Sprint invested some $5 billion into its network in fiscal year 2018, according to company executives, which marks a significant increase over 2016 and 2017 capex of $2 billion and $3.3 billion respectively. But, despite network improvements, the carrier continues to lose money posting a full-year net loss of $1.9 billion.
Sprint is seeking regulatory approval for a $26 billion merger with T-Mobile US, which both carriers have characterized as key to creating a strong competitor to Verizon and AT&T, as well as integral to the country’s 5G deployment ambitions.
