While Sprint reported growth in postpaid net additions during the second quarter of 2019, the carrier lost 91,000 of its most lucrative phone connections in the latest quarter and also lost more than 450,000 connections through its wholesale and affiliate program. Further, Sprint experienced a net loss of $274 million, negatively impacted by the estimated reimbursements to federal and state governments.
In September, the Federal Communications Commission said that it discovered that Sprint improperly collected “tens of millions” of dollars in federal subsidies for 885,000 Lifeline subscribers that weren’t using the service and referred the issue to its enforcement unit.
