Sprint-Nextel Loss Grows to 30 Cents Per Share
Revenues rose 1% to $8.2 billion, the company said in a statement.
Sprint had "elevated subsidy levels as part of the successful launches of the 4G-capable phones," Brett Feldman, an analyst Deutsche Bank AG, told Bloomberg News.
The company lost 107,000 contract customers in the quarter, down from 801,000 a year earlier. Still, Sprint-Nextel added 471,000 customers without contracts.