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More Than 900,000 Subs Kiss Sprint Goodbye

Those Sprint Nextel (S) wireless subscribers are dropping like proverbial flies.

The Kansas City-based provider shooed away another 901,000 customers during the second quarter of 2008. Losses totaled $344 million, despite the nifty new ads spoofing a horror flick – clearly an appeal to the younger demographic – and the much-publicized “Simply Everything” plan. Nobody expects a quick turnaround for the struggling carrier, but dang. Wonder if Dan Hesse should start pulling out that golden parachute?

Sources

Network World: Sprint sheds 901,000 more wireless customers

NYT: Sprint Nextel Reports a Loss as Revenue Falls


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