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Sprint Will Reveal IPhone Cost to Fix ‘Mistake’
Posted: 12-Oct-2011 [Source: Bloomberg]

[Sprint Chairman says the board supports the management team and they will fix the lack of financial disclosure regarding the iPhone and the relationship with Clearwire.]

By Scott Moritz (Bloomberg) -- "Sprint Nextel Corp. (S) Chairman James Hance said the company made a mistake in failing to disclose the future costs of selling Apple Inc. (AAPL)’s iPhone and it will provide the information this month."

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