According to a report on Yahoo Finance (link below), Sprint says its customers are “fleeing.”
Sprint offers a poor network experience that is sending customers fleeing at an increasing rate, the carrier told the FCC on Sept. 21, according to a filing posted Wednesday on the agency’s website.
The company’s revenue is dropping, it can’t do much more cost cutting and it can’t afford needed investments, according to the filing.
Sprint Executive Chairman Marcelo Claure at a June hearing told lawmakers that Sprint had lost $25 billion over the past decade and was on a path that was “simply not sustainable.”
There is “no obvious path to solve key business challenges” for Sprint, the company told the FCC, according to the filing.
You can see the Yahoo article HERE
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