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YRC Worldwide Extends its Swap Scheme Deadline

YRC Worldwide Extends its Swap Scheme Deadline

Troubled U. S. trucker YRC Worldwide is expected to increase its deadline, for the sixth time, till 11.59 pm EST Wednesday, of swapping the debt with equity as its union had pushed the banks and bond holders in order to keep the company moving.

WSJ report: Sprint to outsource cellular network management to Ericsson

Sprint to outsource cellular network management to Ericsson

Going by The Wall Street Journal news, contributed by unnamed yet "in the know" sources, the careworn cell phone operator Sprint Nextel Corp is negotiating a deal with Telefon AB L. M. Ericsson, whereby the equipment vendor will manage Sprint's cellular network, and accommodate 5,000 to 7,000 of Sprint's US employees.

Sprint announces 3G/4G dual-mode modem for laptops

According to an announcement by Sprint Nextel on Wednesday, the company start selling dual-mode 3G/4G wireless broadband modems for laptops beginning December 21. The laptop modem that will operate on both Sprint's 4G WiMax service, and the company's 3G cellular network.

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