Reactions to story from Telecosm - Ike Elliott
Churn Week Continues: Sprint's Struggles
http://ikeelliott.typepad.com/ telecosm/ 2008/ 05/ churn-week-cont.html
Sprint Nextel announced their first quarter earnings yesterday, and it looks like their struggle to keep subscribers in their Nextel unit are getting worse. Yesterday's post focused on Vonage's atrocious 3.3% monthly churn, and today, we'll look at Sprint's 2.45% churn in post-paid wireless subsribers. Here is Sprint's pattern of post-paid subscriber losses since the beginning of 2007: 1Q07 2Q07 3Q07 4Q07 1Q08 Net change in Sprint post-paid subscribers (220,000) 16,000 (337,000) (683,000) (1,070,000) Sprint did say that they expect an improvement in churn in the 2nd quarter, but til now, churn has actually worsened.
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