Sprint loses fewer subscribers than expected on cheaper phone plans

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Sprint loses fewer subscribers than expected on cheaper phone plans
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Sprint Corp said on Monday it lost fewer mobile monthly post-paid phone subscrib...

FILE PHOTO: A Sprint sign is seen on top of a Sprint retail store in Manhattan, New York, U.S., September 22, 2017. REUTERS/Amr Alfiky

The company said it lost 115,000 postpaid phone subscribers during the quarter ended Dec 31. Analysts were expecting a net loss of 160,000 subscribers, according to research firm FactSet. T-Mobile and Sprint have said the merger will not lead to higher prices for consumers and would allow it to compete effectively with dominant carriers Verizon Communications Inc <VZ.N and AT&T Inc.

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