Sprint Near Deal to Buy Nextel for $34 Billion
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Sprint is near a deal to acquire Nextel Communications for more than $34 billion in a transaction that would lead to further consolidation in the rapidly changing telecommunications industry
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Sprint and Nextel Communications could announce a &#36;35 billion merger this week in a deal that would forge a third goliath in the quickly consolidating wireless industry.  The union would complete Sprint's transformation from perennial also-ran in the troubled long-distance business.
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Sprint Corp. is in advanced talks to buy Nextel Communications Inc. for more than $36 billion in a mostly stock deal, sources familiar with the situation said today.
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Sprint has agreed to buy mobile telephone company Nextel Communications in a deal worth $35.17 billion, combining the No. 3 and No. 5 U.S. wireless carriers and creating a new company with about 40 million customers.
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The merger of Sprint Corp. and Nextel Communications, unveiled last week in a deal valued at more than $35 billion, is likely to spur deployment of broadband wireless services as three giant
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Shares of Sprint Corp.   jumped on Friday as the telephone company continued merger negotiations with Nextel Communications Inc.  for a deal that would combine the No. 3 and No. 5 U.S. wireless service carriers.
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Nextel is reportedly in advanced merger talks with Sprint, a deal that would form the third largest US cell phone company. However, there were indications a third player, Verizon Wireless, might make a run
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Reports that Sprint Corp. may be close to a $36 billion takeover of Nextel Communications Inc. yesterday alarmed consumer advocates, who predicted it would
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PHILADELPHIA/NEW YORK  - Sprint Corp. is in  advanced talks to buy Nextel Communications Inc. for more than  $36 billion in a mostly stock deal that would combine the No. 3  and No. 5 U.S. wireless service carriers, sources familiar with  the situation said on Friday.
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Sprint Corp. on Wednesday agreed to  buy wireless telephone company Nextel Communications Inc. in a  cash and stock deal worth as much as $38.45 billion to gain  more business customers and more wireless airwaves to transmit  calls.
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Sprint said Wednesday it had reached an agreement with Northern PCS of Minnesota to acquire the company for $312.5 million in a continuing effort to appease regional affiliates that objected to its merger with Nextel in 2005.
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LONDON - US cellular operators Sprint and Nextel have confirmed they are planning a $35 billion merger to create the third largest mobile carrier with almost 40m subscribers, behind Cingular, the market leader, and Verizon Wireless, a joint venture
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SPRINT and Nextel Communications are expected early this week to announce a $70 billion (Â£36 billion) telecoms merger that will create Americaâs third-largest mobile-phone company, with 39m customers.
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Sprint Corp. agreed to buy Nextel Communications Inc. for about $35 billion in a transaction that would leave three companies in control of 70 percent of the US mobile-telephone market.
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Although a Sprint-Nextel combination is being characterized as a $36 billion merger of equals, published reports describe the emerging transaction as a purchase by Sprint.
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Sprint and Nextel announced plans for a $36 billion merger Wednesday, creating a new major wireless phone power with a customer base to challenge its two larger rivals.
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A Sprint-Nextel merger could be announced soon. Will a deal be bad news for consumers and investors? NEW YORK (CNN/Money) - And then there were four?