Sprint CEO Hints at Price Hikes Ahead of iPhone 7

An anonymous reader shares a CNET report: If you’re considering jumping ship to Sprint to take advantage of its “half-off” promotion, don’t dawdle. The promotion, which promises to cut your existing rate plan at a competing carrier in half, has been a hit with consumers. The nation’s fourth-largest wireless carrier said it added 173,000 post-paid customers, or folks who pay at the end of each month, in its fiscal first quarter that ended June 30. That figure marks a reversal from a loss of 12,000 customers a year ago. But the half-off promotion isn’t sticking around forever, according to Sprint CEO Marcelo Claure, who hinted at price increases later this summer. “You can expect us to come up with a new set of rate plans before the next iPhone,” Claure said Monday on a call with journalists. New iPhone typically arrive in mid-September.


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