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How Many Prepaid Net Additions Does Sprint Expect in 3Q17?

Andrew Smith
How Many Prepaid Net Additions Does Sprint Expect in 3Q17?

It will be interesting to see how many prepaid customer net additions Sprint is able to get in fiscal 3Q17 given the intense competition from T-Mobile (TMUS) and AT&T (T) and increased efforts from Verizon (VZ) in the prepaid segment. In fiscal 2Q17, Sprint gained 95,000 net prepaid customers as compared to 449,000 losses in fiscal 2Q16. Additionally, Sprint has an agreement with Apple (AAPL) to sell used or refurbished devices under the Virgin brand.