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Market Watch (Free subscription) | 20/11/2009
LOS ANGELES (MarketWatch) -- Moody's Investors Service on Friday downgraded its corporate family rating on Sprint Nextel Corp. to Ba2 from Ba1, saying the wireless-services provider's ability to stem the deterioration of its earnings is taking longer than it had originally anticipated. The agency said the company's leverage, therefore, is likely to deteriorate before stabilizing at much weaker levels...
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Daily Advance - Business (Free subscription) | yesterday
NEW YORK — Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel ...
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Rocky Mount Telegram - Business (Free subscription) | yesterday
NEW YORK — Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel ...
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kansascity.com (Free subscription) | yesterday
Sprint Nextel Corp. saw its debt rating cut Friday by Moody’s Investors Service, which said the wireless carrier’s turnaround is taking longer than expected. Moody’s lowered Overland Park-based Sprint’s corporate rating one level to Ba2, two levels below investment grade. Moody’s said its outlook on Sprint was negative, meaning the carrier could be...
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Seattle Times (Free subscription) | yesterday
Moody's Investors Service said Friday that it downgraded ratings for Sprint Nextel Corp. because it is taking longer than expected to stanch a deterioration in its profit.
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Tech Trader Daily (Free subscription) | 20/11/2009
Moody’s today downgraded its corporate family rating on Sprint Nextel (S) to Ba2 from Ba1 “because the company’s ability to stem the deterioration of its earnings is taking longer than originally anticipated.” As a result, Moody’s added, “the company’s leverage is likely to deteriorate before stabilizing at much weaker levels [...]
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bizjournals (Free subscription) | 20/11/2009
Moody’s Investors Service has downgraded Sprint Nextel Corp.’s junk credit rating because the wireless carrier hasn’t been able to improve its earnings as quickly as expected. (VM) (S)
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Moco News (Free subscription) | 20/11/2009
A fresh set of rumors are circulating that Deutsche Telekom ( NYSE: DT ) is looking for a partner in the U.S. to help finance a high-speed data network for its T-Mobile wireless subsidiary. Reuters reports that the German paper Handelsblatt cited unidentified people from the German company as saying they are looking at partnering with other competitors, such as MetroPCS, Clearwire ( NSDQ: CLWR ) and...
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Information Week (Free subscription) | 20/11/2009
Wireless plan customers nearing their limits on minutes or text messages can opt to receive notification from the carrier via SMS.
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24/7 Wall St. (Free subscription) | 20/11/2009
Palm, Inc. (NASDAQ: PALM) has sort of already fallen from grace despite all the hype behind the Palm Pre. Throw in that Pixi too. Discounting is trumping what may be weaker sales. It turns out that Amazon.com (NASDAQ: AMZN) is offering the Palm Pre for Sprint for a mere $79.99. Sprint Nextel (NYSE: S) has [...]
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Mobile Tech Today (Free subscription) | 20/11/2009
Palm Inc. is fighting harder than ever to snag a chunk of the smart phone market, and just six months after releasing the stylish Pre it's back with a lighter, more petite and affordable version called the Pixi. It's too bad such a good-looking phone is so aggravating to use. With its trim candy bar-shaped body, full keyboard and $100 price tag (with a two-year Sprint Nextel contract and $150 in rebates),...
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Peter O'Kelly's Reality Check (Free subscription) | 20/11/2009
I’m guessing this is more a “ Hail Mary pass ” move than a leading indicator of broader pricing trends Amazon.com Inc. and Wal-Mart Stores Co. have slashed the price of Palm Inc.’s newest smart phone, the Pixi, by 75% to $24.99 after only a few days on the market. The Pixi is the sister phone to the Pre, which has been positioned by Sprint Nextel Corp. as its flagship device...
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Reuters UK (Free subscription) | 20/11/2009
FRANKFURT, Nov 20 (Reuters) - Deutsche Telekom , Europe's largest telecoms company, is looking for a partner for its U.S. mobile communications business, German paper Handelsblatt reported, citing unidentified people from the German company.
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Information Week (Free subscription) | 19/11/2009
The "shot clock" rule will set a limit on how long local governments can review applications for new cellular towers.
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Tech News India: Dell XPS M1730 (Free subscription) | 19/11/2009
Mobile phone maker, HTC Corporation,the first company to manufacture and launch devices powered by Google Android platform and the largest marketer of smartphones that run Microsoft's Windows Mobile Operating system is getting ready to release a Brew MP-based device which was speculated to be launched late 2009,will now be launched in the early 2010. Industry sources have revealed the delay in original...
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