Sprint Nextel

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. </p><p> Moody’s lowered Overland Park-based Sprint’s...

In this article: Sprint, Moody's, Clearwire Corp, Credit Suisse, Overland Park, and Standard & Poor's

NEW YORK (AP) - 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. Moody's downgraded the wireless service company's...

In this article: Sprint, Moody's, Nextel Communications, Overland Park, Kan., and NEW YORK

Moody's Investor Services on Friday cut its credit rating for Sprint-Nextel Corp <S.N>, citing concerns about Sprint's ability to stabilize its operating performance and earnings. Moody's downgraded the company one notch to Ba2, which is...

In this article: Sprint, Moody's, Cash flow, AT&T Inc, and Verizon Communications Inc

SCHAUMBURG, Ill. -- Sprint Nextel Corp.'s proposed purchase of wireless affiliate iPCS Inc. is gaining opposition from one of iPCS' largest shareholders. Greywolf Capital Management LP says it owns about 8 percent of the Schaumburg,...

In this article: Sprint, Overland Park, Kansas, and Illinois

ST. PAUL, Minn. (AP) - Minnesota customers of Sprint Nextel Corp. who think their cell phone contracts were extended without their say-so can file for refunds of early termination fees under a legal settlement announced Monday. State...

In this article: Sprint, Minnesota, Lori Swanson, Informed consent, Minneapolis, Overland Park, and Kansas

OVERLAND PARK, Kan. (AP) - Sprint Nextel Corp. said Monday it has paid off the $1 billion balance on its $4.5 billion credit line, helping the company's stock gain more than 10 percent. Shares jumped 35 cents to $3.44 in morning trading.

In this article: Sprint, Standard & Poor's, Credit Suisse, Customer base, and Kansas

* Sprint shares rise 11 pct to $3.44 (Recasts headline and first paragraph, adds analyst quotes, share price update) Shares of Sprint Nextel Corp <S.N> rose 11 percent on Monday after an analyst upgraded the stock based on expectations that...

In this article: Sprint, Credit Suisse, and New York Stock Exchange

Sprint Nextel Corp <S.N> said on Monday the company has paid down a $1 billion loan outstanding under its $4.5 billion revolving credit facility. Sprint, which had ended the third quarter with $5.9 billion in cash and equivalents, said the...

In this article: Sprint and New York Stock Exchange

NEW YORK -- Sprint Nextel Corp. shares rose ahead of regular trading Monday after Credit Suisse upgraded the wireless carrier, predicting the company will stop losing net subscribers in the last few months of the year. Sprint, the...

In this article: Sprint, Credit Suisse, Customer base, Virgin Mobile USA, Palm Inc, NEW YORK, and U.S.

OVERLAND PARK, Kan. -- Sprint Nextel Corp. on Monday said it will cut 2,000 to 2,500 jobs, mostly before the end of the year, as it keeps losing subscribers. The wireless carrier, based in Overland Park, Kan., said the goal is to cut labor...

In this article: Sprint, Revenue, Verizon Wireless, AT&T Inc., Overland Park, Kan., and Kansas