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Sprint PCS beats analyst expectations

KANSAS CITY, Mo.-Sprint PCS added more than 800,000 direct customers during the first quarter and about 50,000 resale customers to its subscriber base, ahead of analysts expectations of 750,000 new subscriber additions.

The carrier attributed the growth to both continuing strong gains in new acquisitions and improving customer retention, and said it expects to report a strong gain in earnings before interest, taxes, depreciation and amortization.

Sprint PCS will release its full first quarter earnings report on April 17.

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