Sprint CEO: Verizon benefited most from Nextel turnover
Verizon Wireless got fat off the customers that left Sprint Nextel's iDEN network over the past few years.
That's according to Sprint CEO Dan Hesse, who told investors today that Verizon has nabbed half of the customers who left the ailing Nextel service over the past few years. AT&T grabbed roughly a fifth of the departing customers, while Sprint got a quarter.
"The iDEN (Nextel) network was a big source of customers for our rivals, particularly Verizon," Hesse said.
More recently, Sprint has shifted its strategy and rededicated its resources into winning back Nextel … Read more