The company's second-quarter results "underline how badly Sprint needs a merger with T-Mobile.”
“What’s making investors nervous is that there are signs of a slowdown in the second-quarter subscriber growth,” an analyst says.
With Netflix hiking prices for the first time since 2015, the addition of 5.3 million subscribers in Q3 is "an encouraging sign for investors."
The company has agreed to acquire Livestream and launched Vimeo Live to offer live streaming tools directly through its platform.
New seasons of such shows as “Orange is the New Black” and “House of Cards” helped boost subscriber growth in a historically weak quarter.
The video streaming service added nearly 3.6 million subscribers, far exceeding its own forecast and making up for sluggish Q2 growth.
