Sprint Nextel Announces 29 Billion Dollar Quarterly Loss

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The Sprint Nextel logo hangs in the window of a Sprint retail store... News PhotoChicago - Illinois,Democracy,Election,Facade,Hanging,Illinois,Politics,Retail,Shop,Shop Window,Sign,Sprint Nextel,Telecommunications Equipment,Telephone,USA,WindowPhotographer Collection: Getty Images News 2008 Getty ImagesCHICAGO - FEBRUARY 28: The Sprint Nextel logo hangs in the window of a Sprint retail store February 28, 2008 in Chicago Illinois. Sprint said it lost $29.5 billion during the quarter ending Dec. 31. (Photo by Scott Olson/Getty Images)