Sprint Nextel"s losses grew in the third quarter as wireless subscribers continued to leave for other carriers, according to AP. The wireless carrier on Thursday reported a quarterly loss of $478 million, or 17 cents per share, compared with a loss of $326 million, or 11 cents per share, during the same period a year ago. Revenue during the quarter slipped 9 percent to $8.04 billion. Analysts surveyed by Thomson Reuters expected a loss of 15 cents per share on $8.09 billion in revenue. Sprint Nextel Corp., based in Overland Park, Kansas, reported it lost a net of 545,000 wireless subscribers, including 801,000 people who sign annual contracts. --SPA
