Sprint Nextel continues to bleed customers
May 12, 2008
Sprint Nextel subscribers continue to jump ship, as the company's sales decline and losses widen. Investors have been pushing the company to sell assets and focus on its core cell phone business and has already dumped its WiMAX effort. — Focus on core phone business, though? That is exactly what caused them to get into this situation. A phone is a phone and Sprint is smaller. They must do something different, else they will disappear.