Sprint hangs on to third-largest carrier position ahead of T-Mobile
Sprint held on -- barely -- as the nation's third-largest carrier in the first quarter of 2015, with T-Mobile continuing in fourth place.Sprint said today it had 57.1 million total connections to its network, compared to 56.8 million for T-Mobile, as reported last week.T-Mobile was expected to edge ahead of Sprint, given T-Mobile's aggressive growth in the past year.Sprint CEO Marcelo Claure said in a conference call that T-Mobile CEO John Legere had spoken "prematurely" in statements he made last week about T-Mobile's improvement compared to Sprint.MORE ON NETWORK WORLD: 12 most powerful Internet of Things companies Claure called out Sprint's addition of 1.2 million net customer in the quarter, up from 967,000 in the prior quarter, and net losses of 383,000 in the same quarter in 2014. He said those additions were the highest in nearly three years, while churn (losses) among postpaid customers dropped to 1.84% and network performance improved, "all of which will position the company for profitable growth."To read this article in full or to leave a comment, please click here
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