Sprint Corp. lost 115,000 postpaid phone connections in the final three months of 2019, as the company pulled back on promotions and the company’s merger with larger rival T-Mobile US Inc. remained unresolved. 4 U.S. wireless carrier by subscribers lost 91,000 such connections the prior quarter and lost 26,000 during the same period a year earlier. Such customers are considered lucrative because they typically pay their bills regularly under longer-term contracts and are less likely to switch carriers.

Source: Wall Street Journal January 27, 2020 15:46 UTC