sprint lost 1.3 millie again
Sprint Nextel said Thursday that it lost 1.3 million subscribers in the final three months of 2008.
This marks an 8 percent decline from the 53.8 million total subscribers Sprint had at the end of 2007. Notably, it also dropped Sprint below the 50 million mark!!!
$1.6 billion loss
I'll give my take on all this later.
This marks an 8 percent decline from the 53.8 million total subscribers Sprint had at the end of 2007. Notably, it also dropped Sprint below the 50 million mark!!!
$1.6 billion loss
I'll give my take on all this later.
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🤨 something must be good out of that report, my stock just rose $.52 a share... 👀
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Yup something must be good about it. Stock shares are now up $0.76 a share or 28%!
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umm because the analysis were expecting an even bigger loss, if you want to jump up and down over a few nickels be my guess! 🤣
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Cellenator said:
umm because the analysis were expecting an even bigger loss, if you want to jump up and down over a few nickels be my guess! 🤣
I jump up and down about the 20 bucks I save every month not paying for Big Red's overpriced plans myself.
🙂
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verizon isnt doing to hot right now either with all the pending lawsuits they are about to have over firing all the employees that worked at the circuit cities...
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🤣
you can't put a lawsuit on someone for being fired when there location closed.
Verizon had nothing to do with the closing of Circuit City.
and not all of them were laid off.
And the ones who were, where were they suppose to put them if the stores and call centers were full??
use your brain if you have one.
you can't put a lawsuit on someone for being fired when there location closed.
Verizon had nothing to do with the closing of Circuit City.
and not all of them were laid off.
And the ones who were, where were they suppose to put them if the stores and call centers were full??
use your brain if you have one.
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i am, 3 of my friends have already filed lawsuits for discrimination, verizon has already lost lawsuits for doing this before
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I know several people from CC that sold for Verizon, and they were relocated. Maybe they just fired the unmotivated, unwilling to move, or the ones that weren't good sellers?
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i am jumping up and down 😁 , when you have a few hundred shares those nickels add up! 😛
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Cellenator, why don't you just give Dan a chance to change the company around? We all knew this was going to happen. I figure sprint will bottom out around 48 million subs. Don't forget that new Boost $50 plan. If that doesn't add to the subs I really don't know what will.
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hes only gonna say that he is just posting news, now bolding certain words are his way of really driving home the point...
p.s. hey cellenator, would you mine looking at this? (turns around) i seem to have a large knife sticking outta my back, would you mind putting a lil pressure on it and just driving it home buddy? thanks that would be ggggrrrrrreeeeeeaaaaaaaaaaaatttt!! LOL
p.s. hey cellenator, would you mine looking at this? (turns around) i seem to have a large knife sticking outta my back, would you mind putting a lil pressure on it and just driving it home buddy? thanks that would be ggggrrrrrreeeeeeaaaaaaaaaaaatttt!! LOL
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And why don't you post the whole report and a link to it so people can read it and take it as they see rather than just your take on it.
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Here are the Wireless Results portion from the full report that can be found here.
http://newsreleases.sprint.com/phoenix.zhtml?c=12714 ... »
Wireless Results
• The company served 49.3 million customers at the end of 2008, compared to 53.8 million at the end of 2007. The credit quality of our customer base improved every quarter in 2008, and prime customers represent almost 84% of the post-paid base, compared to 79% a year ago.
• For the quarter, total wireless customers declined by a net 1.3 million, including losses of 1.1 million post-paid customers and 314,000 prepaid users, which was slightly offset by a 146,000 increase in the number of wholesale and affiliate subscr...
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http://newsreleases.sprint.com/phoenix.zhtml?c=12714 ... »
Wireless Results
• The company served 49.3 million customers at the end of 2008, compared to 53.8 million at the end of 2007. The credit quality of our customer base improved every quarter in 2008, and prime customers represent almost 84% of the post-paid base, compared to 79% a year ago.
