Sprint sees Q2 Sprint platform net additions of 740,000
In a regulatory filing, Sprint disclosed that the company is currently in the process of finalizing its financial results for the three months ended September 30, 2016. The company expects to report Q2 total Sprint platform net additions were 740,000 in the quarter, including postpaid net additions of 344,000, prepaid net losses of 427,000, and wholesale and affiliate net additions of 823,000. Sprint platform postpaid results include 347,000 postpaid phone net additions, which doubled from the prior quarter and increased from 62,000 in the prior year - a more than 5x increase. Total Sprint platform postpaid churn of 1.52% in the quarter improved by two basis points year-over-year, while postpaid phone churn of 1.37% was the lowest in company history and improved 12 basis points from the prior year quarter, the company said.