Sprint (S): From Dire To Desparate

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By Douglas A. McIntyre Published
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Turning around Sprint (S), which has been getting harder, may be moving into the "impossible" column. The company recently showed up in the MSN Money customer satisfaction survey as one of the ten worst in the US. Thirty-nine of the respondents rated Sprint customer service as "poor".

Now it looks like fewer and fewer people want to do business with the cellular provider. New research from Changewave shows that of 3,597 consumers the firm polled in March, "only 11% said they currently use Sprint as their provider – a number which pales in comparison to Verizon (VZ; 31%) and AT&T (T; 28%)."

The research went further to show that "when we asked Sprint customers how likely they were to change service providers in the next 6 months, a relatively high percentage (21%) said they’re Likely to switch – compared to just 10% of Verizon customers and 11% for AT&T’s."

Things won’t get better at Sprint and its new WiMax network will not be finished until near the end of the decade. It is hard to imagine how the company will hang on for that long.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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