Sprint Credit Rating Cut to Junk

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 cor****ate 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?pid=20601204&sid=a5B54sB05zvI&refer=technology
http://tinyurl.com/66jaw7