Posted on 02/14/2011 12:28:10 PM PST by Slyscribe
Can government subsidies help Sprint Nextel (S) bounce back? Perhaps so, in a way you may not think.
Sprint, which reported fourth-quarter earnings on Thursday, seems to be having success with its Assurance Wireless brand, a prepaid offering. Sprint launched the government-subsidized Assurance program in early 2010. Sprint now markets the Assurance brand in 22 states and Washington, D.C.
Sprint expanded the Assurance brand to Pennsylvania today.
(Excerpt) Read more at blogs.investors.com ...
It’s prepaid, so you can’t go over the minutes. When your available minutes are down to zero, no more calls.
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