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Sprint Seeking Another $2 Billion from Investors

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Feb 27, 2012, 10:29 AM by Eric M. Zeman

Sprint today advised that it is issuing another round of notes due in 2020 and 2017 in an attempt to generate more capital. The notes are said to be worth about $2 billion, which Sprint would use to fund general operations, build out its LTE network, and help fund Clearwire. Sprint had a similar note offering in late 2011.

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