Sprint's Hesse: We have enough cash for turnaround

05/5/2009 | MocoNews.net

Sprint Nextel has been generating enough cash flow to give the troubled carrier three more years to complete its turnaround program, CEO Dan Hesse said Monday in an interview after release of the company's first-quarter earnings. "We have a lot of work left, but what we have been working on has been paying off. We've been making progress on a turnaround," Hesse said, adding that the company is not close to a network-outsourcing deal with Ericsson.

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