• For the quarter, total wireless customers declined by a net 1.3 million, including losses of 1.1 million post-paid customers and 314,000 prepaid users, which was slightly offset by a 146,000 increase in the number of wholesale and affiliate subscr...
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Dependable?
3G Roaming is not Dependable.
haha 🤣
When Verizon cuts the EVDO Roaming from Sprint, that will go away.
The only service yall Roam off of is Alltel, and when that EVDO contract is up, you got it, back to 1X.
3G Roaming is not Dependable.
haha 🤣
When Verizon cuts the EVDO Roaming from Sprint, that will go away.
The only service yall Roam off of is Alltel, and when that EVDO contract is up, you got it, back to 1X.
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Because thats what cellenator does. He takes parts of articles that while technically true, are part of a much bigger story. Then uses those slanted facts to further his slanted opinion.
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You should, because you Roam off us most of the time you leave your service area.
🤣
Yall will be saying that when Sprint is gone.
And don't forget, Verizon has the best Call Quality.
I didnt see Sprint on that. 🤣
🤣
Yall will be saying that when Sprint is gone.
And don't forget, Verizon has the best Call Quality.
I didnt see Sprint on that. 🤣
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tylerrocks09 said:
You should, because you Roam off us most of the time you leave your service area.
🤣
Yall will be saying that when Sprint is gone.
And don't forget, Verizon has the best Call Quality.
I didnt see Sprint on that. 🤣
Verizon MAY have superior call quality in the few areas they offer PCS service. Where they offer cellular, it's not even close! Cellular service is an older technology that is incapable of having even comparable, much less better, call quality.
As for roaming, I'll enjoy being able to roam more on Sprint. While many see that as a downside, I see it as an upside. In other words, you roam more on Sprint, but you CAN roam more on Sprint. The best roam ...
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As for roaming, I'll enjoy being able to roam more on Sprint. While many see that as a downside, I see it as an upside. In other words, you roam more on Sprint, but you CAN roam more on Sprint. The best roaming agreements and voice coverage in America!
That whole part confused me... alot.
That whole part confused me... alot.
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haha, Boost Unlimited Plan?
Didnt your read this?
http://www.boygeniusreport.com/2009/02/17/boost-mobi ... »
So much for that.
Didnt your read this?
http://www.boygeniusreport.com/2009/02/17/boost-mobi ... »
So much for that.
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tylerrocks09 said:
haha, Boost Unlimited Plan?
Didnt your read this?
http://www.boygeniusreport.com/2009/02/17/boost-mobi ... »
So much for that.
Obviously, you didn't read any of the responses below the article- particularly, the ones that point out how ALL wireless carriers place exception clauses in unlimited plans to protect themselves from abuse.
Verizon also has an "unreasonable usage" clause attached to their unlimited plans contained in the fine print.
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Today we announced fourth-quarter results consistent with the outlook we provided for the quarter. Throughout 2008, we continued to make progress on our top three priorities, and we have established an improved operational foundation for 2009, but we have yet to turn the corner and we are far from satisfied.
With the current economic environment, it is essential we maintain a solid cash position. In the fourth quarter, we generated free cash flow in excess of $500 million, retired $1 billion in debt and ended the quarter with $3.7 billion of cash in the bank. With aggressive cost action and careful management of our cash position, we can meet all debt obligations through the end of 2010.
Also in the fourth quarter, our trend of post-pa...
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With the current economic environment, it is essential we maintain a solid cash position. In the fourth quarter, we generated free cash flow in excess of $500 million, retired $1 billion in debt and ended the quarter with $3.7 billion of cash in the bank. With aggressive cost action and careful management of our cash position, we can meet all debt obligations through the end of 2010.
Also in the fourth quarter, our trend of post-pa...
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The company served 49.3 million customers at the end of 2008, compared to 53.8 million at the end of 2007. The credit quality of our customer base improved every quarter in 2008, and prime customers represent almost 84% of the post-paid base, compared to 79% a year ago
translation: we lost a lot of business in the subprime market but gained in the prime market.
