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Friday, October 7, 2011

Sprint Slumps After Saying It Needs to Raise Capital for Network

Sprint Slumps After Saying It Needs to Raise Capital for Network By Scott Moritz and Sarah Frier Oct. 7 (Bloomberg) -- Sprint Nextel Corp., the third- largest US wireless carrier, declined as much as 12 percent in New York trading after saying it needs to raise additional capital as it spends on a network upgrade ... Sprint Slumps After Saying It Needs to Raise Capital for Network

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