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Sprint Nextel (NYSE: S) Earnings Q2 2010

View S Q2 Earnings Report

Highlights:

  • Grew total wireless subscribers by 111,000 with best ever postpaid churn
  • Delivered positive net postpaid subscriber growth on the CDMA network and for the Sprint brand; best ever year-over-year improvement in net postpaid subscriber results
  • Achieved tenth consecutive quarter of improvement in Customer Care Satisfaction and First Call Resolution; recognized by American Customer Satisfaction Index as most improved company in customer satisfaction, across all industries, in the last two years
  • Generated consolidated Adjusted OIBDA* of $1.5 billion in the quarter; maintained strong liquidity with a cash and cash equivalents balance of $4.3 billion after retiring all 2010 note maturities; year-to-date Free Cash Flow* of $1.2 billion

Key statistics for S from Yahoo! Finance

Sprint Nextel's website

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