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Sprint outsources entire network to Ericsson

Sprint Nextel Corp. (NYSE: S) has taken the next step to delete more costs from its bottom line by sending the management of its nationwide wireless network to Sweden's Ericsson. The deal -- valued at up to $5 billion -- will allow Sprint to offset its declining subscriber revenue and numbers with lowered costs.

Continue reading Sprint outsources entire network to Ericsson

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Last updated: November 26, 2009: 05:32 PM

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