On Jan 18, 6:10 pm, John Navas <spamfilt...@navasgroup.com> wrote:
> The serious woes of Sprint continue, just as I predicted...
>
> <http://www.theregister.co.uk/2008/01/18/sprint_job_cuts/>
>
> Workers tumble through gaping subscriptions hole
>
> US mobile phone provider Sprint Nextel said today it will slash
> around 4,000 jobs and close about eight per cent of its stores, in an
> attempt to claw back costs in the face of a haemorrhaging customer
> base.
>
> THE FIRM ADMITTED IN A STATEMENT THAT IT HAS BEEN HIT BY AN INABILITY
> TO ATTRACT NEW SUBSCRIBERS TO ITS SERVICE. [emphasis added]
>
> Sprint - which recorded a total subscriber base of 53.8 million at
> the end of 2007 - said in a statement that 125 stores and some 4,000
> retail outlets throughout the US would be closed, in a cost-cutting
> exercise that could save the struggling firm $700 to $800m by the end
> of the year.
>
> Sprint said 683,000 post-paid subscribers and 202,000 prepaid
> subscribers had done a runner in the last quarter (Q4) alone.

Runner as in ran away ??

>
> According to Reuters, the firm has been squeezed by bigger rivals
> such as AT&T. It has also been hindered by customer service and
> network problems, as well as feeling the pinch from the credit crunch
> crisis.
>
> The company said that it picked up 500,000 new subscribers through
> its wholesale channels in the last quarter, and recorded growth of
> 256,000 Boost Unlimited users and net additions of 20,000 subscribers
> in its affiliate channels.

New users subjected to the "Network Gremlins" message. This must be
the first thing they teach in 3rd world computer classes today,
instead of "Hello World\n"....printf ("Network Gremlins")

>
> Shares in Sprint have plummeted more than 25 per cent on Wall Street.
> The wireless telecom firm is due to deliver its Q4 results on 28
> February.

Who wants to hook into a network of hokey 2.5G technology with no path
for broadband video ??