June 11, 2003
Washington Post: Sprint to Wind Down Web-Hosting Business
My spin: Smart move on Sprint's part. Web hosts can make money...but the business model has got to be right. Info Space's Hypermart is doing quite well (I think) as are others.
News Clip: KANSAS CITY, Mo. ññ Sprint Corp. will eliminate its Web-hosting business, resulting in the loss of about 500 jobs at the telecommunications giant. The company plans to phase out operations at eight Web-hosting centers after customers have switched to other providers. (full story)
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