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Sprint turns 3Q profit

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Overland Park, Kan.-based Sprint Corp. (NYSE:S) recorded its first quarterly profit in six years, according to a Kansas City Business Journal report.

Profit for the quarter ending Sept. 30 was $383 million, which is up from a loss of $767 million in the same quarter last year. Net operating revenue was down by less than 1 percent to $8.68 billion.

The announcement came a day after the company expanded its 4G LTE network to 45 new cities.

Read more from the Kansas City Business Journal

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