Sprint Nextel execs are the most overpaid
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Sprint Nextel execs are the most overpaid

Given that Sprint hasn’t had a great year, it’s amazing that their top managers were paid $74 million in 2007. They had the $29 billion write off of Nextel at the beginning of the year, and still paid their executives the same pay as if they were the number one cellular provider in the US…they’re not.

They’ve been constantly losing customers to larger carriers AT&T and Verizon. T-Mobile is also catching up to Sprint. The only thing Sprint has going for them right now is their huge network and free roaming. They have recently sold off all their towers so they could rent them (it makes since because they don’t have to pay to fix them when something goes wrong).

I still have Sprint because I was grandfathered in on the old SERO plan, it’s basically the most amazing cellular phone plan that ever was. :)

I have no loyalties though, if Sprint decided to drop me, I’ll switch.

Jeremy
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