Revenues for the quarter fell to USD 7.795 billion from 8.433 billion the year before, the adjusted EBITDA declined to 2.554 billion from 3.256 billion, and the net result, which had moved to a loss in the previous quarter, continued there at USD 279 million, from a gain the year earlier of 207 million. Postpaid wireless services were unchanged year-on-year at USD 4.2 billion as the company worked to stabilise postpaid ARPA and average postpaid accounts.
Total wireless service revenue amounted to USD 5 billion, pulled down by reimbursements to customers connected to the carrier’s Lifeline programme, and the adoption last year of a new revenue standard. Without these effects, the figure would have been “relatively stable.”
Sprint lost a net 396,000 mobile customers in the quarter, from 175,000 in losses in the previous quarter and 20,000 worth of losses the year before. The number of postpaid customers rose by 273,000, double gains of 134,000 quarter-on-quarter and of 109,000 year-on-year. Postpaid phone losses went 207,000 from losses of 128,000 in fiscal Q1 and of 34,000 the year before.For Prepaid, losses in the quarter went to 207,000 from losses of 169,000 in Q1 and of 14,000 the year earlier.
Sprint had a total of 53.916 million connections at the end of the quarter, from 54.312 in Q1 and 54.547 million year-on-year.
