Sprint's return to its growth trajectory
First written in FY2016. 5 of 17 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2021-Q1.
No other company in this theme has enough history to compare yet.
- FY2021-Q1DroppedAnnual report
「As a result, from that date Sprint ceased to be a subsidiary of the Company, and T-Mobile became an equity-method affiliate of the Company.」
The previous objective of returning Sprint to a growth trajectory was removed from the Company's stated business objectives following the completion of the merger with T-Mobile, as Sprint ceased to be a subsidiary of the Company. - FY2020-Q3WorsenedAnnual report
「The decline in segment profit was attributable to the recording of ¥41,525 million (US$381 million) in amortization expense, following accelerated amortization of the trademark rights related to the Virgin Mobile prepaid brand after the decision in the third quarter under review to discontinue its services, as well as a decline in prepaid revenue.」
Sprint's nine-month cumulative segment profit was ¥137,808 million, down 46.0% year on year. The decline in prepaid revenue and accelerated amortization of the Virgin Mobile trademark rights weighed on the return to a growth trajectory. - FY2020-Q2WorsenedAnnual report
「Revenue 16,558 15,937 △621 △3.8% Segment profit 1,756 939 △817 △46.5%」
Sprint's US-dollar revenue decreased 3.8% year on year, while segment profit decreased 46.5%, indicating continued deterioration in profitability with respect to the return to a growth trajectory. - FY2020-Q1WorsenedAnnual report
「Revenue was broadly flat year on year, while segment profit declined.」
Sprint's US-dollar revenue increased just 0.2% year on year, while segment profit declined 36.1%. Profitability deteriorated with respect to the return to a growth trajectory. - FY2019WorsenedAnnual report
「The net decline in postpaid mobile subscribers was attributable mainly to a decrease in new customer acquisitions as a result of reduced discounts from July 2018 compared with previous practice, as well as an increase in churn among customers whose campaign pricing had expired.」
For the full year, postpaid mobile subscribers decreased by 215,000 from the end of the previous period, and the fourth-quarter churn rate also worsened to 1.82%. The deterioration in customer metrics continued with respect to the return to a growth trajectory. - FY2019-Q3WorsenedAnnual report
「The net decline in postpaid mobile subscribers was attributable mainly to a decrease in new customer acquisitions as a result of reduced discounts from July 2018 compared with previous practice, as well as an increase in churn among customers whose campaign pricing had expired.」
Postpaid mobile subscribers declined by 26,000 on a net basis in the third quarter under review, while the churn rate worsened by 0.13 percentage points year on year to 1.84%. Customer metrics in the mobile business deteriorated with respect to the return to a growth trajectory. - FY2019-Q2Mobile subscribers declined and churn worsenedAnnual report
「Postpaid mobile churn rate 1.59% 1.73% Worsened by 0.14 percentage points」
Postpaid mobile subscribers declined by 34,000 on a net basis in the second quarter under review, and the churn rate worsened to 1.73%. Postpaid subscribers overall increased by 177,000 on a net basis, indicating weakness in the composition of growth. - FY2019-Q1Subscribers increased, but churn and free cash flow worsenedAnnual report
「Net additions of postpaid mobile subscribers were flat year on year.」
Postpaid mobile subscribers increased by 87,000 on a net basis, but this was flat year on year, while the churn rate worsened by 0.05 percentage points to 1.55%. The return to a growth trajectory continued to be constrained in momentum despite continued subscriber growth. - FY2018Full-year net additions continued, but fourth-quarter churn worsenedAnnual report
「Postpaid mobile subscribers increased by 55,000 on a net basis, as customer acquisitions rose following the implementation of various sales initiatives, although churn also increased.」
For the full year, postpaid subscribers increased by 543,000, while the fourth-quarter postpaid mobile churn rate worsened by 0.10 percentage points year on year to 1.68%. - FY2018-Q3Net additions continued, but churn worsenedAnnual report
「Postpaid mobile subscribers increased by 184,000 on a net basis, mainly because churn increased.」
Postpaid mobile subscribers continued to increase on a net basis, but net additions were limited to 184,000, and the churn rate worsened by 0.14 percentage points year on year to 1.71%. - FY2018-Q2Net additions continued, but churn worsenedAnnual report
「Postpaid mobile subscribers increased by 279,000 on a net basis, as customer acquisitions rose steadily following the implementation of various sales initiatives, including unlimited data plans. However, churn also increased.」
Postpaid mobile subscribers increased by 279,000 on a net basis through sales initiatives, while churn also increased and the postpaid mobile churn rate worsened to 1.59%. - FY2018-Q1AdvancedAnnual report
「Postpaid mobile subscribers increased by 88,000 on a net basis, as customer acquisitions rose following the implementation of various sales initiatives, including unlimited data plans. However, churn also increased amid intensifying competition.」
Postpaid mobile subscribers increased by 88,000 on a net basis through sales initiatives, while revenue increased 1.8% year on year on a US-dollar basis. Postpaid subscribers overall decreased by 39,000 on a net basis due to a net decline in tablet subscribers. - FY2017AdvancedAnnual report
「As the subscriber base for postpaid mobile services, its largest source of revenue, increased on a net basis for the second consecutive period, revenue on a US-dollar basis exceeded that of the previous period.」
Postpaid mobile subscribers increased on a net basis for the second consecutive period, and US-dollar revenue increased to US$33,347 million. This indicated progress toward returning to a growth trajectory. - FY2017-Q3AdvancedAnnual report
「During the nine-month period under review, postpaid mobile subscribers increased on a net basis as a result of higher customer acquisitions driven by the introduction of attractive pricing plans and effective advertising campaigns, as well as an improved churn rate following network improvements.」
Postpaid mobile subscribers increased on a net basis through pricing plans, advertising and network improvements. Excluding special factors, postpaid subscribers increased by 929,000 from the end of the previous period. - FY2017-Q2AdvancedAnnual report
「The net increase in those subscriptions in the second quarter was 5 times the level in the same quarter of the previous year.」
Sprint's postpaid net additions were five times those in the same quarter of the previous year, indicating measurable progress toward returning to a growth trajectory. - FY2017-Q1SoftenedAnnual report
「Sprint aims to return to a growth trajectory by expanding revenue, while pursuing large-scale cost reductions and improving liquidity on hand. To initially maintain current revenue levels, it is working to expand postpaid wireless subscriptions, its largest source of revenue, by advancing network improvements.」
The long-term goal of returning to a growth trajectory remains unchanged, but the language regarding revenue has shifted from reversing the decline to initially maintaining current levels. Meanwhile, postpaid subscriptions continue to increase on a net basis. - FY2016First statedAnnual report
「Sprint aims to return to a growth trajectory by reversing the continuing decline in revenue, while pursuing large-scale cost reductions and improving liquidity on hand.」
Business improvement objectives combining revenue growth, cost reductions and liquidity improvements.