Sprint continues to undergo the painful and awkward transition of shutting down its Nextel network.
The Overland Park, Kan., wireless provider on Wednesday reported a first-quarter loss of $643 million, or 21 cents a share, compared with a loss of $863 million, or 29 cents a share, from a year ago.
Revenue, meanwhile, edged up slightly to $8.79 billion from $8.73 billion a year ago.
The results compare to the loss of 33 cents a share and revenue of $8.71 billion that analysts had projected, according to Thomson Reuters.
Sprint lost a net 415,000 subscribers in … Read more