0
Wireless

Sprint forecasts stronger EBITDA growth in 2014

Tuesday 11 February 2014 | 13:13 CET | News
Sprint forecast a further improvement in adjusted EBITDA in 2014, after reporting 13 percent growth in 2013. The result rose to USD 5.4 billion last year and is expected to reach USD 6.5-6.7 billion in 2014. In the fourth quarter of 2013, Sprint increased revenues slightly to USD 9.14 billion from USD 9.01 billion a year ago, helped by the acquisition of Clearwire, and adjusted EBITDA rose nearly 40 percent to USD 1.15 billion, helped by reduced handset subsidies and the shutdown of the Nextel network. Customer growth improved compared to the third quarter, with the net addition of 477,000

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Clearwire / Nextel / Sprint / US Cellular
Countries: United States
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Sprint moves to net profit, customer losses slow

Published 30 Jul 2014 15:29 CET | United States
Sprint reported a continued improvement in profits for the second quarter, while slowing the loss of mobile customers. The US ...

Sprint raises EBITDA outlook, loses customers in Q1

Published 29 Apr 2014 13:30 CET | United States
Sprint raised its forecast for adjusted EBITDA this year after reporting a strong first quarter. The US mobile operator now ...

Sprint plans Wimax shutdown by end-2015

Published 09 Apr 2014 12:32 CET | United States
US mobile operator Sprint plans to stop using Wimax technology by the end of 2015. In a SEC filing, the company said its ...

Sprint launches Messaging Plus for Android powered by Jibe

Published 20 Feb 2014 14:55 CET | Mexico
Sprint has announced that Messaging Plus, powered by cloud communications company Jibe Mobile, will now come pre-loaded on the ...

Softbank doubles revenues, net profit stable in Q3

Published 12 Feb 2014 11:53 CET | Japan
Japanese communications provider Softbank posted a net profit of JPY 93.3 billion for its fiscal third quarter to December, down ...

Sprint reconsidering T-Mobile US acquisition - report

Published 10 Feb 2014 16:40 CET | United States
Sprint officials are coming together to discuss whether the potential acquisition of smaller rival T-Mobile US is still a good ...

Sprint Chairman to meet with head of FCC - report

Published 03 Feb 2014 15:06 CET | United States
Sprint Chairman Masayoshi Son has plans to meet with the head of the Federal Communications Commission on 3 February concerning ...

Sprint rolls out LTE service in 40 new markets

Published 31 Jan 2014 20:08 CET | United States
Sprint has announced the availability of LTE service in 40 more markets nationwide, for a total of 340 markets across the US. The ...

US wary about Sprint proposed merger with T-Mobile - report

Published 29 Jan 2014 16:09 CET | United States
Sprint board members Masayoshi Son and Dan Hesse recently met with Justice Department officials who said they would view a Sprint ...

Sprint cuts jobs, will not bring back Nextel brand

Published 27 Jan 2014 15:33 CET | United States
On 16 January, Sprint initiated the implementation of a workforce reduction plan that is expected to include steps to, among ...

Sprint launches Framily ad campaign

Published 20 Jan 2014 09:07 CET | United States
Sprint has launched an advertising campaign to promote its 'Sprint Framily' pricing program. Under the motto 'You don't have to ...

Softbank starts talks with DT on T-Mobile takeover - report

Published 20 Jan 2014 08:52 CET | United States
Softbank has entered direct talks with Deutsche Telekom to resolve obstacles to a potential merger of their US mobile operators, ...

Sprint offering anytime upgrades with Sprint Easy Pay

Published 16 Jan 2014 16:12 CET | United States
Sprint has announced that for a limited time, it is offering customers the ability to upgrade their phone early with Sprint Easy ...

Sprint expands Sprint Spark network in eleven new markets

Published 08 Jan 2014 22:05 CET | United States
Sprint has announced it has expanded its Sprint Spark network, offering peak data speeds of up to 50-60 Mbps, in eleven new ...

Sprint introduces new Sprint Framily Plan

Published 08 Jan 2014 21:40 CET | United States
Sprint has introduced a new mobile data plan, the Sprint Framily Plan. The Sprint Framily Plan is available to new and existing ...