Sprint (S +0.7%) CEO Dan Hesse defends his firm's all-in iPhone bet, noting that the ends...

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

Sprint (S +0.7%) CEO Dan Hesse defends his firm's all-in iPhone bet, noting that the ends justify the means (subsidies). He highlights - not for the first time - that iPhone customers have a lower churn rate churn and use less data than high-end 4G Android users device making them "more profitable" than average smartphone customers.