Sprint up after report of SK Telecom's interest
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SEOUL/NEW YORK  - Shares in Sprint Nextel Corp.  surged in Monday U.S. after-hours trade following a report that South Korea's top telecoms operator, SK Telecom Co., was preparing to bid for the No. 3 U.S. wireless firm.
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South Korea's SK Telecom denied reports that it is preparing a takeover bid for Sprint Nextel.
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SK Telecom denies interest in Sprint Nextel.
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Research in Motion Ltd    shares rose more than 3 percent on Thursday on renewed  market speculation that Microsoft Corp  could be  interested in buying the BlackBerry maker.
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Stock index futures rose on Monday, boosted by takeover news in the telecommunications sector and before a report on manufacturing activity that could give clues on the outlook for profits.
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U.S. stocks rose on Wednesday as  wireless carrier Sprint Corp.'s FON.N acquisition of Nextel  Communications Inc. NXTL.O boosted investor hopes for more  mergers.
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Sprint Nextel Corp &lt;S.N&gt;, which recently said it would spend up to $5 billion on a mobile high-speed wireless standard by 2010, said it had awarded the New York WiMax market to Samsung Electronics Co. Ltd. &lt;005930.KS&gt;.
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The mobile phone giant says its next results will now be better than expected, thanks to a boost in handset sales.
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Stocks were set for a slightly higher  open on Wednesday, boosted by wireless carriers Sprint Corp.  FON.N and Nextel Communications Inc. NXTL.O, which agreed  to combine in a deal worth about $35 billion.
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European equity markets were higher on Tuesday as sentiment was boosted in the telecoms sector after an upgrade for Vodafone, while steelmakers were lifted by merger speculation.
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Sprint Nextel Corp , which recently  said it would spend up to $5 billion on a mobile high-speed  wireless standard by 2010, said it had awarded the New York  WiMax market to Samsung Electronics Co. Ltd. (005930.KS).
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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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Shares of Sprint Corp. and Nextel Communications Inc. jumped again on Friday as the telephone companies continued negotiations on a merger that would combine the No.
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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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Shares of Sprint Corp. and Nextel Communications Inc. rose after reports that the US mobile-phone companies are in merger talks. The combined company would be worth about $70 billion, financial
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SEOUL/NEW YORK  - Shares in Sprint Nextel Corp.  surged as much as 16 percent in afterhours trade after a media report South Korea's SK Telecom Co.  was preparing to bid for the No. 3 U.S. wireless company. Shares in South Korea's top mobile phone operator also jumped as much as 4 percent early on Tuesday following the report.
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The shares of Chinese telecoms companies listed in Hong Kong surged yesterday on what the industry's regulator and a government researcher called speculative reports about the long-awaited introduction of 3G mobile services.