Today’s Daily Angle comes from Wikinvest Wire member Rob Powell of TelecomRamblings.com. You can read the full article on Rob’s blog.

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On the wireless side, the company added 348,000 pre-paid customers plus another 155,000 wholesale and affiliate customers, while losing 578,000 post-paid customers. That’s a net loss of just 75K, which may be a far cry from the increases being put up by AT&T and Verizon but is an improvement nonetheless. Sprint forecasts that both post paid and total subscriber losses will be better in 2010 than 2009, which isn’t quite as good as saying subscribers will actually start rising again – but investors will take what they can get.

The company’s wireline business continued on the same trajectory it has been on. Revenues declined by the usual 2.1% sequentially to $1.297B. EBITDA rose sequentially to $279M for the quarter, returning EBITDA margins to just under 22%. Capex was just $56M, or just 4.3% of revenues, as the company continues to manage this segment forcash flow rather than expansion.

What exactly the company will do with its wireline business remains an open question. They aren’t investing capex in it, and we know they considered various strategic alternatives last summer when the credit markets were uncooperative. Now that CenturyTel and Qwest are getting hitched, the field of potential suitors/partners has narrowed. It’s probably just a matter of time before another Level 3 joint venture rumor hits the streets IMHO.