Sprint: Tourniquet, Please…

Discussing the latest in Sprint Nextel’s sad little parade of earnings announcements with analysts this morning, CEO Dan Hesse said the company has “yet to turn the corner” on the road to recovery. Looking over the company’s financials today, I’d say the corner to which he refers isn’t even in sight yet. If anything, Sprint appears to be heading down one of those bleak midwestern straightaways–in this case, jammed with the traffic of its fleeing subscribers.