About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Friday, October 26, 2012

Sprint Revs Up Wireless Revenues

Sprint said that its revenues rose 5% year-on-year in the third quarter of 2012 to 8.8 billion US dollars, "primarily due to higher wireless service and equipment revenues, partially offset by a reduction in wireline revenues."
 
Sprint said its capital expenditure was 1.5 billion dollars in the quarter, compared to 760 million dollars a year earlier.  The Kansas-based telco has "launched 4G LTE in 32 cities and expects that 4G LTE will be available in more than 115 additional cities in the coming months." Sprint also said it has launched or announced 13 4G LTE devices to date. source: Sprint statement 


 
 

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