In wireless news… Sprint really needs this AT&T/T-Mobile deal to fail. After losing more than analysts had predicted, Sprint’s share price dropped 16%.
Bloomberg reports:
Sprint lost 101,000 customers on monthly contracts after dropping 114,000 in the previous three-month period, starting a new losing streak after reporting a gain in the lucrative users in the fourth quarter of 2010 for the first time in more than four years. The carrier is promoting handsets such as HTC Corp.’s Evo to compete with AT&T Inc. (T) and Verizon Wireless, which both now carry Apple Inc. (AAPL)’s iPhone.