Credit: Reuters/Brendan McDermid
A woman uses her phone as she walks past a Sprint store in New York's financial district, October 15, 2012.
The carrier has struggled to turn around several quarters of losses in an environment of intense price competition.
The company, which is 80 percent owned by Japan's SoftBank Corp, said its operating losses narrowed to $192 million, or 19 cents per share, in the third quarter, from a loss of $380 million, or 24 cents per share, in the same quarter a year ago.
Revenue rose to $8.5 billion from $7.7 billion in the quarter, slightly below the average analyst estimate, according to Thomson Reuters I/B/E/S.
(Reporting by Marina Lopes)
Posted by Unknown on Monday, November 3, 2014 - Rating: 4.5
Thank You for Visiting Sprint cuts 2000 jobs, more leadership changes to come.
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