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Telecomunicaciones y tecnología

Sprint arranges $1 billion credit to buy Ericsson gear


    NEW YORK (Reuters) - Sprint Nextel said on Tuesday that it had arranged a credit facility of $1 billion to buy network equipment from Ericsson for its high-speed wireless project.

    The No. 3 U.S. mobile provider said it entered the credit agreement, which expires in March 2017, with Deutsche Bank and a syndicate of other banks.

    (Reporting By Sinead Carew; editing by John Wallace)