Sprint's Loss Widens
Sprint Nextel Corp. posted a wider third-quarter loss but added the most customers in four years as the carrier scrambles to capitalize on what’s left of its lead in fourth-generation wireless services.
The nation’s third-largest wireless carrier by customers, however, continued to lose its most lucrative contract subscribers, largely from the Nextel side of the business. In total, it added a net 644,000 new customers, the second-straight quarter of growth.