Rochester,NY 7/30/2009 12:52:39 AM
Sprint Nextel Corp., S - Sprint Losing it's Customers Continuously
Sprint Nextel Corp.
Sprint Nextel Corp. couldn't lucrative customers from deserting to rivals in the second quarter even the launch of the highly anticipated Palm.
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With the subscribers who are willing to sign annual contracts, wireless carrier continues to struggle. It lost nearly one million in the period, and more than seven million in the past two years.
Slightly offsetting the heavy losses were gains at the low end: Sprint's Boost Mobile prepaid service added 938,000 new customers in the quarter. On Tuesday, Sprint expanded its presence in the low-end market with the acquisition.
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