Network loses most customers since Nextel merger
(NEWSER) - Sprint Nextel subscribers jumped ship this quarter, taking the stumbling wireless giant’s profits with them. Profit fell 77% this quarter, Bloomberg reports, as 337,000 contract customers departed, the biggest exodus since the Nextel merger. The company said it would miss its 10% growth goal next year. “Their whole strategy is in disarray,” said one analyst, calling the outlook “pretty dismal.” More»