Nice NEW YORK – Sprint Nextel Corp. on Thursday said it added more wireless subscribers in the first quarter than it has in five years, mainly on cheap service plans, as its turnaround continued despite the new threat of Verizon's iPhone.
Sprint added a net 1.1 million subscribers in the January to March period as its contract-free Virgin Mobile and Boost brands raked in a record number of new subscribers.
Verizon's launch of the iPhone on Feb. 10 and AT&T Inc.'s price cut on an older iPhone model didn't leave Sprint completely unscathed. Sprint posted a net loss of 114,000 subscribers on contract-based plans, which are the most lucrative. People weighing between smartphones on Sprint and Verizon seem to have been tipped toward shop clothing shoes cheap
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