we takin over
Yankees said:
đ đ
one city at a time
Word has it that the competition is taking over at least 2 cities at a time. đ¤Ŗ
uscingulair said:
Taking over what the unemployment offices? đ
Sprint's new marketing strategy to gain back lost customers? đ˛
sprint isn't taking over anything.
it takes a lot more than just good plans to get customers. customer service is a major thing for sprint to improve. yes their making strides to be better, but are they too late?
famoussasjohn said:
and you actually think they are running back to sprint when they already had a bad experience? they obviously didn't like sprint in the first place so why would they go back?
sprint isn't taking over anything.
it takes a lot more than just good plans to get customers. customer service is a major thing for sprint to improve. yes their making strides to be better, but are they too late?
where in my post above does it say that much? People rarely go back to where they had bad experiences, very true. The media is starting to think it is too late for Sprint. One article I read recently has Sprint pegged in the top 10 companies in trouble.
Kayslay34 said:
If your talking about hte yahoo article, it was some bussiness analyst who made rumors, because they are not facts; on guessing what companies would go bankrupt soon. But main problem with sprint is they are still making a profit yearly, so its kinda hard to go down when your making money.
Profit? how so? Everything I am finding has them losing money and customers:The balance sheet doesn't reflect profits, only losses:
http://finance.yahoo.com/q/is?s=S »
http://jkontherun.com/2009/02/20/sprint-is-hemorrhag ... »
http://seekingalpha.com/article/152796-no-end-to-spr ... »
"Of course, the worst news of all is that Sprint continues...
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kid probably just got his credit card and hasn't made a payment yet to even build credit.
famoussasjohn said:
it doesn't help much that sprint customers dont seem to have a brain either...
Really? You think Sprint customers don't have brains?
I actually think we are much smarter than the average wireless customer, because most folks who purchase cellular phone service base their decision on advertising and hype rather than doing any research into the claims being made by a particular company.
Case in point: the company I currently work for (P&G) switched to Verizon for supposed "better service." The reception and phones we were issued (G'Zone Boulder) both suck. This decision was made by a multi-billion dollar corporation who supposedly spent the last two years researching and nego ...
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"Sprint reported over 1.6 billion U.S. dollars loss in the last quarter of 2008. According to Sprint, its 4th-quarter loss in 2008 equaled to 57cents/share, definitely better than its reported $29.3 billion loss in 2005 due to its Nextel acquisition. The business analysts anticipated more or less $8.55 billion profit for 2008, Sprint reported $8.4 billion. Not bad, huh!
As stated by Sprint, the loss was a result of subscriber losses. The company served 49.3 million customers at the end of 2008 compared to 53.8 million at the end of 2007, a net decline of 1.3 million. Post-paid consumers increased from 79 percent in 2007 to 84 percent in 2008
"
and here is the linkhttp:/...
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http://www.marketwatch.com/story/sprint-nextel-posts ... »
Sprint Nextel posts wider loss
July 29, 2009,
WASHINGTON (MarketWatch) -- Sprint Nextel Corp. reported a wider second-quarter loss Wednesday as the nation's No. 3 wireless carrier suffered further defections among its best customers.
Sprint lost 991,000 subscribers in the crucial postpaid category, though losses tapered off compared to the first quarter. Postpaid customers on annual contracts are the most profitable in the industry.
In the period ended June 30, Sprint posted a net loss of $384 million, or 13 cents a share, up from a loss of $...
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HawkeyeOC said:
Since the balance sheet didn't do anything for you, this will: (this is one of many articles out there)
http://www.marketwatch.com/story/sprint-nextel-posts ... »
The carrier was projected to lose 4 cents a share on $8.16 billion in sales, according to a poll of analysts compiled by FactSet Research.
Yet, Sprint reiterated its earlier forecast that subscriber losses will taper off compared to 2008 -- suggesting improved performance in the second half of the year.
"We're seeing improvement," said analyst Rick Franklin of the brokerage Edward Jones. "The trends aren't as negative as they were."
LOL read what you post they still had 8.16 bill...
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Kayslay34 said:
LOL read what you post they still had 8.16 billion in sales and a net loss of only 384 miliion, they still made a profit...
How do you make a profit on a net loss of 384 million?
Kayslay34 said:
Because net loss doesn't equal your total revenue. If i made 50 million dollars last year, and this year i made 40 million; that means i had a net loss of 10 million, but i still made 40 million.
Net loss = Amount by which total of costs and expenses exceeds total revenue in an accounting period.
Yes, you made the 40 million in your example, BUT you lost more than that in the same period because the costs and expenses to run the company were more than that 40 million.
Not to put down Sprint, but they were in a hole to start with and digging themselves out of it is not easy
HawkeyeOC said:
Net loss = Amount by which total of costs and expenses exceeds total revenue in an accounting period.
Yes, you made the 40 million in your example, BUT you lost more than that in the same period because the costs and expenses to run the company were more than that 40 million.
Not to put down Sprint, but they were in a hole to start with and digging themselves out of it is not easy
The problem with your math is that you are assuming that their operating costs were higher than the previous year. Most companies find ways to eliminate fat from their budgets every year to compensate for inflation and increased operating expenses.
jrfdsf said:
The problem with your math is that you are assuming that their operating costs were higher than the previous year. Most companies find ways to eliminate fat from their budgets every year to compensate for inflation and increased operating expenses.
