Comments on: Sprint Nextel posts profit drop, talks EV-DO Rev A http://www.blackberrycool.com/2006/08/03/sprint-nextel-posts-profit-drop-talks-ev-do-rev-a/ The voice of the BlackBerry community. Sat, 21 Nov 2009 03:42:37 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: thought http://www.blackberrycool.com/2006/08/03/sprint-nextel-posts-profit-drop-talks-ev-do-rev-a/comment-page-1/#comment-39163 thought Fri, 04 Aug 2006 04:11:44 +0000 http://www.blackberrycool.com/2006/08/03/002094/#comment-39163 Let's put it in even more stark terms: Sprint added only 210,000 postpaid customers this past quarter (and 498,000 prepaid, which are far lower profit). Verizon added 1.8 million, and Cingular added 1.5 million. So, even though Sprint is generally perceived as having lower prices for service, and it's easier to be approved for Sprint service, it's results are anemic compared to Verizon and Cingular. In fact, I'd say those results are pathetic. I mean, if you are the cheapest, and you still lose out by that wide of a margin, you must be really bad. It would be like WalMart getting beaten by Nordstroms on sales volume. It's interesting that the company executives and analysts have admitted that Sprint has a ways to go to turn things around. Let’s put it in even more stark terms:
Sprint added only 210,000 postpaid customers this past quarter (and 498,000 prepaid, which are far lower profit).

Verizon added 1.8 million, and Cingular added 1.5 million.

So, even though Sprint is generally perceived as having lower prices for service, and it’s easier to be approved for Sprint service, it’s results are anemic compared to Verizon and Cingular. In fact, I’d say those results are pathetic.

I mean, if you are the cheapest, and you still lose out by that wide of a margin, you must be really bad. It would be like WalMart getting beaten by Nordstroms on sales volume.

It’s interesting that the company executives and analysts have admitted that Sprint has a ways to go to turn things around.

]]> By: thought http://www.blackberrycool.com/2006/08/03/sprint-nextel-posts-profit-drop-talks-ev-do-rev-a/comment-page-1/#comment-39146 thought Fri, 04 Aug 2006 00:41:55 +0000 http://www.blackberrycool.com/2006/08/03/002094/#comment-39146 The bottom line: the reason for Sprint's poor results is their relatively poor network and customer service. When Sprint puts out a good product, customers will return. Until then, they'll have to struggle to survive, and try to feed off of lower revenue customers. That's one reason why most people know that if you are credit challenged, you stand a better chance of getting approved by Sprint. Someone I know at Verizon told me that with local number portability, the ratio of customers gained to customers lost relative to Sprint/Nextel is about 10 to 1. The bottom line: the reason for Sprint’s poor results is their relatively poor network and customer service.

When Sprint puts out a good product, customers will return. Until then, they’ll have to struggle to survive, and try to feed off of lower revenue customers. That’s one reason why most people know that if you are credit challenged, you stand a better chance of getting approved by Sprint.

Someone I know at Verizon told me that with local number portability, the ratio of customers gained to customers lost relative to Sprint/Nextel is about 10 to 1.

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