Sprint has just released their Q2 information, and things couldn't be looking better. The embattled carrier has had a hard couple of years. For a while there, it looked like they might even be close to death. But now Sprint has sailed past the brink of despair and into the land of milk and honey and postpaid accounts.
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This quarter represents their first total net wireless subscriber growth in three years, and their best postpaid churn in history. They still pulled out a net loss of $760 million, but postpaid subscribers are up by 110,000. They saw a net increase of 136,000 in their CDMA network and an overall boost of 285,000 for the Sprint brand.
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Sprint attributes this relative level of success to the launch of hot new smartphones like the HTC Evo, as well as the expansion of their pre-paid wireless business. Whether or not Sprint's successes will continue into Q3 remains to be seen, but for now the company appears to be closer to the right track than they have been in years.