Sprint Nextel At A Loss For Q1

What a shock. I am stunned. The carrier with the coolest phones, most awesome rate plans, and best service ever, Sprint Nextel, posted a loss for Q1 of 2007. Well a company as awesome and rad as Sprint Nextel couldn’t have lost that much cash, right? Try $211 million. Sprint Nextel blames lackluster sales and the loss of high-quality subscribers for the loss. Word is that a lot of Nextel subscribers have been jumping ship since Sprint’s 2005 acquisition.

I’m really surprised. Sprint has amazing commercials that showcase why they’re better than the competition, right? They don’t? Oh well, at least they got the guy from “Office Space” to pitch new phones.

Sprint Nextel posts 1Q loss [Yahoo!]