The curious case of the industry’s 2M postpaid customer additions in Q4

“The industry added too many subs this quarter,” wrote the analysts at New Street Research in a note to investors following the release of Sprint’s quarterly results. “The carriers have reported 2MM postpaid phone adds, compared to an estimate of 1.5MM. Fourth quarter adds have been in the range of 1.5MM for the past several years. Where are they coming from?”
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