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Sprint bleeds customers; sells 1.5 million iPhones

Sprint Nextel’s losses widened in the third quarter as the company prepares to shut down its older Nextel network. It also reported it sold 1.5 million iPhones in the quarter. The company, which is being bought out for $20 billion by Japan’s Softbank, reported today that it lost $767 million, or 26 cents per share, …

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