Despite prepaid lift, Sprint Nextel loss widens

(AP) -- Despite a widening net loss, Sprint Nextel Corp. finally got some good news in its long recovery Monday, as a big surge in "prepaid" customers offset another nightmarish drop in valuable subscribers who sign annual contracts.

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<p><a href="http://www.physorg.com/news160666483.html">Despite prepaid lift, Sprint Nextel loss widens</a></p> <p>(AP) -- Despite a widening net loss, Sprint Nextel Corp. finally got some good news in its long recovery Monday, as a big surge in "prepaid" customers offset another nightmarish drop in valuable subscribers who sign annual contracts.</p>