Sprint and Nextel set deadline for finishing deal
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Sprint or Nextel Communications, the two US mobile phone network companies that agreed to a $35bn merger earlier this week, have set a December 31 2005 deadline to complete the deal.
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Sprint Corp. appears to be on the verge of the boldest move of CEO Gary Forsee&#39;s 18-month tenure: A $36 billion merger with rival wireless company Nextel Communications Inc.
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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.
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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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Dec. 15--NEW YORK -- Sprint Corp. announced Wednesday that it has agreed to acquire smaller mobile phone rival Nextel Communications Inc.
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Sprint and Nextel reportedly reach a "tentative agreement" on a merger which will create the third largest mobile phone operator in the US.
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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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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 - the US&#39;s third biggest mobile telco - and fifth-place rival Nextel are reportedly in talks about a possible merger. The deal would create a carrier with approximately 39m subscribers and a market value of around $70bn.
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Sprint Nextel Corp., the nation's third-largest wireless provider, said Thursday it will have to write off a significant chunk of the remaining value of its 2005 purchase of Nextel Communications Inc. and several affiliates, reflecting the continued struggles of its wireless operations.
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On 15 December 2004, Sprint and Nextel announced a definitive agreement to merge. The combined companies will operate under the name Sprint Nextel.
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Description: Sprint is about to acquire Nextel in a telecom merger that would create the nation&#39;s third-largest wireless company.
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WASHINGTON  - Sprint and Nextel reached tentative agreement on a merger of the two wireless telecom groups in a deal worth an estimated 34.8 billion dollars, reports said.
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Shares of Sprint Corp.  FON.N  jumped on Friday as the telephone company continued merger  negotiations with Nextel Communications Inc. NXTL.O for a  deal that would combine the No. 3 and No. 5 U.S. wireless  service carriers.
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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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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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Sprint Corp. and Nextel Communications Inc. have tentatively agreed to economic terms of a merger of equals that would create a third giant cellular carrier with nearly 39 million subscribers