<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f8617812-3b02-4cd6-b4fa-c3c2dfa27500/4CC65E33-5FA4-4785-A7A6-0AC9CF7F2300/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://tech.yahoo.com/news/ap/20090709/ap_on_hi_te/us_tec_sprint_nextel_ericsson" href="http://tech.yahoo.com/news/ap/20090709/ap_on_hi_te/us_tec_sprint_nextel_ericsson" style="font-size: 11px;">tech.yahoo.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://tech.yahoo.com/news/ap/20090709/ap_on_hi_te/us_tec_sprint_nextel_ericsson"><SPAN id="lw_1247172980_0" class="yshortcuts">Sprint Nextel Corp</SPAN>. on Thursday announced it will transfer operation of its wireless and wireline networks to Swedish telecommunications equipment maker LM Ericsson.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://tech.yahoo.com/news/ap/20090709/ap_on_hi_te/us_tec_sprint_nextel_ericsson"><P>The seven-year deal, valued between $4.5 billion and $5 billion, will transfer about 6,000 Sprint employees later this year to an Ericsson-owned subsidiary, based at Sprint's <SPAN id="lw_1247172980_1" class="yshortcuts">Overland Park, Kan</SPAN>., headquarters. About 2,000 of the employees are currently based in the Kansas City area with the remainder spread across the country.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://tech.yahoo.com/news/ap/20090709/ap_on_hi_te/us_tec_sprint_nextel_ericsson"><P>Sprint officials stressed that the nation's third-largest wireless provider will maintain ownership and control of its network, including future investment and strategy, while Ericsson provides day-to-day maintenance and monitoring of the network of cell towers and call switching equipment.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/4CC65E33-5FA4-4785-A7A6-0AC9CF7F2300/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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