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by Jason Giacchino on November 6, 2009

According to the release, Sprint lost $478 million in the quarter, compared to a $326 million loss in the same period of 2008.
They also lost 545,000 subscribers, including 801,000 postpaid customers (who sign an annual contract). This coming at a time when AT&T customers report the highest customer dissatisfaction in the company's history and Verizon Wireless' announcement that will double its early termination fee for smartphones from $175 to $350.
Sprint hasn't remained idle in their efforts to battle back and have initiated a customer loyalty program, nearly doubled its portfolio of high-end smartphones (including Palm's Pre), and undercut competitors on price by offering unlimited mobile-to-mobile calling.
Permalink: Sprint Reports Losses Despite Improvements
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