{"id":547527,"date":"2010-04-29T19:30:00","date_gmt":"2010-04-29T23:30:00","guid":{"rendered":"http:\/\/www.phonedog.com\/2010\/04\/29\/sprint-announces-first-quarter-earnings-trims-customer-losses\/"},"modified":"2010-04-29T19:30:00","modified_gmt":"2010-04-29T23:30:00","slug":"sprint-announces-first-quarter-earnings-trims-customer-losses","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/547527","title":{"rendered":"Sprint announces first quarter earnings; trims customer losses"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/r.phonedog.com\/shared\/images\/2010\/4\/102423-sprint-store.jpg\" alt=\"Sprint store\" width=\"423\" height=\"211\" \/><\/p>\n<p>Yesterday, Sprint announced their first quarter earnings, and though the numbers were slightly down, they represented an improvement over past quarters.&nbsp; At the end of the quarter, Sprint had 48.1 million customers (33.4 million of which are postpaid) and operating revenues closed at $8.1 billion, an $865 million loss.&nbsp;<\/p>\n<p>Postpaid churn was at 2.15 percent, due in part to the deactivations of former Helio customers (2.12 percent without).&nbsp; The number represented a drop from 2.25 percent in Q1 2009.&nbsp; All in all, the company lost 75,000 net wireless customers (including losses of 578,000 postpaid customers), and wireless postpaid ARPU (average revenue per user) was at $55, a year-over-year drop from $56.<\/p>\n<p><span class=\"ccbnTxt\"><\/p>\n<p>&#8220;Sprint&#8217;s first quarter results, including  increased net operating revenues and significant year-over-year net  post-paid subscriber improvements show we continue to make progress in  improving the business,&#8221; said Sprint CEO Dan Hesse.<\/p>\n<p>Despite the fact that the numbers are somewhat lower than the competition&#8217;s, I have to give Sprint credit.&nbsp; People are quick to peg Sprint&#8217;s earnings as &#8220;dismal,&#8221; &#8220;average,&#8221; and  &#8220;the usual expectation,&#8221; but they&#8217;re  trimming their losses, working to improve customer service, and have at  least one hot new device coming in the next quarter (EVO 4G, in case you  were wondering).&nbsp; Given the improvements they&#8217;ve made over the past year on several fronts, I could see them gaining customers by the fourth quarter of this year.&nbsp; Now it&#8217;s time to hear from you &#8211; sound off with your thoughts on Sprint&#8217;s quarterly earnings!<\/p>\n<p><\/span><\/p>\n<p>Via <a href=\"http:\/\/www.boygeniusreport.com\/2010\/04\/28\/sprint-announces-q1-results-sheds-75000-additional-customers\/\" >BGR<\/a>, <a href=\"http:\/\/newsreleases.sprint.com\/phoenix.zhtml?c=127149&amp;p=irol-newsArticle_newsroom&amp;ID=1419037\" >Sprint<\/a><\/p>\n<p><em><span style=\"text-decoration: underline;\"><strong>Additional Q1   2010 Reporting (as it is available)<\/strong><\/span><strong>:<\/strong><\/em><\/p>\n<ul>\n<li><a href=\"http:\/\/www.phonedog.com\/2010\/04\/22\/verizon-announces-first-quarter-earnings\/\" ><em>Verizon Wireless<\/em><\/a><\/li>\n<li><a href=\"http:\/\/www.phonedog.com\/2010\/04\/21\/at-t-announces-strong-first-quarter-numbers\/\" ><em>AT&amp;T<\/em><\/a><\/li>\n<li><em>Sprint<\/em><\/li>\n<li><em>T-Mobile<\/em><\/li>\n<\/ul>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/Iqio1_vtvlYIe6wsjJGdvcabYx4\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/Iqio1_vtvlYIe6wsjJGdvcabYx4\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/Iqio1_vtvlYIe6wsjJGdvcabYx4\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/Iqio1_vtvlYIe6wsjJGdvcabYx4\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/phonedog_cellphoneblog\/~4\/WvdgQhSB5-E\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday, Sprint announced their first quarter earnings, and though the numbers were slightly down, they represented an improvement over past quarters.&nbsp; At the end of the quarter, Sprint had 48.1 million customers (33.4 million of which are postpaid) and operating revenues closed at $8.1 billion, an $865 million loss.&nbsp; Postpaid churn was at 2.15 percent, [&hellip;]<\/p>\n","protected":false},"author":671,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-547527","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/547527","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/671"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=547527"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/547527\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=547527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=547527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=547527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}