It is a bad decision for anyone to buy Sprint now, they are hemorrhaging customers each quarter and are debt-laden. You can say that they have straightened out upper management, but their quarterly results sure don't show improvement.
Sprint's problems really started in earnest in 2005-2006 after the acquisition of Nextel.
Dan Hesse was only brought in Dec 2007. It can take up 5 years to turn a big company like this around.
Regarding financials: well, losing millions of customers will do that to you. They've been reducing costs to bring them in line with the customer base.
They've largely fixed the network problems, customer service, and the churn rate. The problem is, a lot of people remember the Sprint from a few years ago. So Sprint hasn't been able to replace the customers they lost. It'll take time for that to change.
A lot of people feel that Sprint has turned a corner on its problems.
