29.02.2008 02:38 Uhr, Quelle: Engadget

Latest financials confirm it: Sprint and Nextel probably shouldn't have merged

Filed under: Cellphones Well, it looks like the aggressively priced unlimited action really didn't come a moment too soon. We're no economists here, but it doesn't take rocket science, a Ph.D., collegiate level maths, or even a fancy calculator to crunch the cold, hard numbers coming out of Sprint Nextel's fourth quarter earnings call. For starters, the number three carrier in the US reported a net loss of nearly $29.5 billion, which -- get this -- is more than the combined value of its outstanding stock. Let us reiterate for emphasis and drama value: Sprin

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