Like so many other large companies, Sprint is unsurprisingly attempting to cut costs with the drastic changes. The quoted sources foresee the deal slashing their network costs by nearly 20%. Although Sprint is the third-largest wireless operator in the US, it has been struggling to maintain level competition with market leaders AT&T and Verizon.
The company is expected to post its quarterly earnings this morning, which will hopefully bring the company a bit of relief after an ailing fourth quarter last year. The highlight of the report is expected to be Boost Mobileís prepaid wireless service, which is owned by Sprint. All eyes are now on the Pre, which is expected to make a presence at some point in the coming month or two.