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Sprint CEO Dan Hesse Tries to Put Positive Spin on Subscriber Losses
In a speech in California after the release of Sprint’s third quarter financials Sprint CEO Dan Hesse explained mobile carrier’s net loss of 400,000 subscribers by claiming that it is moving subscribers off its Nextel network, but moving the majority of them onto Sprint’s.
Dan Hesse said here Oct. 25 that the reason the wireless carrier reported a net loss of subscribers in the third quarter is that it is moving subscribers off the soon-to-be-shutdown Nextel network, but it is successfully moving many of them to Sprint’s.
Hesse sought to provide context to news of the net loss of subscribers Sprint reported in the third quarter of 2012 in an address at the Sprint Open Solutions Conference at the San Jose Convention Center. Earlier in the day, at 5 a.m. PT, Hesse joined the conference call on which the company's results were released.
The Nextel network—which Sprint acquired, along with other Nextel assets, in a $35 billion merger of the two companies in 2005—is going to be shut down by 2014, and the spectrum will be used for other telecommunications services, Hesse explained.
Read more at :
http://www.eweek.com/mobile/sprint-ceo-dan-hesse-tries-to-put-positive-spin-on-subscriber-losses/[As of two months ago, after being an 8 year customer, I was one of those 400,000 customers who left Sprint. The call service was very good but their customer service lacked alot to be desired in recent years.
And, I found practically the same plan I had with Sprint at another company for half the cost.
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