, Columnist
Sprint Loses Money, Awaits Deal: All's Right in Wireless
Absent a tie-up with T-Mobile, Sprint will only continue to seesaw between unprofitably adding customers and profitably losing them.
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Sprint Corp. is back to losing money, the deal with T-Mobile US Inc. is back on, and all is normal in the wireless world again.
You may recall Sprint's press release from last quarter proudly proclaiming it had actually turned a profit for the first time in three years, as Chairman Masayoshi Son put talks with T-Mobile on the back burner and instead attempted to drum up deal interest from any other billionaire within arm's length of the wireless industry that would hear him out. Didn't work.