uploads///Telecom Sprint Q Wireless Service Revenue

Sprint’s Wireless Service Revenue Growth in Q4

By

Apr. 15 2019, Published 10:02 a.m. ET

Sprint’s wireless service revenues

In this part, we’ll discuss Sprint’s (S) wireless service revenue trend over the last few quarters. Service revenues are a stable revenue stream that’s common for mobile operators. For the fourth quarter of fiscal 2018, analysts expect Sprint’s wireless service revenues to fall ~3.1% YoY (year-over-year) to $5.4 billion.

Article continues below advertisement

In the third quarter of fiscal 2018, Sprint’s wireless service revenues fell ~3.0% YoY to $5.4 billion. However, excluding the impact of a new revenue recognition accounting standard, the telecom company’s wireless service revenues grew ~0.5% YoY to $5.6 billion in the third quarter of fiscal 2018. The increase was mainly driven by growth in the retail subscriber base.

Peer comparison

Analysts expect Verizon’s (VZ) wireless service revenues to rise ~3.1% YoY to $15.9 billion in the fourth quarter. T-Mobile’s (TMUS) wireless service revenues are expected to grow ~7.6% YoY to $8.4 billion. AT&T’s (T) combined domestic wireless operations service revenues are expected to increase ~3.8% YoY to $13.9 billion.

Advertisement

More From Market Realist