Despite the introduction of the iPhone on Verizon, Sprint Nextel managed to hold its own and actually improved in almost every way, adding 1.1 million net wireless subscribers, reducing its churn to record levels and improving average revenue per user. Read More »
Tech
Merrill Lynch analysts suggest that because of a strong euro and looming price wars, Deutsche Telekom might make a bid for beleaguered Sprint and add it to its T-Mobile USA unit. In theory it may seems like a wonderful idea. In reality, if this… Read More »
If you thought eBay taking a hefty writedown for its mistake — I mean Skype was shocking — then Sprint’s Nextel deal writedown is going to leave you awed. Sprint Nextel reported a $29.5 billion loss, scratched its dividend and lost 683,000 customers. The company wrote… Read More »
