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Sprint Nextel Reports First Quarter 2009 Results

Discussion in 'Sprint Forum' started by JFB, May 5, 2009.

  1. JFB

    JFB Gold Senior Member
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    Sprint Nextel Corporation - Investor Relations - News Release

    Excerpt from the wireless section:


    More data in the full press release.
     
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  2. Yankees368

    Yankees368 Compulsive Signal Checker
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    Not too shabby!
     
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  3. larry

    larry Sprint loyalist and former mod
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    Yeah they are turning the tide now and I knew it would just be a matter of time before they would. There's really no reason for people to keep leaving considering Sprint offers a great product for the money. In time more and more people are going to finally realize that.
     
  4. Matt

    Matt Twin girls!
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    While they did have a successful prepaid quarter, I would disagree that they are turning the tide. According to a chart in the Wall Street Journal, their postpaid contract losses were the highest in at least the last 5 quarters (across all of their offerings, both Sprint and Nextel).
     
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  5. Yankees368

    Yankees368 Compulsive Signal Checker
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    Agreed. The only thing saving the company in 1Q was boost, and those people could all leave tomorrow. These numbers also include things like amazon kindle, as well. These numbers may be very deceiving.
     
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  6. Kalimotxo

    Kalimotxo Bronze Senior Member
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    I'm not too sure what to make of these numbers.

    Boost has helped slow the bleeding... but will it heal the wound?

    Hang in there Sprint. You are by far my favorite carrier.
     
  7. Kalimotxo

    Kalimotxo Bronze Senior Member
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    While I'm with you Larry... I have to disagree on one thing. There is one great reason to leave Sprint: iDen.
     
  8. AnthroMatt

    AnthroMatt Big Meanie
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    I agree. I didn't look at these numbers and think the news was good. Through all the losses over the past 1 year+, Sprint had been adding CDMA postpaid users while shedding iDEN users. Now they have lost CDMA and iDEN postpaid users in the same quarter, and if not for Boost's "gimmicky" plan, their numbers would have been much worse.

    I am glad the Boost thing has been such a success, but I am worried when a company has to pin their good news on their prepaid subscriber base.
     
  9. AnthroMatt

    AnthroMatt Big Meanie
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    What, you mean you don't enjoy calling all your friends on their Kindles and using your M2M minutes?? :p
     
  10. Yankees368

    Yankees368 Compulsive Signal Checker
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    lol, exactly. There is no way a kindle user can earn sprint some extra $, by downloading useless ringtones or whatever.
     
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