Though Sprint's (S +13%) Q2 report had its share of bad news, the carrier also raised its 2012...

|About: Sprint Corporation (S)|By:, SA News Editor

Though Sprint's (S +13%) Q2 report had its share of bad news, the carrier also raised its 2012 EBITDA guidance to $4.5B-$4.6B from a prior $3.7B-$3.9B, and that's being well-received by investors on edge about Sprint's cash flow. Also, Sprint's iPhone sales were flat Q/Q (Verizon and AT&T posted sizable drops), Sprint platform postpaid net adds were up 68% Q/Q to 442K, and postpaid churn fell to 1.69% from a prior 2%. Sprint's efforts to promote unlimited data might finally be bearing fruit. CLWR +13.3%.