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Sprint to Cut 5,000 Jobs; Stock Plunges »

Posted by: takeitorleaveit 2 years, 11 months ago

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RESTON, Va. (AP) -- Sprint Nextel Corp. reported Monday that its cell phone business suffered a net loss of 300,000 monthly subscribers in the fourth quarter and that the struggling wireless company will cut 5,000 jobs. The company's stock plunged more than 8 percent after the financial update, which included a 2007 outlook shy of many Wall Street

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takeitorleaveit

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Comments: 7

Avg rating: (+21/-0 21)
Ousama
Jan. 8, 2007, 10:24 p.m.
They need to really speed up the WiMax Deployment, and should consider using Sim Card based cell phones. I heard a recent talk by a VP and he felt they knew what a customer wants so they limit the choices of what types of phones. I guess 300k leaving is a clear indicator that they know what they are doing.
Avg rating: (+2/-0 2)
Jaydub6669
Jan. 9, 2007, 4:20 p.m.
Worst wireless customer service ever!!!!!! I manage a business that uses sprint and nextel and I cant tell you how many hours I've spent on the phone with thier customer "don't give a" care, and not gotten a thing accomplished! It's horrible!
Avg rating: (+0/-0 0)
Eagle_Eye
Jan. 9, 2007, 6:19 p.m.
Fire them!!! I did...
Avg rating: (+2/-0 2)
krayzdrayzor
Jan. 9, 2007, 6:53 p.m.
Ca...u...he...ow...I SAI...n...yo...reme...n?
Avg rating: (+4/-0 4)
Tigra
Jan. 9, 2007, 7:21 p.m.
Well, I have Verizon, but for my friends that have Sprint & Nextel, they all agree- reception and service sucks!!!
Avg rating: (+3/-0 3)
rob31112
Jan. 9, 2007, 7:57 p.m.
i cant imagine sprint losing so many customers. considering they owe me 154.00 and have given me three diffrent answers to when it was mailed. it got so bad i had to contact the bbb and they still have not gotten back to them on an answer. and i still have not recieved the money owed to me. you get people that you cant under stand. they lie. and then tell you something diffrent on the next phone call. i have spoken with a total of 25 people in a 15 day period and each one of them had a diffrent answer. HEY SPRINT WHERE IS MY MONEY?
Avg rating: (+27/-0 27)
brettodactyl
Jan. 9, 2007, 8:05 p.m.
I use Sprint and have always found their service to be excellent. I've never had a problem with them.