Verizon&#39;s Sprint Bid Faces Hurdles
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If the deal were completed, it would vault Verizon Wireless -- currently the No. 2 wireless company in the US -- into the top position with more than 65 million customers.
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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?
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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 lead to less competition and higher prices for wireless service.
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When Sprint and Nextel Communications merge, they will be competing against their much larger rivals, Cingular Wireless and Verizon Wireless.
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Vodafone recently considered making a full offer for Verizon Communications (NYSE:VZ) in an attempt to break the impasse over the future of its stake in US mobile phone operator Verizon Wireless.
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OVERLAND PARK, Kan.  - For Sprint, "winning" is a relative term. After a string of dismal quarters, Wall Street would be happy if CEO Dan Hesse could just stop Sprint's bleeding. But Hesse is preparing for war against his telecom rivals, with an arsenal packed with "nukes" - Hesse-speak for anything that has the potential to disrupt the status quo in wireless. One possibility under consideration: flat-rate pricing for unlimited voice calls.
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Sprint&#39;s acquisition of Nextel Communications is fueling speculation of more deals to come in a telecommunications industry roiled by intense competition and rapid technological change.
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Verizon (VZ:NYSE - news - research) reportedly is weighing a bid for Sprint (FON:NYSE - news - research) after Vodafone (VOD:NYSE - news - research), with which it jointly owns Verizon Wireless, signed off on the move.
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Well, we tried not to talk about the rumored merger of Sprint and Nextel that was supposed to go down this week because we couldn&#39;t find any corroborating witnesses, but now that Verizon may have thrown a monkey wrench into the works, TelecomWeb will jump
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With a major hurdle out of the way but a few more tough ones up ahead, Oracle&#39;s bid to buy PeopleSoft could boil down to one question: What price is right?
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Sprint Nextel Corp. is exploring new  options for funding its wireless broadband network to soothe  investor concerns about the cost, The Wall Street Journal  reported on Thursday.
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With its subscriber base declining, Sprint surely needs a lift in its heated competitive struggle with AT&T and Verizon Wireless. Could a newly unveiled deal with MySpace Mobile help do the job?
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PeopleSoft investors keep $9.2 billion bid in play, but the deal still faces hurdles.
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Verizon Communications has reportedly gained the backing of its wireless partner, Vodafone Group, for a potential bid for Sprint Corp, clearing a major hurdle to such a deal.
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Sprint Nextel, which has struggled to attract customers with marketing criticized as confusing and unfocused, will try again when it rolls out new advertising this weekend.
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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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One way or the other, the U.S. wireless phone industry is headed for further consolidation. Reports yesterday that Nextel and Sprint are in merger talks had Wall Street swooning and consumer advocates worrying. -washingtonpost.com