Sprint makes financial reverse one-and-a-half-somersault pike in continuing nose-dive

Comments

sprint-dive.jpg Sprint’s ongoing craptacular financial progress continues with a $211 million net loss in the first quarter of 2007. They added a scant 600,000 subscribers, versus Verizon’s 1.7 million and AT&T’s 1.2 million, which counts for even less given the 220,000 post-paid subscriber loss. Despite this, Sprint’s sticking to their guns and claiming between $41 and $42 billion in revenue for 2007. Three quarters to go, Sprint, better get crackin’.