Sprint is hemorrhaging customers and money- Palm is scared stiff

cimg1132The economy has hit U.S. wireless carriers hard and Sprint maybe hardest of all.  They released their financial information this week and it’s looking bleak for the carrier.  There is no way to put a positive spin on losing over $1 billion and 1.3 million customers.  This could spell the beginning of the end for Sprint as a wireless carrier.

Sprint’s negative outlook must be making Palm shake in its boots, probably more than anyone.  Palm has hitched their last wagon, the Palm Pre smartphone, to the Sprint network in the U.S.  They cannot be feeling good at all to be tied to Sprint for a year, given Sprint’s financial picture.  It’s going to be hard for Sprint to attract customers to jump ship from other carriers to their leaking network.  Palm must surely realize that and I suspect many late-night board meetings are discussing it.

bill_coins_184955The Palm Pre has captured the attention of a lot of folks, Kevin especially, and the beleaguered company certainly doesn’t need the sinking of Sprint piled on its back.  Let’s hope Palm didn’t hitch that wagon to a lame horse.

loading

Comments have been disabled for this post