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Moody's downgrades Sprint on further network spending

April 24, 2011 — 11:27pm ET | By Lynnette Luna

Moody's Investors Service downgraded Sprint Nextel (NYSE:S) further into junk territory thanks to the company's heavy spending. The ratings agency cut Sprint's rating to Ba3 from Ba2 and attached a Read more >>

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Moody's downgrades Sprint on further network spending

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