Sprint (S) Reports Lower iPhone Activations in Q3 (AAPL)

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Sprint Nextel (S) Post Net Income of $383M

October 30, 2013 7:06 AM EDT

Sprint Nextel (NYSE: S) reported Q3 quarterly net income of $383 million, operating loss was $398 million, and Adjusted EBITDA of $1.34 billion. Revenue for the quarter came in at $8.68 billion versus the consensus estimate of $8.69 billion.

"During the third quarter Sprint platform postpaid... More