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  • Sprint CEO reveals how some customers pay more for a phone than it cost originally

    Sprint CEO Marcelo Claure told an investor group earlier this month that payments from customers who keep leasing their phones become "all profit" once the cost of the device has been collected. It’s one reason Sprint can operate at a higher churn rate than its rivals.

Sprint CEO reveals how some customers pay more for a phone than it cost originally

Sprint CEO Marcelo Claure told an investor group earlier this month that payments from customers who keep leasing their phones become "all profit" once the cost of the device has been collected. It’s one reason Sprint can operate at a higher churn rate than its rivals.
Neil Nakahodo, Leah Becerra and Mark Davis The Kansas City Star