S-haters!!!

Feb 11, 2014 12:19pm EST  --  Report as abuse
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.