The company has approximately 20,000 total distribution points, including nearly 1,400 company-owned retail locations. For the fourth quarter, Sprint Nextel reported a net gain of 500,000 subscribers, offset by net losses of 683,000 post-paid subscribers and 202,000 traditional prepaid users. The company expects the cuts to decrease labor costs by an annualized rate of $700-$800 million by the end of 2008.
--Sarah Mahoney