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Old 05-08-2008, 10:03 PM
jgrove24@hotmail.com
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Default Re: Sprint Credit Rating Cut to Junk

On May 1, 11:26 pm, DTC <m...@nothingtoseehere.zzx> wrote:
> And I so wanted to go back to Sprint from AT&T.
>
> [snipped from bloomberg.com ]
>
> Sprint Credit Rating Cut to Junk at Standard & Poor's
>
> May 1 (Bloomberg) -- Sprint Nextel Corp., the U.S. wireless company
> that lost more than a million contract customers last year, had its
> credit rating cut to junk by Standard & Poor's.
>
> The carrier's corporate credit and senior unsecured debt ratings were
> lowered two levels to BB from BBB- because of its deteriorating
> operating performance, S&P said today in a statement.
>
> http://www.bloomberg.com/apps/news?p...url.com/66jaw7


When the CEO has to beg in TV ads, the downward spiral has commenced.
Send Xmas greetings to Dan@McDonalds.com

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