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  1. #1
    Jonathan
    Guest
    and at a cost of $300 Million SprintPCS admits ot can't fix its billing
    System.

    "Sprint also announced that it expects to record an asset impairment
    charge in the fourth quarter as a result of the company's decision to
    revise its strategy for PCS billing platform development. "

    SprintPCS has scrapped a project to build an in-house billing system and
    is taking a $300 million Tax write off on the project. Instead of
    developing a billing system with Amdocs Ltd. Sprint said it would extend
    and expand a contract with Convergys Corp. which was expected to be
    phased out. That Amdocs project was also supposed to be part of
    integrating SprintPCS wireline back into Sprint next year.
    It will make it easier to sell off SprintPCS if they keep the billing
    separate. SprintPCS further said "it is still likely to combine its
    wireless and its wireline tracking stocks, but not before Feb. 4", a lot
    weaker statement than previous. Again leading one to think Wireless
    might be sold off.

    Sprint now says it will report a loss greater than the 43 cents a share
    for its PCS group for the year. Last quarter it lost 7 cents.

    Sprint further is backing off the spin some SprintPCS employees
    previously were giving about gaining customers from WLNP, now saying
    that its about equal.

    ===========================================================

    Go to http://finance.yahoo.com/q?s=pcs and read through todays news
    stories you want to read about this bad news. The above was taken from
    many of those stories. I have no financial stake in SprintPCS.

    ========================



    See More: SprintPCS throws in towel on Billing System




  2. #2
    Isaiah Beard
    Guest

    Re: SprintPCS throws in towel on Billing System

    Jonathan wrote:


    > Go to http://finance.yahoo.com/q?s=pcs and read through todays news
    > stories you want to read about this bad news. The above was taken from
    > many of those stories. I have no financial stake in SprintPCS.



    No Phillipe, but you have a highly irrational, emotional stake in PCS
    for some reason.

    Thanks for posting the link though. Without your spin, anyone can
    clearly see that results will still fall on the favorable end of
    Sprint's earlier estimates, and the real loser in the deal is Amdocs,
    whose stock is plunging because they lost the deal.


    --
    E-mail fudged to thwart spammers.
    Transpose the c's and a's in my e-mail address to reply.




  3. #3
    Jonathan
    Guest

    Re: SprintPCS throws in towel on Billing System

    In article <[email protected]>,
    Isaiah Beard <[email protected]> wrote:

    > Thanks for posting the link though. Without your spin, anyone can
    > clearly see that results will still fall on the favorable end of
    > Sprint's earlier estimates,


    Favorable end of losing over 43 cents a share? How is that good?

    And how come the idiot that cost SprintPCS $300 million on a failed
    billing program upgrade hasn't been fired yet.



  4. #4
    Scott Stephenson
    Guest

    Re: SprintPCS throws in towel on Billing System


    "Jonathan, the cowardly Village Idiot" <[email protected]> wrote in message
    news:[email protected]
    > In article <[email protected]>,
    > Isaiah Beard <[email protected]> wrote:
    >
    > > Thanks for posting the link though. Without your spin, anyone can
    > > clearly see that results will still fall on the favorable end of
    > > Sprint's earlier estimates,

    >
    > Favorable end of losing over 43 cents a share? How is that good?
    >
    > And how come the idiot that cost SprintPCS $300 million on a failed
    > billing program upgrade hasn't been fired yet.


    It wasn't an upgrade- they were exploring a whole new system. That costs
    money. You aren't very smart, are you?





  5. #5
    Isaiah Beard
    Guest

    Re: SprintPCS throws in towel on Billing System

    Jonathan wrote:

    > In article <[email protected]>,
    > Isaiah Beard <[email protected]> wrote:
    >
    >
    >>Thanks for posting the link though. Without your spin, anyone can
    >>clearly see that results will still fall on the favorable end of
    >>Sprint's earlier estimates,

    >
    >
    > Favorable end of losing over 43 cents a share? How is that good?



    Since you clearly don't have either the steady income (being unemployed)
    or intelligence (being a troll) to invest money, I won't bother to
    dignify dignify this with a response. I will however, point out that
    you've bashed Sprint PCS for having a 2.7 percent churn rate a year ago,
    then moved over to ATTWS, which currently has a churn rate of... what
    luck... 2.7 percent for the most recent quarter.


    > And how come the idiot that cost SprintPCS $300 million on a failed
    > billing program upgrade hasn't been fired yet.


    I imagine it's the same reason that ATTWS hasn't fired the idiots who
    had the company pick Neustar and Siebel for the WLNP and GSM billing
    software, respectively.


    --
    E-mail fudged to thwart spammers.
    Transpose the c's and a's in my e-mail address to reply.




