Sprint Nextel's wireless defections slowed to 75,000 subscribers in the first quarter, but the report either gave investors reasons to cheer or proved a disappointment -- depending on the media account. Some emphasized Sprint's best performance on subscribers in three years, while the bears noted that most of Sprint's losses came from their highest-paying customers. CEO Dan Hesse said introduction of its HTC EVO 4G WiMAX phone could "provide a tailwind to our momentum."

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