Sprint Losing Postpaid Subscribers
Sprint lost 272,000 postpaid customers in its Q2, the company said. But it had wholesale net additions of 827,000 and prepaid additions of 35,000, said a news release. New President Marcelo Claure said Sprint was working on turning around customer…
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losses and would address concerns subscribers list when they leave. Sprint also said more changes are on the way in the management at the carrier. “The company has launched a management review and will seek to grow its leadership talent with a combination of internal candidates, new outside talent and SoftBank resources,” Sprint said. Claure said the carrier was trimming its workforce by about 2,000, conceded that wireless advertisements are often confusing and said Sprint will simplify its plans. People love wireless but are less fond of their carriers, he said. Sprint reported a net loss of $192 million and revenue on $8.5 billion for the quarter.