Embarq drops Sprint

16 May 2008

Embarq, the regional telco spun off from Sprint Nextel in 2006, confirmed that it will end its MVNO deal with its former parent company next year. Embarq is following Qwest Communications lead as the later also ended its resale deal with Sprint recently. Embarq’s finance chief Gene Betts said, ‘the economics and the reach that we were obtaining was not really what we were hoping for’. It has been reported that Embarq had been aiming to reach the one million subscriber mark through its partnership with Sprint, but the reality was just 112,000 wireless customers at the end of 2007.