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Old 05-12-2008, 06:46 AM   #1
Ron
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NEWS: SPRINT posts the BAD forst quarter results.



While AT&T and Verizon battle as to who is gaining customers and
profitabilty faster; Sprint is going the other way.

Sprint-Nextel results for Jan 1 - March 31, 2008

Lost $505,000,000

Net loss 1,070,000 post paid customers

ARPU down 6%

Revenues down 9%

Churn increases to 2.45%

Losses despite "layoff"s of 4,000

Anyway you slice it - BAD NEWS


http://biz.yahoo.com/bw/080512/20080512005605.html?.v=1


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