Sprint (S) is in advanced talks to outsource its cellular network management to LM Ericsson...

|About: Sprint Corporation (S)|By:, SA News Editor

Sprint (S) is in advanced talks to outsource its cellular network management to LM Ericsson Telephone (ERIC) and transfer 5,000-7,000 U.S. employees to Ericsson. Sprint is trying to cut costs as it faces dwindling subscriber numbers.