TOKYO -- U.S. mobile carrier Sprint seems to have vanquished its losing ways. The unit of Japan's SoftBank Group used to have the worst network quality among the U.S.'s four leading operators. Now it is on an earnings recovery.
Sprint on May 3 announced that its operating profit for fiscal 2016 grew under U.S. accounting standards. SoftBank Group Chairman and CEO Masayoshi Son, who pledged a revival, can now exhale.