Sprint posts $1.6 billion Q4 loss
1. oversteer325 (Posts: 1; Member since: 19 Feb 2009)
Not bad considering a year ago that loss was $29 billion. Getting close to turning the corner.
2. killingthemonk (Posts: 52; Member since: 19 Feb 2009)
Maybe they only had 1.6b to lose this quarter.
3. insider80 (Posts: 93; Member since: 26 Jan 2009)
i agree sprint is deff gonna be turning the corner this year and i think with the clear merger, 4g release and flagship phones they will atleast be taking that number 2 spot back.
4. geewhiz (Posts: 1; Member since: 21 Feb 2009)
uh...when was Sprint EVER the number 2 carrier? that spot has flip-flopped between PacBell/Cingular/AT&T and Verizon for ages now. To get to the number 2 spot for the first time ever, they would need to add over 20 million subscribers...that would take 3-4 VERY good years (unless they use what's left of their cash and buy someone?)
5. insider80 (Posts: 93; Member since: 26 Jan 2009)
sorry we werent talking number of subscribers
6. WKlingbeil (Posts: 215; Member since: 26 Dec 2008)
Sprint would do well to return to profitability just to be bought out. Their plans are too cheap to ever turn out a great profit, and much like Alltel, they lose more money than they bring in, which is clearly a big problem. Alltel had to sell because of this, and if an international carrier would be interested in purchasing a legal percentage stake, Sprint would probably accept. I would say they would be bought by a U.S. carrier, but T-Mobile couldn't feasibly do it (merging CDMA w/ GSM would be a nightmare, unless it would be under LTE), AT&T is too big, and has the same T-Mobile issue, and VZW couldn't possibly want Sprint, nor would they legally be allowed to buy them out. I personally cheer for Sprint though, and hope for their well-being, and also hope they return their call centers to the U.S., and operate 100%, much as the majority of the cellular carriers. Hopefully Sprint will get it together though.
7. DonLouie (Posts: 594; Member since: 22 Dec 2008)
If Sprint's plans are too cheap, look at what T mo is doing it's even cheaper than Sprint's. I don't think that cost effective argument holds weight