UBS Media Week: Sprint Survival Plan May Include Draconian-Like Cuts


Sprint (NYSE: S) Nextel’s CFO Bob Brust confirmed today that the company is gearing up to make company-wide cuts to bring expenses in line with revenues as the struggling carrier continues to lose millions of subscribers every year. Brust was careful not to be specific, but it sounds extensive: “The philosophy has to be that a company never went out of business because it took too many costs out. A company goes out of business because you didn



Appreciate the comments from the CFO. It helps to understand the mindset the company is in.

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