Sprint Announces Third Quarter Results

Sprint has announced another quarter of results recently. Sprint kept up the customer increases, adding a total of 644,000 customers last quarter. 354,000 postpaid subscribers were added to the network, which are valued customers because they sign new two-year contracts. Sprint also did well in the prepaid department, gaining a total of 471,000 prepaid subscribers. A whopping 1.2 million of those customers are new to the CDMA network, but the total number of additions was dragged down by 700,000 prepaid customers leaving the iDen network. Although Sprint is gaining customers again, they lost an average of thirty cents per share this past quarter. The strong customer gains are good news, but the loss might be troubling to Sprint investors. (Sprint)

Sprint to Release Third-Quarter Earnings on Wednesday

This Wednesday, we will find out whether Sprint has been able to keep gaining subscribers to their network, like they did last quarter. They will be announcing their earnings information on the thirteenth at 8 a.m. (Eastern Time). If you want to listen in, you can call 800-938-1120 in the United States and Canada, and enter the ID 11720738 to listen in on the conference call. If you are not withing the United States or Canada, but still want to listen in (for some reason), you can dial 706-634-7849 and enter the same ID number. To make sure that you can listen in, you should call the number ten minutes before the earnings report starts. A webcast will also be available after the announcement at sprint.com/investors (Sprint)