  6. #6
    Carlos Z.
    Guest

    Re: SprintPCS throws in towel on Billing System

    In article <[email protected]>,
    Isaiah Beard <[email protected]> wrote:

    > 2.7 percent for the most recent quarter.


    Except thats a per month rate, reported quarterly equals 33 percent per
    year.

    Thats why SprintPCS is losing money.

    Meanwhile its reported there may be a slight decrease in loses this
    quarter. Know why? Cause SprintPCS is adding fewer new customers, and
    when it subsidizes new customers at $340 per, it saves money by not
    adding customers.



  7. #7
    Todd Allcock
    Guest

    Re: SprintPCS throws in towel on Billing System

    "Carlos Z." <[email protected]> wrote in message news:<[email protected]>...
    > In article <[email protected]>,
    > Isaiah Beard <[email protected]> wrote:
    >
    > > 2.7 percent for the most recent quarter.

    >
    > Except thats a per month rate, reported quarterly equals 33 percent per
    > year.


    Just like AT&T's, "Carlos".

    > Thats why SprintPCS is losing money.


    Wow, imagine the odds of first-time poster "Carlos" coming to the
    defense of the recent NG member "Johnathan"...

    How many ID's for Phillipe is that now? Has he hit 50 yet?



  8. #8
    Bob Smith
    Guest

    Re: SprintPCS throws in towel on Billing System


    "Todd Allcock" <[email protected]> wrote in message
    news:[email protected]
    > "Carlos Z." <[email protected]> wrote in message

    news:<[email protected]>...
    > > In article <[email protected]>,
    > > Isaiah Beard <[email protected]> wrote:
    > >
    > > > 2.7 percent for the most recent quarter.

    > >
    > > Except thats a per month rate, reported quarterly equals 33 percent per
    > > year.

    >
    > Just like AT&T's, "Carlos".
    >
    > > Thats why SprintPCS is losing money.

    >
    > Wow, imagine the odds of first-time poster "Carlos" coming to the
    > defense of the recent NG member "Johnathan"...
    >
    > How many ID's for Phillipe is that now? Has he hit 50 yet?


    Nope, I had 48s ID listed for him, but just removed one of them from the
    list, so he's up to 47 now ...

    Bob





  9. #9
    Isaiah Beard
    Guest

    Re: SprintPCS throws in towel on Billing System

    Carlos Z. wrote:


    >>2.7 percent for the most recent quarter.

    >
    >
    > Except thats a per month rate, reported quarterly equals 33 percent per
    > year.


    Proving once again, Phillipe, that you STILL can't do math, AND you
    can't read. I said it was AT&T WIRELESS that reported the 2.7% churn
    rate, Phillipe. So by your math (which fortunately for AT&T, is
    flawed), your new wireless carrier would be the one with the 33% per
    year churn rate.

    > Thats why SprintPCS is losing money.


    How does AT&T Wireless' churn rate affect Sprint PCS' performance?


    --
    E-mail fudged to thwart spammers.
    Transpose the c's and a's in my e-mail address to reply.




  10. #10
    Thomas T. Veldhouse
    Guest

    Re: SprintPCS throws in towel on Billing System

    Carlos Z. wrote:
    > In article <[email protected]>,
    > Isaiah Beard <[email protected]> wrote:
    >
    >> 2.7 percent for the most recent quarter.

    >
    > Except thats a per month rate, reported quarterly equals 33 percent
    > per year.
    >
    > Thats why SprintPCS is losing money.
    >
    > Meanwhile its reported there may be a slight decrease in loses this
    > quarter. Know why? Cause SprintPCS is adding fewer new customers, and
    > when it subsidizes new customers at $340 per, it saves money by not
    > adding customers.


    Oh nice, another uninformed Phillip alias!

    Tom Veldhouse





  11. #11
    Scott Stephenson
    Guest

    Re: SprintPCS throws in towel on Billing System


    "Carlos Z., the idiot offspring of the Taco Bell Dog" <[email protected]> wrote in
    message news:[email protected]
    > In article <[email protected]>,
    > Isaiah Beard <[email protected]> wrote:
    >
    > > 2.7 percent for the most recent quarter.

    >
    > Except thats a per month rate, reported quarterly equals 33 percent per
    > year.
    >
    > Thats why SprintPCS is losing money.


    Sprint's losing money because ATT has 2.7% churn? They must have added a
    new chapter to the Troll Economics book.

    >
    > Meanwhile its reported there may be a slight decrease in loses this
    > quarter. Know why? Cause SprintPCS is adding fewer new customers, and
    > when it subsidizes new customers at $340 per, it saves money by not
    > adding customers.


    Wrong- the $340 you mention is a Customer Acquisition Cost, not a Subsidy
    cost. This figure takes all expenses related to getting a customer on board
    into consideration- Advertising, Sales, Activations and phone subsidies, to
    name a few. Please learn to use the proper terms.





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