http://www.reuters.com/article/bondsNews/idUSWNAS875720080131NEW YORK, Jan 31 (Reuters) - Sprint Nextel Corp (S.N: Quote, Profile, Research) said on Thursday it will take a material goodwill impairment charge representing a substantial portion, and potentially all, of the $31 billion goodwill on its balance sheet.
The third-largest U.S. mobile service provider said in a regulatory filing that its initial assessment found that the net book value of its wireless unit exceeds fair value of the unit. Sprint said it has to conduct a second review to measure the size of any impairment charge.
...more...I think S/N is a crapweasel corporation and now it appears everyone else does also :eyes: