OVERLAND PARK, Kansas ( TheStreet) -- Sprint ( S), the No. 3 telco, posted a third-quarter loss of $301 million, or 10 cents a share, narrower than a year earlier as revenue rose 2% to $8.33 billion.

Analysts surveyed by Thomson Reuters expect Sprint to report a loss of 22 cents a share on revenue of $8.38 billion. The company posted a year-earlier loss of $911 million, or 30 cents a share.

Sprint, in a press release Wednesday, said it had its "best total company wireless net subscriber additions in more than five years." Sprint added almost 1.3 million total net wireless subscribers in the quarter.

Sprint noted the growth doesn't include sales of Apple's iPhone 4S which launched Oct. 14.

Sprint said the "iPhone is expected to be accretive for Sprint, and iPhone users are expected to be among Sprint's most profitable customers."

Sprint said it expects to add net postpaid subscribers for 2011 from 2010 and improve total net wireless subscriber additions this year.

-- Written by Joseph Woelfel

>To contact the writer of this article, click here: Joseph Woelfel

>To submit a news tip, send an email to: tips@thestreet.com.

If you liked this article you might like

Verizon and Yahoo! Sports Bring Super Bowl LII to the Small Screen

Verizon and Yahoo! Sports Bring Super Bowl LII to the Small Screen

These Stocks Are Showing Resiliency Amid the Market Selloff

These Stocks Are Showing Resiliency Amid the Market Selloff

Stocks Slide and Amazon's Profit Soars - 5 Things You Must Know

Stocks Slide and Amazon's Profit Soars - 5 Things You Must Know

5 High-Growth Tech Stocks for 2018

5 High-Growth Tech Stocks for 2018

Goldman Exec Swindled out of $1.2 Million in Vintage Wine: LIVE MARKETS BLOG

Goldman Exec Swindled out of $1.2 Million in Vintage Wine: LIVE MARKETS BLOG