Monday, August 3, 2009

Sprint loses $384m, 257k subscribers in first quarter of Pre availability


The Pre might have slowed the drain at Sprint but it hasnt managed to turn things around completely -- Americas number three carrier posted a second-quarter loss of $384m as it lost another 257,000 subscribers. That just continues Sprints trend of bleeding customers to the competition, and we doubt this balance sheet will turn around anytime soon -- not only will next quarter reflect the $483m purchase of Virgin Mobile USA, its pretty clear that Verizon will get the Pre and AT&T will carry another webOS handset, leaving Mr. Hesse and crew without their shiny halo device to lure new subs to the fold. Well see what Sprint does to turn this all around -- did someone say they need a Hero?