Meanwhile, SoftBank's efforts over the past few years to whip Sprint's finances into shape via deep cost cuts and investment in its wireless and sales networks are finally paying off. Sprint reported a $206 million net profit for the April-June quarter Tuesday, marking its first quarter in the black in three years.
Sprint added 88,000 net postpaid (contract) subscribers in the first quarter, compared to net additions totaling 173,000 in the prior year quarter.
Rumors continue to swirl about potential deals with everyone from wireless rival T-Mobile to cable provider Charter Communications. The company has been exploring deal options with T-Mobile US Inc but faces the hurdle of reaching an agreement on price as well as getting the deal approved by regulators.
Subscribers:Sprint enjoyed its eighth consecutive quarter of postpaid phone net additions, and its total net additions of 61,000 included postpaid net losses of 39,000, prepaid net additions of 35,000, and wholesale and affiliate net adds of 65,000.
Sprint CEO Marcelo Claure said that the profit was "an important milestone" for the carrier on its way to transform its cost structure. The company lost 8 cents per share in the comparable quarter of the prior year, when it did $8.01 billion worth of business.
Potential M&A: Claure was understandably coy about which company-or companies-Sprint might be most likely to partner with, saying multiple times that the carrier has "plenty of options". The wireless communications company posted diluted earnings per share (EPS) of $0.05, compared with a net loss a year ago of $0.08 per share.
That puzzled Claure, who said repeatedly that Sprint hadn't been offered to Charter.
Read between the lines of Sprint Corp.'s quarterly results statement, and it says, "Please buy us". "Hopefully, after a two-month hiatus during which Sprint has been in discussions with cable, the two sides can settle differences and secure the deal that would clearly bring the most value to both companies", analyst Jonathan Chaplin of New Street Research noted on Tuesday.
Shares rose 10.5 percent to $8.82 in morning trading. Sprint owes billions in debt that will come due over the next several years, which will severely limit its ability to leverage its valuable pile of 2.5 GHz spectrum.
He said he was surprised Charter said it was not interested in acquiring Sprint given Sprint was never offered for Charter to buy.
In a sign of the importance Israel places on its ties with Jordan , the Israeli government moved quickly to restore calm. The security guard shot dead the Jordanian attacker, while a second Jordanian there at the time was also killed.
In a statement, Priebus said it had been one of the great honours of his life to serve Trump and the country. Trump also thanked Priebus for his service. " We accomplished a lot together and I am proud of him! ".
The start of the week on Monday will continue to remain mostly sunny with low humidity, but temperatures will heat up. Our best chance for storms will Thursday through Saturday as cold front will slow down and stall to our west.
The unprecedented ruling transferred legislative powers to the Supreme Court, which is comprised of judges nominated by Maduro. Most of the dead in anti-government protests that began in early April have been young men killed by gunfire.
Card said the snake , which the woman said was around five feet in length, was biting the woman's nose and just wouldn't let go. A firefighter had to cut the snake's head with a pocket knife in order to release the woman from its grasp.
The bank said second-quarter net profit jumped by more than half to $3.87 billion as revenues grew faster than expenses. Reported pre-tax profit for the six months to June rose 5% to $10.2bn compared with $9.7bn for the same period in 2016.
Michy Batshuayi thought he had leveled matters for Chelsea in the 88th minute, but the striker's effort was flagged offside. Inter had taken a two-goal lead and looked comfortable after strikes by Steven Jovetic and Ivan Perisic.
In recent days he was listed as a substitute with the local professional tennis club, the San Diego Aviators. Philippoussis was arrested Tuesday at his home in San Diego and authorities searched the premises.
Chancellor, Seahawks agree to $36M contract extension
The guaranteed money ranks seventh for the position, and $2.75 million less than what was guaranteed to teammate Earl Thomas . I can't really put a time frame on how long I want to play. "As long as the wheels let me", Chancellor said.
Lavrov says Moscow had to react to U.S. sanctions
Sanctions relief is important to Russia's broader objective of superpower status, shown by its bullish Syria policy. The administration officials and advisers demanded anonymity to discuss the private sanctions deliberations.
Trump sacks Reince Priebus as White House chief of staff
In a statement, Priebus said, "It has been one of the greatest honors of my life to serve this President and our country". JUDY WOODRUFF: Well, it is - as you and I were just saying, it's one more tumultuous day in what's been nonstop tumult.