Sprint this morning announced its Q1 2012 earnings. The big strokes are that it added 263,000 postpaid subscribers but posted a $255 million operating loss. (A little less than half of that was for in operating costs for its new "Network Vision" strategy. You have to spend money to make money.)
Sprint now boasts more than 56 million customers (32.8 million postpaid, and 15.3 million prepaid. Churn was up slightly at 2 percent.
And, yes, Sprint sold some iPhones -- some 1.5 million.
What we're really interested in, of course, is Sprint's LTE rollout. It's still set to have six LTE cities running by mid-year, and more than 12,000 sites (different than citites) by the end of the year.
Source: Sprint
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troy miracle andy whitfield kennedy demi moore roy oswalt kevin martin
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