Sprint Nextel Corp : * Says delays from equipment vendors are making it 1 quarter late on its network vision network upgrade plans * Says to increase external marketing efforts in Q4 * Says expects nextel customer recapture rate to decline in 2013 * Says if it gets more vendor financing it probably wouldn't happen until Q1still talking with vendors * Says Softbank Corp deal gives it more flexibility to make sure itsspectrum assets are sufficient * CEO declines comment on likelihood of any transaction but says will look atwhat spectrum is available, possible mergers
Shares of S remained unchanged at $5.62. In the past year, the shares have traded as low as $2.10 and as high as $6.04. On average, 87030896 shares of S exchange hands on a given day and today's volume is recorded at 4939722.
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