Sprint Nextel and Bankruptcy Rumors, oh my!

Well, it's been a few weeks since my last post, but let me assure you, my phone has been riddled with errors on a daily basis (literally). Primarily, these errors are related to texting; "Your message cannot be sent, would you like to try again?" There seems to be an issue with the messaging service on the Treo 850 that causes conflict with incoming/outgoing text messages.

Additionally, I've received numerous reports from friends and colleagues that they've received "old text messages" - from hours to weeks earlier! There's nothing like someone getting a text message that reads: "Having fun at the bar, you should come out and party with us!" at 9:30 on a Monday morning...

But today, I saw some news that brought a smile to my face. One of my friends posted a link on my Facebook page that reads: "Ten Big Companies That Are Veering Toward Bankruptcy" - the article includes reference to Sprint and the fact that they've been bleeding customers for some time now.

Here's what the article had to say about Sprint Nextel:
Sprint Nextel is bleeding customers, and could lose as many as 4.4 million net post-paid subscribers this year.

This is a huge problem when you have large amounts of maturing debt over the next few years.

A recent Deutsche Telekom acquisition rumor offered some hope, but that appears to have faded. Facing a difficult road ahead on its own, the company better keep its lawyers on speed-dial.

I'd say their lack of customer service and malfunctioning devices are a key indicator that this company is in trouble.

Good luck Sprint.