On Monday, it became clear quite how steep that road to recovery will be. The Bolivian entrepreneur, who was installed as CEO after the collapse of merger talks with T-Mobile US Inc, already faced the task of stemming growing subscriber defections as the company seeks to upgrade its subpar network. He now will have to reckon with a worsening financial backdrop, as Sprint cut its full-year 2014 earnings forecast to between $5.8 billion and $5.9 billion from $6.7 billion to $6.9 billion.