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October 26, 2011 03:39 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/y5XZPnTx2_w/
Sprint Cuts Quarterly Losses, Bets On iPhone For Subscriber Uptick
Sprint Nextel, the no. 3 carrier in the United States, reported its quarterly earnings today, and they're quite solid. In Q3 2011, the company generated consolidated net operating revenues of $8.3 billion, up from $8.15 billion in the same period last year and relatively flat compared to Q2 2011.The company booked a quarterly loss of $301 million (or 10 cents per share), roughly a third the loss it reported in the same quarter a year ago ($911 million).Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/y5XZPnTx2_w/
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