Sprint Nextel’s higher than expected capex guidance of $6.3-billion could be good news for Nortel, which is a key supplier for Sprint’s local business and has 25% to 30% of Sprint Nextel’s CDMA footprint.
Sprint Capex Bodes Well For Nortel
Sprint Nextel’s higher than expected capex guidance of $6.3-billion could be good news for Nortel, which is a key supplier for Sprint’s local business and has 25% to 30% of Sprint Nextel’s CDMA footprint.