Sprint 1Q loss smaller than anticipated; adds new customers

Earlier this year, Legere claimed that T-Mobile had already surpassed Sprint, but now the numbers back up the switch no matter how you look at them. However, Sprint shares are still down 12% year to date, versus a 54% increase for T-Mobile shares. "As a result of the added optimism, it boosted its adjusted EBITDA outlook for fiscal 2015 from "$6.5 to $6.9 billion to a range of $7.2 and $7.6 billion".

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