Author Topic: Sprint sees substantial impairment charge  (Read 338 times)

Offline Josetann

  • admin
  • Administrator
  • Hero Member
  • *****
  • Posts: 10136
  • Karma: +0/-0
    • View Profile
Sprint sees substantial impairment charge
« on: January 31, 2008, 11:06:00 AM »
Net book value of wireless unit said to exceed its fair value; accounting adjustment could represent most of $31 billion goodwill on company's balance sheet.   Sprint Nextel said on Thursday it will take a material goodwill impairment charge representing a substantial portion, and potentially all, of the $31...

Click here to read the full article.