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Customers still leaving Nextel increasing losses

It has been reported that Sprint Nextel is still losing those all important customers.

Losses for Sprint have continued and have now widened to $478 million or 17 cents a share, during the last quarter. From a loss a year earlier of $326 million or 11 cents a share. The results were actually slightly worse than what was expected by analysts.

Slightly more alarming for them is the fact that Sprint competitors AT&T and also Verizon Wireless have added 2 million and 1.2 million customers respectively. Source- news.cnet.com