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Bad debt expense was at its lowest level since the Sprint Nextel merger in 2005 due to the continued increase in the credit quality of our subscribers and improved collection efforts
translation: because the dead beats are going somewhere else we have a more reliable source of money coming in
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Forecast
Sprint Nextel expects that both post-paid and total ...
(continues)
translation: we lost a lot of business in the subprime market but gained in the prime market.
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Bad debt expense was at its lowest level since the Sprint Nextel merger in 2005 due to the continued increase in the credit quality of our subscribers and improved collection efforts
translation: because the dead beats are going somewhere else we have a more reliable source of money coming in
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Forecast
Sprint Nextel expects that both post-paid and total ...
(continues)
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Nope you're wrong.
4th quarter is in - and they lost another 1.3 million!!!!!
They said BEFORE the 4th quarter of 2008 was going to MARK the "turnaround" ? Apparently, nobody in Sprint's management understood that in order to mark a turnaround, they had to begin stemming the losses 🙄
4th quarter is in - and they lost another 1.3 million!!!!!
They said BEFORE the 4th quarter of 2008 was going to MARK the "turnaround" ? Apparently, nobody in Sprint's management understood that in order to mark a turnaround, they had to begin stemming the losses 🙄
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actually he stated in 3rd quarter report to expect similar losses and we did from sept to dec. now we are in feb (2 months after) and forward looking statement says to expect that number to decrease did you actually read it or did you just see what you wanted?
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Cellenator said:
butt hurt about reading news? 😕 😁 🤣
lol, wow
Yeah, we are all hurt by saving $720 a year over the other guys.
🤣 🤣 🤣 🤣 🤣
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ickmule said:
Cellenator = TOOL
Sorry, I call them as I see them.
It's ok. You just confirm what the rest of the planet has known for awhile now.
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Dude you must be bipolar or something because ..... 1st of all your for sprint sometimes and then the next minute your bashing it .... I think you got the more problems in your head than sprint has overall 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 😈
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Sprint, the third-largest wireless operator in the U.S., said it lost about 1.3 million subscribers during the fourth quarter. It now has about 49.3 million subscribers. The majority of the losses came from the highly coveted contract-customers, of which Sprint lost about 1.1 million.
Sprint's continued customer loss comes as bigger rivals AT&T and Verizon Wireless add customers. AT&T reported last month that it added 2.1 million subscribers during the fourth quarter, while Verizon Wireless added 1.4 million.
For more of CNet's article, go here: http://news.cnet.com/8301-1035_3-10167421-94. html
Sprint's continued customer loss comes as bigger rivals AT&T and Verizon Wireless add customers. AT&T reported last month that it added 2.1 million subscribers during the fourth quarter, while Verizon Wireless added 1.4 million.
For more of CNet's article, go here: http://news.cnet.com/8301-1035_3-10167421-94. html
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Cellenator you need to find somethin else to do besides posting negative bullshit about Sprint. We are in a damn recession and wishing for Sprint to be gone is ****ed up. There have already been many layoffs by a lot of corporations. Why would you wish that on somebody? 😡
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Where did he say he wished sprint was gone? I think you forgot to take you meds today 🙂
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🤣 yeah these people just get hysterical over nothing, cellenator is just sitting back laughing at all you stupid emotional ppl getting all pissed that sprint lost more customers. yup sprint is still sucking ass nothing new here, moving on.
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ArmySF said:
🤣 yeah these people just get hysterical over nothing, cellenator is just sitting back laughing at all you stupid emotional ppl getting all pissed that sprint lost more customers. yup sprint is still sucking ass nothing new here, moving on.
