Sprint Closes Shutters of 55 Stores

Sprint which is under stiff competition from the likes of T-Mobile, AT&T, and Verizon is struggling to get new subscribers and to keep the ones it already has. So it is now turning to layoffs and closing stores in order to keep its profits up.

Sprint Closes Shutters of 55 Stores

The network provider announced today that it has laid off 330 techs and closed 55 stores to reduce overall running costs. The staff in the stores were dedicated for repairing phones for the Sprint current customers.

Also announced is closure of more than 150 service centers. SoftBank is the current owner of Sprint and has promised to make the network provider profitable again.

via CNET


Posted on March 21 2014. Tagged with Tags:

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Twinkle Arora is a news reporter at Mytechpartner.com Twinkle is a huge mobile addict but also has a soft corner for sports, especially football.