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More on Sprint Nextel (NYSE:S) Q2: net losses widen to $1.37B from $863M a year ago. Contract...

Jul. 26, 2012 7:55 AM ETSprint Corporation (S) StockSBy: Yigal Grayeff, SA News Editor6 Comments
More on Sprint Nextel (NYSE:S) Q2: net losses widen to $1.37B from $863M a year ago. Contract customers spent $63.38/month on mobile-phone services, up $4.31 from a year earlier. Sells 1.5M iPhones, well below AT&T and Verizon. Loses another 246K contract customers, partly due to winding down of Nextel network. Shares +15.7% premarket.

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