Update 1: Level 3 Buys Sprint&#39;s Internet Unit
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Level 3 Communications Inc., a provider of integrated communications services, said on Friday that it acquired telecommunications giant Sprint Corp.
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BROOMFIELD, Colo. (Dow Jones/AP) -- Level 3 Communications Inc. said Friday it agreed to buy the wholesale dial-up Internet access business of Sprint Corp.
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Sprint Corp.&#39;s agreement to buy Nextel Communications Inc., in a $35 billion deal unveiled yesterday, will shake up the mobile phone market and create the third largest US wireless service provider.
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Officials from Sprint and Nextel Communications today announced a definitive agreement to merge their two companies, creating the third-largest mobile phone company in the U.S.
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Sprint Corp., which is based in Kansas and also conducts business in the Wichita area, has sold its wholesale dial-up Internet access business to Level 3 Communications Inc.
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US mobile firm Sprint has detailed what it will spend on upgrading its network and getting it ready for 3G services. The big winners are Lucent, which gets $1.5bn over three years, Nortel, which gets $1bn
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KANSAS CITY, Mo. -- Sprint Corp. and cable television provider Mediacom Communications Corp. made public an agreement yesterday that will allow Sprint to offer Internet telephone service to Mediacom's 2.7 million household subscribers.
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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 &#36;38.45 billion to gain more business customers and more wireless airwaves to transmit calls.
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NEW YORK - Just two months after the announcement that Cingular Wireless will acquire AT&amp;T Wireless, Sprint has announced that it plans to buy Nextel Communications for $35 billion.
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Bolstered by its fast-growing wireless business, Sprint reported solid third-quarter results Tuesday that beat Wall Street's expectations by 3 cents a share. Sprint also took a &#36;3.5 billion charge to write down network equipment that's been rendered obsolete.
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Level 3 today announced that it has purchased Sprint&#39;s wholesale dial-up Internet access business for $34 million in cash. Sprint is one of the largest providers of wholesale dial-up service to ISPs in North America.
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Sprint said on Friday it has made a deal that will let it nearly double the number of places it offers short-range wireless Internet connections.
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Today probably comes as little surprise to anyone. Sprint (NYSE: FON) will purchase Nextel (Nasdaq: NXTL) for $35 billion, resulting in a company that will be called -- you guessed it -- Sprint Nextel.
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Sprint Corp. said Wednesday it would buy mobile telephone company Nextel Communications Inc. for about &#36;36 billion, creating a U.S. wireless carrier with nearly 40 million subscribers.
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Sprint Corp. on Wednesday agreed to  buy wireless telephone company Nextel Communications Inc. in a  cash and stock deal worth about $35.17 billion to gain more  business customers and more wireless airwaves to transmit  calls.
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Through a deal with rival SBC Communications Inc., Sprint Corp. will almost double the number of places subscribers can wirelessly log on to the Internet at high speeds, according to a report from the Kansas City Business Journal.
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Well, it looks like things are getting a bit more interesting regarding the Sprint/Nextel deal. It seems that Vodafone, which owns 45% of Verizon Wireless in the US, is supporting a move by Verizon to potentially buy Sprint PCS.