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Sprint Posts $29.5 Billion Loss on Nextel Writedown (Update4) - Bloomberg
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Bloomberg -
By Crayton Harrison Feb. 28 (Bloomberg) -- Sprint Nextel Corp., the third- biggest US wireless carrier, posted a $29.5 billion loss and scrapped its dividend after writing down the value of Nextel Communications Inc. and losing 683000 customers.
Sprint posts big loss, stops dividend
3rd UPDATE: Sprint Loses $29.5 Billion In 4Q;Unveils Unlimited Plan
