There is more doom and gloom for Sprint. Sprint has just unveiled its financial results for the first quarter of 2008. the American wireless carrier, currently no. 3 on the U.S. market, has lost 1.09 million subscribers in the last quarter with net revenue taking a 9% dip, dropping down to $9.3 billion from the same period last year. It seems that , Sprint’s Simply Everything plan has not managed to turn Sprint’s fortunes around. This comes in the wake of Qwest’s announcement that they are dropping Sprint as their network provider in favor of Verizon.
Thankfully for Sprint, they still have 52.8 million subscribers, which still lets it hold on to third place ahead of T-Mobile USA’s 30 million customers. Sadly for Sprint though AT&T and Verizon Wireless opened up the gap to first and second place by increasing their subscriber base to 71 million and 67 million subscribers, respectively.
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