As if the financial news for Sprint couldn't possible get worse, according to Kansas City Journal, Sprint Nextel Corp. is losing an outsourcing contract with Time Warner Cable Inc. worth as much as $250 million per year.
A spokesman for Time Warner Cable stated that they are phasing out the agreement with Sprint to handle the VoIP phone traffic for Time Warner Cable's digital phone service and would be bringing VoIP in-house.
Not paying $250 million per year to outsource VoIP services seems like a smart financial decision by Time Warner Cable. My only question is why did it take them a 4
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