UBS telecoms analyst John Hodulik wrote in a research note that Sprint's fourth quarter results are going to be ugly, which shows how much work newbie CEO Dan Hesse [1] has ahead of him. Hodulik predicted that Sprint would post a net loss of 400,000 post-paid subscribers, while ARPU will show an accelerated drop. The analyst also said wireless margins will show a marked drop year-over-year to 29.1 percent of sales.
For more on Hodulik's analysis:
- read this post [2] over at Barron's Tech Trader Daily
Related Articles:
Embarq loses Hesse to Sprint top job Article [3]
Hesse paid $1.2M a year at Sprint Article [4]
Sprint rejects SK Telecom's $5B investment Article [5]
Links:
[1] http://www.fiercemobilecontent.com/story/sprint-appoints-dan-hesse-president-and-ceo/2007-12-18
[2] http://blogs.barrons.com/techtraderdaily/2008/01/03/sprint-it-could-still-get-uglier/?mod=yahoobarrons
[3] http://www.fiercetelecom.com/story/embarq-loses-hesse-sprint-top-job/2007-12-18
[4] http://www.fiercewireless.com/story/forsee-lead-u-missouri-hesse-paid-1-2m/2007-12-20
[5] http://www.fiercewireless.com/story/sprint-rejects-sk-telecoms-5b-investment/2007-11-30