Sprint Nextel just can't stop the bleeding, losing $344 million and 901,000 subscribers last quarter. This was actually better than Q1, when they lost $505 million and 1 million subscribers. Qwest — communications provider to Bill Gates country and the rural Midwest — meanwhile earned $188 million, which was a 24 percent drop compared to $245 million in the same quarter the year before. Qwest also only signed up 31,000 high-speed Internet subscribers. [KansasCity.com, Reuters]

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