Sprint Q1 results show gain in prepaid and loss in postpaid side

Sprint Q1 results for the 2012 came out with some good and bad numbers. Most of good ones are related to Sprints prepaid divisions. Generally, for the first quarter, company had wireless service revenues of $7.2 billion, which is a seven percent increase year over year. Despite the increase, they still had an operating loss of $255 million and an $863 million net loss, which is smaller than they have projected. Read more