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