Sprint-Nextel Deal Talk Sparks Concern
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The prospect of a deal between Sprint and Nextel Communications sparked concerns on Friday about a shrinking U.S. market for mobile network equipment, sending shares of Nextel's key supplier Motorola Inc.  down almost 8 percent.
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With last week&#39;s $35 billion merger deal between Sprint and Nextel looming, agents and solution providers are taking stock of their relationships with service providers.
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Nextel Communications is in advanced talks to merge with the Sprint Corporation, a deal that would form the third largest cellphone company in the nation.
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US mobile operators Sprint and Nextel are in talks about a $70bn merger (Â£36bn) according to newspaper reports. The deal would create the country&#39;s third-biggest mobile operator which would have 38.5 million
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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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DECEMBER 20, 2004  - Last week&#39;s merger deal between Sprint Corp. and Nextel Communications Inc. continues a consolidation trend among wireless carriers that could help lower prices and bolster
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SpectraSite isn&#39;t in the room, but the Cary company could have much at stake in the merger talks between Nextel and Sprint. The two mobile-phone companies are discussing a
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DECEMBER 10, 2004 (REUTERS) - 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.
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Shares of Sprint Nextel Corp   rose over 3.5 percent on Friday as investors reacted to market  speculation the No. 3 U.S. mobile service could be sold to  Britain&#39;s BT Group , but analysts were skeptical.
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Sprint Corp.'s &#36;35 billion acquisition of Nextel Communications Inc. could challenge Cingular Wireless and Verizon Wireless for supremacy in a ruthlessly competitive business where prices are constantly dropping.
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KANSAS CITY, Mo. - Verizon Communication Inc.&#39;s wireless partner on Tuesday distanced itself from discussions on a potential bid for Sprint Corp.
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With Wall Street singing the praises of a possible Sprint (FON:NYSE - news - research)-Nextel (NXTL:Nasdaq - news - research) merger, some wireless fans say they can hear overtures for other players.
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Sprint Corp. and Time Warner Cable are discussing a deal that would allow the cable provider to offer cell phone service, the companies said Wednesday.
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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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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
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Faced with growing pressure to upgrade their networks and compete with larger rivals, Sprint and Nextel Communications are poised to join forces in a $35 billion takeover that will give the combined entity a value of around $70 billion.
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update Verizon Communications has no imminent plans to bid for Sprint, people familiar with the situation said Tuesday, toppling a potential obstacle to Sprint&#39;s $37.8 billion bid for Nextel Communications.