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ECT News Community   »   E-Commerce Times Talkback   »   Re: Sprint: Katrina May Cost as Much as $200 Million



Re: Sprint: Katrina May Cost as Much as $200 Million
Posted by: Anonymous 2005-09-19 08:28:13
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Sprint Nextel yesterday said Hurricane Katrina would cost the company US$150 million to $200 million. The estimate includes the cost of restoring its network, as well as billing relief to customers in the affected regions, Sprint said. Company spokesman John Taylor said Sprint doesn't have a specific figure for how much it will recoup through insurance. The financial impact is expected to be spread over the rest of the year, the company said.


Re: Sprint: Katrina May Cost as Much as $200 Million
Posted by: mworkman 2005-09-19 12:00:42 In reply to: Anonymous
The assertion by Sprint that 90% of its Mississippi customers are back in service is Bull. If you try dialing any of the customer service numbers, you get the circuit busy tones. Of course, you have to dial from a non-Sprint served phone. Their email responses do not reference a estimated time to repair, either.
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What was your initial reaction to news of the Colonial Pipeline cyberattack?
It demonstrates that all critical infrastructure sectors are at high risk of disruption by cybercriminals.
Everyone will be paying for this attack in the form of higher energy costs.
Governments need to work more closely with private industries to protect networks for the sake of public safety.
It's a global problem. An international alliance must be formed to hold the perpetrators accountable and prevent future attacks.