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What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Thursday, April 25, 2013

Sprint's Capex More than Doubles


Sprint said its consolidated net operating revenues rose almost 1% year-on-year to 8.8 billion US dollars in the first quarter of 2013. It said the improvement was primarily due to higher equipment and wireless service revenues, partially offset by a reduction in wireline revenue. 

Sprint reported capital expenditures, excluding capitalized interest of 15 million dollars, of approximately 1.8 billion dollars in the quarter, compared to 800 million dollars in the first quarter of 2012. Wireless capital expenditures were 1.7 billion dollars in the first quarter of 2013, compared to 710 million in the first quarter of 2012, as Sprint implements its "Network Vision" upgrade. source: Sprint statement

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