T-Mobile US Inc said on Friday that Sprint lost 348,000 phone subscribers who pay a monthly bill in the first quarter, compared to 189,000 a year ago.
FILE PHOTO: A T-Mobile logo is seen on the storefront door of a store in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton
- T-Mobile US Inc said on Friday that Sprint lost 348,000 phone subscribers who pay a monthly bill in the first quarter, compared to 189,000 a year ago. Sprint’s preliminary postpaid phone churn, or the rate of customer cancellations, increased to 1.89% from 1.82% in the quarter, T-Mobile said in a regulatory filing.
T-Mobile officially completed the $23 billion merger with Sprint Corp, solidifying its position as the No.3 wireless provider in the United States in April after a long legal battle between multiple state attorneys general which argued that the deal would be anticompetitive.T-Mobile will report its first earnings post the merger on May 6, after markets close.
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