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  • bluecheese4u bluecheese4u Feb 7, 2013 8:34 AM Flag

    Sprint Nextel Reports Fourth Quarter and Full Year 2012 Results

    Sprint Nextel Reports Fourth Quarter and Full Year 2012 Results

    07 February 2013

    •Full year 2012 consolidated net operating revenue of $35.3 billion rose 5 percent year-over-year; annual Sprint platform wireless service revenue of $27.1 billion is the highest ever and increased nearly 15 percent year-over-year; record 2012 Sprint platform postpaid ARPU of $63.05 grew more than 5 percent over 2011
    •Annual Operating Loss of $1.8 billion, includes accelerated depreciation of $2.1 billion; annual Adjusted OIBDA* of $4.8 billion; fourth quarter Adjusted OIBDA* of $860 million up 2 percent year-over-year
    •2012 Sprint platform postpaid net additions up 18 percent year-over-year and highest since 2007
    •Strong postpaid and prepaid Nextel recapture rates•2012 postpaid recapture rate of 55 percent
    •Fourth quarter postpaid recapture rate of 51 percent
    •Best ever quarterly prepaid recapture rate of 50 percent

    •Annual smartphone sales of nearly 20 million•2012 iPhone® sales of more than 6.6 million – 40 percent to new customers
    •Best ever quarterly iPhone sales of approximately 2.2 million – 38 percent to new customers
    •89 percent of quarterly Sprint platform postpaid handset sales were smartphones

    •Network Vision sites on air nearly doubled in last 90 days•4G LTE now launched in 58 cities with nearly 170 more expected in coming months
    •Construction started in more than 450 cities
    •More than 19,500 sites now ready for construction
    •Average current new sites on air per week have grown 83 percent from third quarter
    •More than 8,000 sites on air

    The company’s fourth quarter 2012 earnings conference call will be held at 8 a.m. ET today

    newsroomDOTsprintDOTcom/article_displayDOTcfm?article_id=2510

    Presentation
    investorsDOTsprintDOTcom/Cache/1001172364.PDF?D=&O=PDF&iid=4057219&Y=&T=&fid=1001172364

    Quarterly Investor Update
    investorsDOTsprintDOTcom/Cache/1001172363.PDF?D=&O=PDF&iid=4057219&Y=&T=&fid=1001172363

    Financial & Operating Information
    investorsDOTsprintDOTcom/fileDOTaspx?iid=4057219&fid=1001172362

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