. Sprint on Wednesday reported its results for the fourth quarter of 2011. The nation's No.3 carrier sold 1.8 million iPhones, 40% of which were sold to new subscribers, and it managed 1.6 million total net subscriber additions in the quarter - its best performance in terms of customer acquisition since 2005. Sprint still posted a net loss of $1.3 billion in the quarter, however, or a diluted loss of $.43 per share. The carrier saw net operating losses increase to $438 million from $139 million in the same quarter a year earlier, and Sprint now has a total of 55 million subscribers including 33 million post-paid customers.
Boy Genius Report, Sprint posts $1.3 billion net loss in Q4; 1.8M iPhones sold, 1.6M net subscribers added
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