Sprint, one of the leading U.S. telcos, said its revenues climbed 4% year-on-year in the second quarter to 8.3 billion US dollars. Sprint said the "improvement was primarily due to higher postpaid ARPU, growth in the number of net prepaid subscribers and higher wireless equipment revenues, partially offset by net losses of postpaid subscribers and lower wireline revenues."
Sprint said it lost approximately 101,000 net postpaid subscribers during the quarter, a net improvement of 127,000, or 56%, compared to the second quarter of 2010.
Sprint said its capex in the quarter was 640 million dollars, compared with 437 million dollars in the second quarter of 2010 as the company "invested primarily in data capacity as a result of increased data usage to maintain a competitive position in data service and overall network quality." source Sprint statement
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