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Dividend.com: Sprint Nextel Disconnected

Stock quotes in this article: NEM , S , RS , KO  

Sprint Nextel Posts $1.62 Billion Fourth-Quarter Loss

Sprint Nextel(S Quote) reported another quarterly loss Thursday, disclosing that the company lost 1.3 million wireless customers during the three-month period.

Sprint reported a fourth-quarter net loss of $1.62 billion, or 57 cents per share, compared with a loss of $29.32 billion, or $10.31 a share, in the same period a year ago. Revenue fell 14% from year-ago levels to $8.43 billion. ...

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