Sprint reports Record Loss of $29.5 Billion in Q4
Posted on Thu, 28 Feb 2008 08:57:25 CST | by Luigi Lugmayr
More Mobile Phones News
Sprint Nextel reported a record loss of $29.5 Billion. The company wrote off almost all of the Nextel acquisition cost from 2005. Shares of Sprint shares are currently down 11%.
Sprint already borrowed $2.5 billion to increase financial flexibility. On top of these financial issues the 3rd largest wireless carrier in the U.S. is losing subscribers.
More details in this Sprint press-release and on CNN Money.
Posted on Thu, 28 Feb 2008 08:57:25 CST | by Luigi Lugmayr
I4U Gadget Models
I4U News Product Reviews
All I4U News Categories
Hot Gadgets
- Nikon D700 available for Pre-Order
2008-07-04 07:54:20
- God of War Sony PSP is red hot
2008-07-04 00:36:40
- Redecorate with the cool Nintendo Wall Graphics
2008-07-02 03:40:12
- JVC NX-PN7 docks iPod and iPhone at the same Time
2008-06-26 00:49:02
- Sony HDR-CX12 unveiled
2008-06-19 00:03:44
- KumoTek KT-X Humanoid Robot Kit
2008-05-28 05:00:00
More Gadgets
Subscribe to I4U Gadget Flyer
Stay in touch with our weekly round-up of the Top 10 Technology stories with our free newsletter.

More stories