A fallen angel took flight as Sprint soared by 20% on Thursday after an interesting June quarter. The overall net subscriber loss number for postpaid subs was not that great at 240,000, but the 1.5 million iPhone customer adds was about 200,000 above expectations. Even more importantly, the key profitability gauge of EBITDA came in at $1.3 Billion — half a billion above what many expected. That combination is fascinating. AT&T and Verizon also had strong profit numbers, but that happened because they were a bit light on iPhone adds. Read the full story at Boy Genius Report.
About Shelly Palmer
Shelly Palmer is the Professor of Advanced Media in Residence at Syracuse University’s S.I. Newhouse School of Public Communications and CEO of The Palmer Group, a consulting practice that helps Fortune 500 companies with AI strategy, implementation and governance, as well as technology, media and marketing. Named one of LinkedIn’s Top Voices in Technology, he is a bestselling author, covers tech and business for Fox 5’s Good Day New York, is a regular commentator on CNN, and writes the popular daily business blog Think About This. Follow @shellypalmer or visit shellypalmer.com.