Atlanta, GA (PRWEB) February 11, 2014
Sprint is reporting a smaller fourth quarter loss and subscriber increases according to Reuters, Feb 11.
Industry analyst Jeff Kagan offers comment.
“Sprint after their Softbank acquisition is finally beginning to turn the ship around. It was not a big, blowout quarter, but at least it was not another loss. It was growth. That is something for Sprint after so many quarters of losses,” says Tech analyst Jeff Kagan.
“This is just one quarter and Sprint has to have quarter after quarter of growth and good news, but this could be a start. I’ll bet everyone in the Kansas City and Japan headquarters has a big smile on their face this morning,” says Technology analyst Kagan.
“I think the market was expecting another quarterly loss. They have been occurring for so long you just get used to it. But this is actually pretty good news for Sprint. Let’s just hope it continues,” says Kagan.
“Let’s not put the horse ahead of the cart. This was not an exceptionally healthy growth quarter. It was still far below the growth numbers of AT&T and Verizon. However both Sprint and T-Mobile may be starting on a longer term recovery and if they are, that is good news,” says Kagan.
Sprint is beginning to transform themselves after the Softbank acquisition. They want to be a stronger wireless network, but they also want to evolve beyond traditional wireless. The market is expecting quite a bit from Sprint going forward. This is just the first step.
About Jeff Kagan
Jeff Kagan is a Technology Industry Analyst, consultant and columnist. He is regularly quoted by the media and shares his opinion in many ways over 25 years.
He offers comment to reporters and journalists on wireless, telecom, Internet, cable television, IPTV and other tech news stories.
Kagan is also known as a Tech Analyst, Wireless Analyst, Telecom Analyst and Principal Analyst.
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