Yeah, too bad folks here aren't mellowed out like they are in the Verizon forum, where nobody ever replies harshly to negative posters, like AvgJoe. 🙄
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Is that you can ever do to try to validate pathetic behavior, you sound a women when doing that! But you do it! Haha and try to keep up avgjoe has been dead for six months! 🤣 Oh wait let me give you an eye roll that really drives home my disdain 🙄 LOL
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ArmySF said:
Is that you can ever do to try to validate pathetic behavior, you sound a women when doing that! But you do it! Haha and try to keep up avgjoe has been dead for six months! 🤣 Oh wait let me give you an eye roll that really drives home my disdain 🙄 LOL
Looks to me like he's still alive and trolling!
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jrfdsf said: I know my stance is weak so I always try to drive my pointless point across by posting in bold. 😁
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No one is getting "hysterical" and whats stupid is grown folks posting unnecessary bullshit so move around with your lame ass.
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Well if you read the replies someone made a comment about wishing Sprint was gone...I don't care who said it. People should think before they type. Anyone who can get on the this website EVERYDAY and post bullshit has too much time on their hands.
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Thanks for the news Cellenator, let the girls cry all they want. SPrint sucks! 🤣
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ArmySF said:
Thanks for the news Cellenator, let the trolls cry all they want that Sprint sucks! 😢
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jrfdsf said: Two wrongs make a right in my world, I preach but do the opposite. Please forgive me I suck 🤣 🤣
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Wow, you really got me with that one, hot rod. Maybe you should audition for America's Got Talent? 😎
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Cellenator has said:...
How many Nextel subs are left?
by Cellenator Nov 10, 2008, 11:18 PM
I've used the i580 in the field for two years straight! I know it's the best G-- d--- Nextel phone ever built! You can have my Nextel phone when you pry it out of my cold dead hands!
Nothing new for Verizon and it's getting old !
by Cellenator Mar 20, 2006, 2:18 PM
the battery issue is really blow out of proportion, and since I have no roaming plan and can force my a900 onto verizon anytime I want I dont see how. verizon is a good company i just enjoy sprint more
Sprint or Verizon??
by Cellenator Jan 28, 2009, 12:36 AM
wrong just because you say so doesn't make it so. There is a recent study showin
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😉 I Love you too buddy. I'm a frightened that you love to hang on my every post, but I guess it's the ultimate sign of flattery 🤤 X 👀 🤣
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Oh that's bad news. I guess noone has anything to say in defense to sprint's poor performance?
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You can't blaim all the loss because people want toys. Unless you are trying to say that everyone who left sprint and nextel picked up an iphone.
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Lol what can you say? Oh I know. At least it isn’t worse than some financial companies out there.
Maybe Sprint will have to borrow money from the TARP?
Maybe Sprint will have to borrow money from the TARP?
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maybe they will hire another CEO for 40 million a year and hopes he figures it out! 🤣
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Cellenator said:
maybe they will hire another CEO for 40 million a year and hopes he figures it out! 🤣
Or, maybe they could do like Verizon, and put up coverage maps that are completely false- showing native coverage where they have none.
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LOL Yes they should follow Verizon's lead if that will staunch the bleeding. I want them to do whatever it takes to turn this thing around. We do not need to lose another wireless provider.
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They have probably already lost 2 million customers just this month alone! 🤣 🤣
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if you think taking a company that was bleeding subscribers and turning it around doesn't take time, you're an idiot. if you think a company can't improve it's financial position while losing subscribers (especially bad subscribers), you're an idiot. if you think *1.3 million* is the whole story, you're an idiot.
no one has anything to say? no, they're tired of bantering with an idiot.
ps why do you care so much?
no one has anything to say? no, they're tired of bantering with an idiot.
ps why do you care so much?
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I care because I believe all Sprint needs to do is shed its reputation...and IDEN. I think most can agree that the Nextel purchase was a bad idea. Now that Sprint has used the 2.5 spectrum it gained from the merger to launch Wi-Max, I think it is time to dump what remains of Nextel and go in another direction. Maybe the Southern Company could be persuaded to take IDEN off Sprint's hands? They could change the name to National Linc Wireless or maybe keep the Nextel name?
