Level 3 to buy Sprint&#39;s modem pools for $34 million
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BROOMFIELD, Colo. - Level 3 Communications Inc. said Friday it agreed to buy the wholesale dial-up Internet access business of Sprint Corp.
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PHILADELPHIA/NEW YORK  - Sprint Corp. is close to  an agreement to buy Nextel Communications Inc. for about $35  billion in a mostly stock deal that would combine the No. 3 and  No. 5 U.S. wireless telephone companies, sources familiar with  the situation said on Friday.
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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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Sprint Corp. on Wednesday agreed to  buy mobile telephone company Nextel Communications Inc. in a  deal worth $36.3 billion to gain more business customers and  more airwaves to transmit calls.
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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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Sprint Nextel said yesterday it will acquire affiliate Northern PCS in a deal worth $312.5 million, the seventh such purchase for the wireless company in the past two years.
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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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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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Telecommunications giant Sprint Corp. is acquiring Nextel Communications Inc. in a &#36;35 billion deal that would create the nation's third largest wireless telephone service provider.
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Sprint Corp. and cable television provider Mediacom Communications Corp. announced an agreement Wednesday that will allow Sprint to offer Internet telephone service to Mediacom&#39;s 2.7 million household subscribers.
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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 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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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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Merrill Lynch reiterated a &quot;buy&quot; rating on Sprint (nyse: FON - news - people ) and raised the target price to $27 from $23.50.
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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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December 16, 2004 -- 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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Sprint Corp. announced plans yesterday to buy Nextel Communications Inc. for about $35 billion in a deal that could give consumers better service but leave them with higher bills due to less competition.