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Even though other carriers actually picked up millions of customers over the same time period, Sprint blamed the economy for the loss of almost $600M and 180k customers.
Sprint reported a loss of $594 million or 21 cents per share, for the three months that ended March 31, a decline of 18 cents per share from the same quarter a year ago. Revenue was also down about 12 percent to $8.21 billion. Analysts had expected about $8.28 billion in revenue. The company lost a total of about 182,000 wireless customers during the quarter to end with a total of 49.1 million.