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Short Take: Sprint Spectrum drops estimate

Sprint Spectrum dropped its estimate of the number of U.S. cities where it will provide personal communications services by year's end. The venture of Sprint, Tele-Communications (TCI), Comcast, and Cox Communications said it will be in five to ten markets by January, down from its original estimate of 20 to 25. The company said, "The primary reason is Nortel is still testing the system software," as reported by Bloomberg.

Sprint Spectrum dropped its estimate of the number of U.S. cities where it will provide personal communications services by year's end. The venture of Sprint, Tele-Communications (TCI), Comcast, and Cox Communications said it will be in five to ten markets by January, down from its original estimate of 20 to 25. The company said, "The primary reason is Nortel is still testing the system software," as reported by Bloomberg.