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debt downgrade

More bad news for Sprint - junk bond rating from S&P

announcements | cfo | debt downgrade | financial | sprint

It just doesn't seem to be getting easier for our favorite No. 3 US wireless provider. Following on their WiMAX-based XOHM network's launch delay and amid rumors that T-Mobile USA parent Deutsch Telekom is looking to buy up the flagging wireless carrier, Sprint has been hit hard with a debt downgrade. Timed coincidentally with the [...]

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