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Losses Widen at Sprint

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Losses Widen at Sprint
AIRED:
Sprint's loss widened as more customers fled its mobile network. The third largest U.S. carrier lost much more money in the second quarter than expected: $1.6 billion due to the costs of shutting down its Nextel push-to-talk network that it had acquired. And it shed more than 1 million customers at a time when Verizon added 941,000 and AT&T gained 550,000. Sprint has been trying to stem customer defections from its Nextel brand and have them shift over to Sprint.moreless
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