Sprint expected to report a loss of 900,000 subscribers for the second quarter

Sprint is expected to release its second quarter earnings on July 30th, but analysts aren't expecting to hear good things. In fact, three analysts from Jefferies, Mike McCormack, Scott Goldman and Tudor Mustata, forecast that the carrier will report a drop of 879,000 in phone subscribers for the three month period that ended in June. In the face of subscriber additions by Verizon and AT&T announced last week, just what is going on with the nation's third largest carrier?



For some time now, Sprint has blamed the upgrading of its network for the drop in its subscriber rolls. While the ...



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