"Sprint continues to manage costs rigorously. We expect to see sequential quarterly improvement in both post-paid and total net subscriber losses in the fourth quarter of 2009,” said Dan Hesse, Sprint Nextel CEO. “Sprint is beginning to attract more customers with the industry’s best device line-up and the clarity and simplicity of our offers, seven sequential quarters of improvement in customer care satisfaction," added Hesse.

As Sprint Nextel moves forward with this positive outlook, the company must deal with the fact that it lost a net of 545,000 wireless subscribers, including 801,000 annual contract customers. This impacted the company's bottom line with third quarter revenue taking a 9% dive to $8.04 billion.