Sprint posts wider quarterly loss on steep costs

By Sinead Carew NEW YORK (Reuters) - Sprint Corp , the No. 3 U.S. mobile service provider, posted a wider quarterly loss due to hefty costs from shutting down its older Nextel network and it lost more customers than some analysts had expected. Sprint, which sold 78 percent of its shares to Japan's SoftBank Corp in the quarter, has been struggling with Nextel customer losses on the Nextel network since it bought that company in 2005. It finally shut down that network in the second quarter. ...

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