Sprint says to be cash-flow positive next year, shares soar

Sprint Corp reported better-than-expected first-quarter revenue as big discounts attracted more postpaid subscribers, and the No. 4 U.S. wireless carrier said it expected to be cash flow positive next fiscal year after breaking even this year. Some analysts and investors had raised questions about Sprint's financial position after majority owner SoftBank Corp agreed earlier this month to buy UK chipmaker ARM Holdings Plc for $32 billion. Sprint had negative cash flow of $3.17 billion in the fina