It looks like things aren’t looking too good for Sprint. In fact, now that the company’s quarterly earnings report has been released, it’s becoming more and more apparent Sprint has entered a downward spiral.

So how bad is it looking for Sprint? Well, they lost 901,000 subscribers last quarter. Ouch. That adds up to $344 million in losses. Super ouch.

The really sad thing is these numbers are an improvement from last quarter. I would say ouch again, but it would just be redundant. I’m not going to say it’s time for Sprint to pack up and move on, but they may very well need to rethink their business, that’s for sure.

[via The Boy Genius Report]