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Shares of Sprint, the No. 4 carrier with over 54 million total customers, were up 1.66 percent at $6.14 in morning trading. Sprint lost a net 26,000 so-called “postpaid” phone subscribers who pay a recurring bill during the third quarter ended Dec. 31, fewer than the 32,000 subscriber losses analysts had expected, according to research firm FactSet. Total net operating revenue rose 4.4 percent to $8.60 billion, beating forecasts by analysts who had expected revenue of $8.43 billion. The company has focused on promoting data plans for devices like tablets and smartwatches, which helps customers stick with the carrier longer if they have more devices on the network sterling silver cufflinks for sale.
Sprint reported a net loss of $141 million, or 3 cents per share, in the quarter, compared with a net income of $7.16 billion, or $1.76 per share, a year earlier, when the company benefited from a change in U.S. tax laws. Analysts were expecting the company to report a loss of 2 cents per share, according to IBES data from Refinitiv. In July, Sprint revamped its unlimited wireless plans to include more perks at higher prices, in order to make more money from customers on the plans sterling silver cufflinks for sale. But the company warned churn, or the rate of customer defections, could rise in the near-term due to the higher prices. Churn for the third quarter increased to 1.84 percent, up from 1.71 percent last year..
BRUSSELS/PRAGUE (Reuters) – The United States wants to steer people away from Huawei towards Western products because of its concerns over the security of the Chinese company’s technology, the U.S. envoy to the European Union said on Thursday sterling silver cufflinks for sale. Huawei faces international scrutiny over its ties with the Chinese government and allegations that Beijing could use Huawei’s technology for spying, which the company denies. However, Gordon Sondland said that there was classified evidence on security breaches by the Chinese firm, saying he had raised the U.S. concerns with EU officials..
“The U.S. is very supportive of the discouraging the purchase of any Chinese digital products that involve potential national security implications and steering people away from Huawei into Western products is our desired outcome,” Sondland told Reuters before an event in Brussels sterling silver cufflinks for sale. Huawei is the world’s largest supplier of telecommunications network equipment and second-biggest maker of smartphones. It derives nearly half of its total revenue outside China and its global reach has come under attack from the United States, which is trying to prevent U.S. companies from buying Huawei equipment and is pressing allies to do the same..
U.S. security experts are worried the gear could be used by China for espionage, a concern Huawei says is unfounded. Asked about security issues with Huawei’s products, Sondland said: “There is a lot of evidence, most of it classified.”. Responding to Sondland’s comments, a spokesman for Huawei said it had a proven reputation on cyber security and does not buy all of its materials from China. “Only one third of materials used to make Huawei products are sourced in China,” the spokesman said in an email sterling silver cufflinks for sale.