I didn't make that assumption at all. Sprint has done what it could to control it's expenses and costs since Dan Hess took over. What he inherited was an out of control mess that is difficult to get in control in this economic environment. At a time when VZW and AT&T are gaining customers, Sprint is still losing while it's struggling to get back on it's feet. Tough job he has
famoussasjohn said:
missed the question mark at the end so i thought you meant that they marketing was winning customers back âšī¸ its been a long day
tell me about it. At least it's Friday! đ
HawkeyeOC said:
tell me about it. At least it's Friday! đ
Payday! đ
DiamondPro said:
What other reason do you have for posting something like this in the Sprint forum other then being jealous of everthing Sprint has to offer. And yes we are taking over! Sprint is getting the first 2 phones to feature full flash support. Just released "any mobile to any mobile". Better Plans period than verizon or att. Just bought out Ipcs and is the first carrier with a real 4g network.
đ¤Ŗ đ¤Ŗ đ¤Ŗ
Tough to be jealous of a company riddled with a tremendous amount of long term debt....maybe in a few years Diamond. He may be drinkning T-mobile Kool-aid, but you are also drinking Sprints equivalent đ
Verizon debt is 63 billion on 6/08
http://money.cnn.com/2008/07/15/technology/verizon-w ... »
Att debt is 64 billion on 10/22
http://money.cnn.com/2008/10/22/technology/att-iphon ... »
I could find anything this year reporting Verizon debt but I don't see them getting rid of it any time soon. So you can go back to drinking your Verizon kool-aid.
It's not nice to manufacture things đ˛ . Your articles date back more than a year too đ
Bottom line...Strong companies can weather bad times easier than ones that were in a lot of trouble to begin with years ago....So keep drinking that Sprint Kool-Aid and running those commercials đ¤Ŗ
Also please find us a more recent article on how much Verizon debt actually is. Until then keep it movin. đ
DiamondPro said:
By pointing out Sprint's debt not realizing that all carriers including Verizon carry huge debt. So tell what is this strong company your refering to?
Also please find us a more recent article on how much Verizon debt actually is. Until then keep it movin. đ
As usual, you missed the point of the conversations above. Healthy companies can carry debt. They have the ability to deal with swings in the market better than a company such as Sprint. When a struggling company (no one could possibly deny that Sprint isn't one of those) carries a large amount of debt, there is cause for concern which is the whole point of this thread!
Statements such as "we takin over" are a LITTLE premature to...
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HawkeyeOC said:...
As usual, you missed the point of the conversations above. Healthy companies can carry debt. They have the ability to deal with swings in the market better than a company such as Sprint. When a struggling company (no one could possibly deny that Sprint isn't one of those) carries a large amount of debt, there is cause for concern which is the whole point of this thread!
Statements such as "we takin over" are a LITTLE premature to make right now until Sprint gets back on their feet. I am sure by now you feel a little embarassed to have agreed with such a statement Diamond đ¤
There is no better way to get a current picture than to actually look at the financials of these companies.
I know this
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jrfdsf said:
The only poster in this forum who should be embarrassed is you. You continually post here for no reason other than to be a pain in everyone's neck. You never add anything of any value to this community, and constantly troll this forum with the latest "Sprint sucks" dialog.
Here's a nickel's worth of free advice: spend time correcting all the idiots in the Verizon forum who post false and misleading information to the community at large and leave the policing of this one to us.
I:
Never posted in the Verizon forum
Never said "Sprint Sucks"
Never called anyone an idiot here
Don't Troll forums
Don't "Police" forums
On the contrary, as someone who specializes in turning around ...
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jrfdsf said:
The only poster in this forum who should be embarrassed is you. You continually post here for no reason other than to be a pain in everyone's neck. You never add anything of any value to this community, and constantly troll this forum with the latest "Sprint sucks" dialog.
Here's a nickel's worth of free advice: spend time correcting all the idiots in the Verizon forum who post false and misleading information to the community at large and leave the policing of this one to us.
One more thing thats strange about your comments. You appear to have a history of trolling many other carriers forums with very similar rhetoric...It's all about anti-Big Red.
To each his own, but I never p ...
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HawkeyeOC said:
One more thing thats strange about your comments. You appear to have a history of trolling many other carriers forums with very similar rhetoric...It's all about anti-Big Red.
You obviously don't understand what trolling is, because you think it's someone who posts anything in another forum. Trolling is entering an internet chat room to flame what that particular community enjoys. Nobody in the at&t forum is offended when an outsider condemns Verizon or vice versa. That is not trolling. Sorry.
I wasn't throwing out "Sprint sucks" or "my carrier can beat up your carrier" rhetoric like some. I did point out in several places around here that those that think Sprint is in great shape are misinformed.
It's a mystery behind why you want to go after me. Move on and prove me wrong instead of taking the low road
Azeron said:
I am on record as wanting Sprint to be successful although I m neither a customer or employee. Having said that...I am impressed with your posts. Very informative.
I try to be informative. I don't really think it's to anyones benefit for Sprint not to be successful. Fewer players in the field means less competition, less choice and higher prices for everyone...something that happened very early on in the mobile phone industry đ