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Shareholders of Boost parent Sprint Nextel Corp. (NYSE:S) are hoping the company can also deliver more lucky numbers during a Monday earnings call. It is likely that the results will be mixed at best, as the company tries to staunch losses of lucrative customers that have dogged Sprint Nextel since the 2005 merger that created the company. Boost targets the young and the hip with "prepaid" wireless plans that charge users for minutes before they are used. While Sprint Nextel has struggled to retain more lucrative subscriber contracts, Boost has added users. Wachovia Capital Markets LLC expects boost to add 850,000 net users in the first quarter. "We believe Sprint's prepay initiative -- Boost Mobile -- will report very strong net adds," analyst Jennifer Fritzsche wrote in a Friday note, anticipating that Boost will be the highlight of Sprint Nextel's subscriber numbs. Boost subscribers, better-than-expected Ebitda numbers and the coming launch of Palm Inc.'s Pre, a Sprint-exclusive, are catalysts for Spring Nextel, in Fritzsche's view. But the analyst expects the company to post a net loss of 1.3 million post-paid subscribers, users with more conventional, and more profitable, phone contracts.
CEO Dan Hesse will reveal the numbers, lucky or not, Monday at 8 a.m. - Chris Nolter See Sprint Nextel's conference call information
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Danica Patrick will sport Boost Mobile's logo on her lucky No. 7 car this year. The fast-growing mobile carrier announced the sponsorship of the IndyCar racer Friday.
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