NEW YORK, April 29 Sprint Corp, the No. 3
U.S. mobile provider, on Tuesday reported an increase in
quarterly revenue that was in line with analysts' expectations
and said it lost wireless subscribers in the first quarter.
The company, which is 80 percent owned by Japan's SoftBank
Corp, said its operating losses narrowed to $151
million, or 0.04 cents per share, in the first quarter, from
$643 million, or 21 cents per share, in the year-ago quarter.
Revenue rose to $8.88 billion from $8.8 billion, matching
the average analyst estimate according to Thomson Reuters
(Reporting by Marina Lopes; Editing by Chizu Nomiyama)