Sprint's Turnaround Gains Momentum, But It Isn't Out Of The Woods Yet

The carrier is executing well on its primary goal of stabilizing its subscriber base, as postpaid net losses and churn numbers improved significantly. However, the carrier isn't out of the woods just yet, in our view. Its ARPU and margins remain under pressure, on account of aggressive pricing plans and competition from larger and better-capitalized rivals. Moreover, its high debt load and weakening cash position continue to be a cause for concern, given that it is looking to invest further in b...