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Sprint reports wireless growth as network investment plan continues

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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