results

Sprint sees $874m quarterly operating loss

US operator Sprint has posted an operating loss of $874m for the quarter ended June 30, 2013. The figure takes into account non-cash charges of $623m related to the shutdown of the Nextel iDEN platform. Accelerated depreciation of assets also accounted for approximately $430m of the loss.

MetroPCS Q1 results beat analyst expectations

Things are looking up for MetroPCS as it continues to roll out its LTE network. The operator, which was the first US network to launch LTE, has announced record first quarter results of US$285m, an increase of approximately 28 per cent over first quarter of 2010.

Polls

With Amazon and Google launching smart home initiatives, have the telcos missed out on their chance to cash in on this market?

  • Yes, Google and Amazon will now dominate this space (65%, 40 Votes)
  • Consumers won't have made up their mind (19%, 12 Votes)
  • No, Google and Amazon will not be able to replace the telcos in the mind of the consumer (16%, 10 Votes)

Total Voters: 62

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