Sprint Near Deal to Buy Nextel -Sources
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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.
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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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NEW YORK - Sprint Corp. is buying Nextel Communications Inc. in a $35-billion US deal that will create the third-largest wireless phone company in the US.
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Nextel Communications and Sprint are negotiating a possible merger, according to a source familiar with the discussions. It was not clear how far the talks had progressed, and
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Sprint and Nextel Communications could unveil their $36 billion merger within a few days, but speculation has intensified about the emergence of a rival bid.
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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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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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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.
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Reports that Sprint Corp. may be close to a $36 billion takeover of Nextel Communications Inc. yesterday alarmed consumer advocates, who predicted it would
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Nextel and Sprint are in talks that could lead to a merger between the two mobile phone operators, sources close to the discussions said on Thursday.
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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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The merger deal between Sprint and Nextel, which reportedly has not been finalized, is being described as a merger of equals that would create the third largest US cellular carrier with nearly 39 million subscribers.
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Nextel Communications and Sprint Corp. reached a tentative agreement to merge, a deal that would create the nation&#39;s third-biggest cellular company, sources familiar with the deal said.
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Nextel Communications Inc. and Sprint Corp. reached a tentative agreement to merge, a deal that would create the nation's third-biggest mobile-phone company and could bring significant changes to Nextel's Reston headquarters.
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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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Verizon Communications Inc. VZ.N  has no imminent plans to bid for Sprint Corp. FON.N, people  familiar with the situation said on Tuesday, toppling a  potential obstacle to Sprint's $37.8 billion bid for Nextel  Communications Inc. NXTL.O.
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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.