Monday, October 8, 2007

Sprint Loses CEO; 337,000 Subs


Sprint Nextel says it expects to report a net loss of approximately 337,000 post-paid subscribers in the third quarter, and also announced the resignation of CEO Gary Forsee. Perhaps the company has spent too much time on the WiMAX network is hasn't yet built, and too little time stemming serious subscriber losses in the voice and third generation business it does have.

No comments:

If You Haven't Given Up on Investing in AI

Wedbush analysts pick 30 public firms they believe will " define the future of the AI theme over the coming years." Analysts led ...