What are the key drivers of the company's performance?
Key Driver 1: Postpaid wireless revenues
Postpaid wireless revenues (which include phone and other device customers who pay bills monthly) have remained range-bound, coming in at between $4.2 to $4.3 billion in recent quarters, as postpaid phone losses (162k for FY'18) were partly offset by gains in other devices. We expect postpaid wireless revenues to decline to $4.2 billion in Q1 FY'19.
Postpaid Wireless Revenue
Key Driver 2: Prepaid revenues
Sprint's prepaid wireless revenues have been trending steadily lower, due to subscriber attrition (214k losses in FY'18)We expect the trend to continue into Q1.
Key Driver 3: Equipment sales and rentals
Equipment sales have increased from around $2.4 billion in Q1 to about $2.8 billion in Q4 FY'18, driven by new handset launches and promos. We expect the metric to remain flat in Q1 FY'19.
Equipment sales and rentals