Sprint Corp. may be teetering on the brink of losing its spot as the third-largest U.S. wireless carrier to fast-growing rival T-Mobile US Inc.
Fewer than 1 million subscribers separated No. 3 Sprint (55.93 million subscribers) and No. 4 T-Mobile (55.02 million) when the two last reported quarterly customer numbers in late December. Analysts seem to agree that T-Mobile has added more subscribers than Overland Park, Kan.-based Sprint since the last check-in, fueling speculation that T-Mobile will move ahead of Sprint when new numbers are reported later this month.
Sprint executive Jaime Jones called the ranking “immaterial” to the company’s turnaround plans in its first year under CEO Marcelo Claure. But T-Mobile chief executive John Legere has repeatedly mentioned T-Mobile surpassing Sprint in public remarks over the last several months.