InfoAnda - Sprint pumps up revenue with new fees |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Japanese Scientists Create First Transgenic Monkeys With Skin That Glows Green | 29 May 2009
Chinese media scorn U.S. for politicizing Google affair | | 26 January 2010
Liberia's Johnson-Sirleaf leads on early vote count | | 14 October 2011

MySpace bids to pay musicians 'lost' royalties | 25 January 2010

Forum Views () Forum Replies ()

Read more with google mobile : Sprint pumps up revenue with new fees |

Edition: U.S. Article Comments (0) Technology Sony faces global legal action over data theft Exclusive: Facebook investors look for exits Samsung launches Galaxy S sequel Sprint pumps up revenue with new fees Panasonic to axe thousands of jobs, close plants EBay forecast pleases on user gains Follow Reuters Facebook Twitter RSS YouTube Read Exclusive: Facebook investors look for exits 9:23am EDT Storms knock out TVA nuclear units, power lines 27 Apr 2011 Tornadoes and storms rip through South, more than 220 dead | 11:40am EDT Honolulu has best air in U.S., Los Angeles and others the worst: report 5:47am EDT William and Kate "deeply touched" by well-wishers | 8:50am EDT Discussed 150 Texas governor calls for prayers for rain 139 Obama sees no magic bullet to push down gas prices 93 White House releases longer Obama birth certificate Watched Fire ants form rafts to defy floods Tue, Apr 26 2011 Nokia announces layoffs, outsourcing Wed, Apr 27 2011 Simon the robot requests your attention Tue, Apr 26 2011 Sprint pumps up revenue with new fees Tweet Share this By Sinead Carew NEW YORK (Reuters) - Sprint Nextel's first-quarter revenue was higher than expected as the company tacked on a new fee for smartphone customers, sending its shares up more than 3 percent. Although it lost more wireless subscribers... Email Print Related News Egypt's Mobinil Q1 net tumbles 93.6 pct Wed, Apr 27 2011 Egypt's Mobinil Q1 net profit tumbles 93.6 pct to $3.8 mln Wed, Apr 27 2011 UPDATE 3-Solid wireless growth lifts Rogers profit Tue, Apr 26 2011 Netflix profit rises, but outlook disappoints Mon, Apr 25 2011 RadioShack profit hurt by T-Mobile Mon, Apr 25 2011 Analysis & Opinion Why analysts hate putting out sell ratings Tech wrap: Apple beats Google to the music cloud Related Topics Technology » Hot Stocks » Asian Markets » Media » Stocks Dan Hesse, Chief Executive Officer of Sprint Nextel gestures during the unveiling of the HTC Evo 3D and the HTC Evo View 4G tablet at the International CTIA wireless industry conference at the Orange County Convention Center in Orlando, Florida March 22, 2011. Credit: Reuters/Scott A. Miller By Sinead Carew NEW YORK | Thu Apr 28, 2011 10:40am EDT NEW YORK (Reuters) - Sprint Nextel's first-quarter revenue was higher than expected as the company tacked on a new fee for smartphone customers, sending its shares up more than 3 percent. Although it lost more wireless subscribers than expected in the first quarter as it faced new competition from Verizon Wireless, which launched the Apple Inc iPhone in February, its higher revenue and a lower-than-expected net loss particularly impressed analysts. But while the new competition hurt customer growth, Sprint's new $10 monthly fee for smartphone users, introduced in late January, did not stop customers from upgrading their devices, Chief Executive Dan Hesse told analysts on a conference call. "Even after the $10 charge, our pricing is very, very competitive," Hesse said. Sprint has been clawing its way back from years of subscriber losses to bigger rivals such as Verizon Wireless and AT&T Inc.. Sprint, the No. 3 U.S. mobile service, is opposing AT&T's proposed $39 billion purchase of No. 4 U.S. mobile service T-Mobile USA, a Deutsche Telekom AG unit, on the grounds it will give too much competitive power to one company. In the fourth quarter, Sprint had reported growth in subscribers who pay monthly bills for the first time in more than three years, but that category reverted to a net loss in the first quarter amid stiff competition. However, Sprint's revenue rose about 3 percent to $8.3 billion, and was above the analyst expectations for $8.19 billion, according to Thomson Reuters I/B/E/S. Its average monthly revenue per subscriber (ARPU) of $56 rose from $55 in the year-ago quarter and was well ahead of analyst expectations, according to Pacific Crest analyst Steve Clement who had been expecting ARPU of $55.30. "The postpaid net adds was the one area below expectations. Everything else looked solid," Clement said, referring to high-value postpaid subscribers who pay monthly bills and commit to long-term