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Sprint Nextel Corporation has for the first time some good news with reference to the increase in subscribers in the last quarter. The corporation has been able to improve on its record of customer service as well as the number of retentions. Nevertheless all is not well and the company is losing its most profit generating customers in the long term -two year contract band. It has posted larger losses due to tax and other local effects. Sprint shares a trifle by 6 cents and rose to $4.90 at the end of morning trade. Premarket shares were up by 10 percent against a loss of 257,000 customers the Sprint gained 111,000 customers. The corporation plans to increase the wireless subscribers and reduce the contract subscribers in the remaining year.