4 ms·

Awful decision. It won't cut consumer costs. Not even Bork would approve.

• Aloha 7y ago
  Considering I think the choice is Sprint going out of business, they are at risk of ceasing to be a 'going concern'.
  • howard941 7y ago
    What happened?? In 2018 they were near $2 EPS
    • stonogo 7y ago
      They forgot how to make money. 2018 was an exception because they profited from a massive tax cut. They went right back to losing money.
    • adventured 7y ago
      Sprint didn't actually earn $7.38 billion in net income from operations in 2018 (their operating income was $2.46 billion that year, their debt interest cost alone was $2.36 billion). They got a one-time tax benefit in that fiscal year, for $7.1 billion, due to the tax law changes. Their business is a disaster because of the debt. ~$9.5 billion in debt interest costs in the last four years.