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Analysts expect improvement from Sprint in Q4

When it announces its fourth quarter 2009 results later this week, Sprint Nextel is expected to begin recovering from a string of subscriber losses. However, analysts are divided over how strong the comeback will be.

The company may stem or reverse subscriber losses due to the continued success of its Boost Mobile prepaid unit as well as its newly introduced Any Mobile, Anytime calling plan. According to the AP, Sanford Bernstein analyst Craig Moffett said he thinks Sprint will have net subscriber additions of 327,000. However, Deutsche Bank analyst Brett Feldman said he believes Sprint will report 150,000 net wireless subscriber losses.

Either outcome will be a substantial improvement over Sprint's third quarter performance. During that period, Sprint's net retail subscribers declined by 135,000 and its net wireless customers declined by around 545,000--including net losses of 801,000 postpaid customers.

Sprint has been working feverishly to reverse years of declining subscriber additions. The carrier recently made prepaid a priority, and finished its acquisition of prepaid MVNO Virgin Mobile USA late last year. The company also is moving aggressively on its 4G mobile WiMAX plans, and is expected to launch a WiMAX handset later this year.

For more:
- see this AP article
- see complete Q4 coverage

Related Articles:
Sprint's stock dives, but company reiterates value
Sprint may slash up to 2,500 jobs
Sprint's plan of attack
Q3: Sprint continues to lose postpaid subscribers
AT&T follows Verizon, offers cheaper unlimited plans
Verizon drops unlimited voice prices, overhauls data plans


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Comments (3) | Post a comment
More stories about quarterly earnings   Bosot Mobile   WiMAX   Sprint   subscriber numbers   subscriber growth  

Comments

I have to ask... Why does Sprint keep touting "it's 4g network"? It's Clears network, which Sprint is a majority share holder of.

Sprint barely has it's own network anymore!

Sprint had better see a significant turn around, or else Dan Hesse should be making a sweet "will work for food sign".

Sprint owns 51% of Clear making them the majority holder.

So, it is their network.

Hmm.. Its 57% now and Verizon owns 55% of Vz Wireless with 45% being foreign owned by Vodofone. Can you say, Buy American?

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