Verizon and AT&T Leave Sprint Behind
There seems to be a new mobile phone hitting the streets every week these days and over in the US there seems to be two mobile companies that seem to be running full steam ahead while the other companies simply fall further back reports an article over on minyanville.
Sprint has announced they are to trim $350 million in costs by losing up to 2500 workers with the job losses set to begin by the end of the year across the company; however Sprint management say the reduction is due to improvements in customer satisfaction and thus reduces the need for customer service reps.
Moffet says that AT&T and Verizon are increasingly pulling away from the pack and the gap between the wireless have and wireless have-nots is widening while the stark difference between the haves and have-nots shows clearly in financial reports.
Sprint lost 936,000 prepaid and post-paid customers during Q3 resulting in their customer base now standing at 48 million customers. In contrast both AT&T and Verizon added to their customer base with AT&T expanding by 2 million totalling 81.6 million and Verizon added 1.2 million bringing their total to 89 million.