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Sprint to halve bills for those who switch from rival networks

2015-11-18 22:18:40| Telecom - Topix.net

Customers who switch to Sprint Corp from Verizon, AT&T and T-Mobile will have to pay only half of what they pay for their existing plans, the No.4 U.S. carrier said in a bid to lure users to its network ahead of the holiday season. Shares of the company, which is in the middle of a turnaround plan and has vowed to cut over $2 billion in costs by the end of 2016, were down about 8.4 percent in afternoon trading.

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