SprintNextel's latest quarterly results were disappointing. Their earnings were lower on higher integration costs and their subscriber numbers looked weak compared to the competition.
Sprint said it added 1.3 million customers in the quarter, compared with average analysts’ estimates of about 1.4 million, according to five analysts contacted by Reuters. And this was considerable below Cingular Wireless addition of 1.7M customers.
And even their industry leading average revenues per customer (ARPU) slipped.
SprintNextel had better look out, for keeping up with Cingular and Verizon will get harder and harder and Deutsche Telekom continues to pour money into T-Mobile.
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