Sprint Nextel (S +3.5%) and Ericsson (ERIC +0.6%) ink a seven-year, $5B deal in which Sprint...


Sprint Nextel (S +3.5%) and Ericsson (ERIC +0.6%) ink a seven-year, $5B deal in which Sprint will turn over day-to-day operations of its network to ERIC, and focus on developing new products and serving its customers better. Sprint will move about 6,000 workers to Ericsson.

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