Sprint reported their Q2 results today and beat analysts expectations when they revealed their first total net wireless subscriber growth in three years and its best postpaid churn result ever. For the quarter Sprint gained 111,000 subscribers, which is their first subscriber growth since 2007.
Android took central stage during the earnings call as Sprint CEO, Dan Hesse, praised the HTC EVO 4G. Hesse said, “So far, the HTC EVO 4G has exceeded our expectations, whether it’d be press or analyst reviews, sales demand or for its historic low return level. We wish we could get more devices and it’s an issue of HTC is working on.”
Dan Hesse admitted to being in constant contact with HTC CEO Peter Chou about the component shortages and said they were working on the issue, but the supply of handsets will still be constrained over the next couple of months.
Even though the EVO 4G launch helped Sprint pick up new customers, the carrier claims they could have still reported gains without the device. Sprint reports they have made foundational improvements across the board and that resulted in a better customer experience.
Sprint announced they have no plans to change their current data plans, but left the door open to future adjustments. When asked about tiered data plans Hesse responded, “With respect to tiering, right now, we have no plans go to tiered data pricing. That doesn’t mean we won’t.”
The mandatory $10 4G fee was also defended saying the “take rate is fantastic” and customers understood they were paying for a premium experience.
Next quarter look for Sprint to continue their momentum as they expand their 4G footprint and launch their second 4G handset, the Samsung Epic.