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Sprint reports wireless growth as network investment plan continues

August 1, 2018

Under the direction of new CEO Michel Combes, Sprint today reported Q1 2018 financials that reflect a sixth consecutive quarter of subscriber growth, although key metrics like net income and operating income declined year-over-year. Combes said, as the company seeks regulatory approval for a merger with T-Mobile US, “balancing growth and profitability” is a focus point.

“I am quite proud by the results,” Combes said on a call with the media.

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