Filed under: Cellphones, Wireless
Things aren't going so hot down Sprint way right now -- although the carrier recently entered into that landmark $12B WiMAX deal with Clearwire and several other companies, it lost over a million wireless subscribers last quarter and posted a net loss of $211M. That's enough for CEO Dan Hesse to smack the emergency button: he's laying off 4,000 workers, closing Sprint stores, and cutti