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Sprint gained almost 1 million customers in Q3 of 2014
In an preliminary customer report released earlier today, Sprint announced that the company gained roughly 967,000 new customers in Q3 of 2014. Specifically, those numbers break down to 30,000 postpaid additions, 410,000 prepaid and 527,000 wholesale net additions. Sprint also boasts that the postpaid growth in Q3 was driven by the highest number of postpaid growth additions in three years. Though the carrier was recently dubbed by some as “the lowest rated carrier of the year,” much of this business was likely driven by the success of Sprint’s Cut your bill in half deal. Sprint will release their official Q3 2014 results in February.
Sprint and T-Mobile have been neck-and-neck for quite some time now, trying to hold down the spot of the third largest carrier in the US. Though Sprint had a very good Q3 last year, T-Mobile more than doubled Sprint’s growth in Q4. If you can recall back to yesterday, T-Mobile just posted their preliminary results for the entire year of 2014. T-Mobile reported that they gained 2.1 million new customers in Q4 alone, putting them (temporarily) ahead of Sprint in total number of customers. This all might change when Sprint posts their Q4 earnings, so we’ll just have to wait and see who comes out on top.
All in all, though, Sprint has had a very successful third quarter, and things are looking very positive for the company for the year 2015.