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Assessing Sprint’s Earnings Outlook for Fiscal 4Q17

Scarlett Ness
Updated
Assessing Sprint’s Earnings Outlook for Fiscal 4Q17

In fiscal 3Q17 (ended December 2017), Sprint (S) added its highest net additions of 256,000 postpaid customers and added 63,000 prepaid connections. The telecom company also posted its highest adjusted EBITDA (earnings before interest, tax, depreciation, and amortization) for the past 11 years in fiscal 3Q17. Sprint has been gaining momentum with its turnaround efforts to tap a significant share in an immensely competitive US wireless environment, which is dominated by Verizon Communications (VZ) and AT&T (T).

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