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Azeron said:
I care because I believe all Sprint needs to do is shed its reputation...and IDEN. I think most can agree that the Nextel purchase was a bad idea. Now that Sprint has used the 2.5 spectrum it gained from the merger to launch Wi-Max, I think it is time to dump what remains of Nextel and go in another direction. Maybe the Southern Company could be persuaded to take IDEN off Sprint's hands? They could change the name to National Linc Wireless or maybe keep the Nextel name?
If Sprint dumped iDEN, it would surpass the dumbest thing they have ever done by a country mile. Along with dumping iDEN, they would lose about 12 million high paying customers who chunk out big wads of cash every month ...
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jrfdsf said:
they would lose about 12 million high paying customers who chunk out big wads of cash every month.
They will leave anyways! What are you smoking, maybe you ain't up on current events but stupid sprint has treated Nextel like a red headed step child and is LOSING MILLIONS OF NEXTEL customers, and slowly destroying the remaining client base.
🙄
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Cellenator said:
They will leave anyways! What are you smoking, maybe you ain't up on current events but stupid sprint has treated Nextel like a red headed step child and is LOSING MILLIONS OF NEXTEL customers, and slowly destroying the remaining client base.
🙄
Most of the iDEN defection has been due to the economy, which has been on a downturn for a lot longer than the current recession.
Since the vast majority of Nextel's client base are businesses, then it stands to reason that luxuries like cellphones are the first to go.
Where I work, we are also doing away with our Nextel service; but we aren't replacing it with another wireless service, we are going to start using in-house cordless ...
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Right 🙄 and sprint can't add net adds while the others are adding millions in this poor economy, because why?
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Cellenator said:
Right 🙄 and sprint can't add net adds while the others are adding millions in this poor economy, because why?
Sprint IS adding nets. They just aren't adding nearly as many as the other guys. Where do you get your info anyway?
The reason behind this has already been explained. You just simply choose not to accept it. Not my problem.
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LOL whatever...my bad sprint added 200k 🤣 🤣 🤣 🤣 Compared to verizon att and tmobile that is truly pathetic. Way to break it down for everybody, not that you can anyways. 🤣
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Cellenator said:
LOL whatever...my bad sprint added 200k 🤣 🤣 🤣 🤣 Compared to verizon att and tmobile that is truly pathetic. Way to break it down for everybody, not that you can anyways. 🤣
I just am not gifted at math like Verizon folks are.
http://www.youtube.com/watch?v=lCJ3Oz5JVKs »
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If Sprint dumped iDEN, it would surpass the dumbest thing they have ever done by a country mile. Along with dumping iDEN, they would lose about 12 million high paying customers who chunk out big wads of cash every month.
No one said they should GIVE these subscribers away. They would of course have to be compensated accordingly. The dumbest thing was bailing Nextel out in the first place. Next dumbest was neglecting what were previously the most loyal subscribers in America and in effect driving them out the door. How about third? Basically, having no idea what to do with IDEN. Were they going to service the IDEN network or relocate them to the CDMA network with this QChat? I guess they have given up on that. They now are pushing...
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No one said they should GIVE these subscribers away. They would of course have to be compensated accordingly. The dumbest thing was bailing Nextel out in the first place. Next dumbest was neglecting what were previously the most loyal subscribers in America and in effect driving them out the door. How about third? Basically, having no idea what to do with IDEN. Were they going to service the IDEN network or relocate them to the CDMA network with this QChat? I guess they have given up on that. They now are pushing...
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I think what people fail to realize is that these numbers are not a true representation of actual "customers" or "accounts". Now I have worked for Sprint for almost 3 years now, and i ma sure that any employee will agree that the name of the game, up until a year ago, was "slamming lines" or adding lines for people who weren't eligible for upgrades, or customers who didn't have insurance and damaged or lost their phones. Every employee in the company was doing the same thing, adding a line for $9.99 a month, getting the customer a new phone and swapping the device from it's new number on to the customers daily used number. So a single customer with 1 phone could commonly have 1 or sometimes 2 extra lines that weren't even being used.
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