contracts. Sprint lost 114,000 subscribers in the quarter. While this was much better than its 578,000 losses in the year-ago quarter, it was worse than the average estimate for losses approaching 40,000 from seven analysts contacted by Reuters. In comparison, Verizon Wireless added 906,000 subscribers in the first quarter of 2011 while the No. 2 U.S. mobile service, AT&T, added 62,000 subscribers. The company said it added 1.1 million customers in the quarter including prepaid customers who pay for calls in advance but do not commit to a long-term contract. Sprint's 846,000 prepaid net additions was its best ever, it said. Mizuho analyst Michael Nelson said prepaid additions were well ahead of his expectation for 450,000. "These are favorable results, they're encouraging. The company is making steady progress improving its wireless business," Nelson said. Sprint's net loss narrowed to $439 million, or 15 cents per share, from a loss of $865 million, or 29 cents per share, a year earlier and was much better than analyst expectations for a loss of 22 cents per share. Sprint shares were up 16 cents or 3.3 percent at $4.95 in morning trade on the New York Stock Exchange. (Reporting by Sinead Carew; editing by Derek Caney and Matthew Lewis) Technology Hot Stocks Asian Markets Media Tweet this Share this Link this Digg this Email Reprints We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language, all capital letters or appear to be spam, and we review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. Comments (0) Be the first to comment on reuters.com. Add yours using the box above. Social Stream (What's this?) © Copyright 2011 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback Mobile Newsletters RSS Podcasts Widgets Your View Analyst Research Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Super Lawyers Attorney Rating Service Reuters on Facebook Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 28 April 2011
Two hundred Baathists resign in Syria's Deraa |
Searchers find part of Air France black box off Brazil |
Saudi Arabia detains bloggers over protest: activists |
Iran steps up rate of public executions: Amnesty |
FBI probes of some cyber attacks face troubles |
Visa backs Twitter co-founder's mobile venture |
Rivals seek joint review of AT&T's deals |
PepsiCo to launch social vending machine |
EBay profit tops forecasts on higher sales |
Ericsson quarterly profit surges on mobile broadband demand |
Katie Holmes settles libel suit on drugs claim |
Film-maker Aronofsky to chair Venice fest jury |
Schwarzenegger to star in proposed new Terminator |
Grammy, Broadway producer John Cossette dies at 54 |
Syria's Assad facing dissent over Deraa crackdown |
U.S. helps Libyan rebels as fighting rages in west |
Bomb hits Pakistan navy bus, third this week |
China grows more slowly to 1.34 billion, older and more urban |
N.Korea demands U.S. security guarantee for nuclear talks:Carter |
Kandahar jail governor detained after mass breakout |
Thai army reinforces troops at Cambodian border |
Yemen opposition warns bloodshed may derail deal |
Ivory Coast insurgent militia leader killed |
Sony faces global legal action over breach; shares fall |
Verizon racing to fix high-speed network outage |
Samsung launches Galaxy S sequel |
Panasonic to axe 40,000 jobs: source |
Logitech profit drops |
Baidu sees stronger-than-expected Q2 revenue |
The Voice opens big for NBC |
Tyler joined Idol to prove point to bandmates |
Feisty boxing mom portrayed in The Fighter dies |
Shirelles and Dionne Warwick sue new Broadway show |
Law & Order SVU's Hargitay sues talent agency |
Surprise Palestinian unity deal challenges Israel |
Blast in Morocco tourist cafe kills 14 |
Turkish troops kill 7 Kurdish rebels in clash |
Ugandan opposition leader detained for fourth time |
Somali pirates release Panama-flagged bulk carrier |
Humala's lead over Fujimori narrows in Peru race |
Exclusive: Facebook investors look for exits |
Sprint pumps up revenue with new fees |
Microsoft vs U.S. antitrust battle soon to be history |
EBay forecast pleases as PayPal, auctions gain users |
Open Text poised to grow due to solid pipeline: analysts |
Baidu sees stronger-than-expected quarterly revenue |
William and Kate deeply touched by well-wishers |
Reluctant songwriter Rod Stewart honored in Hollywood |
Iraq aims to revive movie-going stifled by Saddam, war |
Katie Holmes settles libel suit on drugs claim |
Nigeria's Femi Kuti lauded as best World Music artist |
Fervor builds ahead of British royal wedding |
Royal wedding apathy matches passion in Britain |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01