Sprint reported a continued improvement in profits for the second quarter, while slowing the loss of mobile customers, reported Telecompaper.com on July 30, 2014. The US operator posted a net profit of $23 million, compared to a loss of over $1.7 billion a year ago, and adjusted EBITDA improved to $1.83 billion from $1.40 billion. Mobile revenues showed a small increase to $8.19 billion, helped by nearly 5 million smartphones sold. This offset a drop in service revenues and the shutdown of the Nextel platform.

Sprint lost a net 334,000 customers in the quarter, down from over 2 million in the same period last year. This included a loss of 181,000 postpaid and 542,000 prepaid customers under the Sprint brand, which the company attributed to service disruptions related to its network upgrade program and timing in the start of the new Lifeline program. Wholesale customers grew by 504,000 in the three months, and various acquired operations, mainly US Cellular activities, lost a net 114,000 customers.