
Sprint Nextel saw the biggest surge in new customers in six years thanks to the
iPhone, but that growth came at a hefty price.
Sprint reported a loss of $1.3 billion, or 43 cents a share. In the
year-ago quarter, the company posted a loss of $929 million, or 31 cents
a share. The results included a loss of $241 million, or 8 cents a
share, due to one-time costs related to asset charges on property,
plant, equipment, as well as severance costs, and its investment in
Clearwire, which provides Sprint with 4G WiMax service.


