Bloomberg | Sprint Says It Needs $7 Billion to Fund Costs; Loss Narrows BusinessWeek Oct. 26 (Bloomberg) -- Sprint Nextel Corp., the third- largest US wireless carrier, said it needs as much as $7 billion in capital to pay for new handsets and a network upgrade after posting its 16th straight quarterly loss. Sprint shares fell as much ... Sprint Says It Needs to Raise Up to $7 Billion in Capital as Loss Narrows Summary Box: Sprint Nextel's 3Q report Sprint, Apple to Fix Slow Network Issues |
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