Sprint Nextel has expanded its prepaid wireless service for low-income people,...
Sprint Nextel has expanded its prepaid wireless service for low-income people, Assurance Wireless. The service, which offers a cellphone and 200 minutes of local and long-distance calling to eligible customers at no charge is launching in Maryland and Texas. The…
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brand is available in Michigan, New York, North Carolina, Tennessee and Virginia. Customers can qualify based on low household income or on participation in one of several government-assistance programs. Sprint receives a subsidy from the Universal Service Fund. The carrier is making progress in prepaid and probably will improve its churn this quarter, Citi Group analyst Michael Rollins said in a report Monday. Prepaid gains will continue to be offset by subscriber losses on the Nextel iDEN network, he said. But the overall customer decline will continue to slow, he predicted.