Sprint, Nextel exploring merger; 40 million subscribers involved
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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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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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UPDATED: Sprint (Quote, Chart) and Nextel (Quote, Chart) have agreed to merge, to better compete with Cinglar and Verizon Wireless for voice and data customers.
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Round two of US wireless industry consolidation is officially under way, with Sprint Corp. and Nextel Communications Inc.making the much anticipated announcement that they have agreed to a $35 billion merger Wednesday, Dec.
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Sprint (FON:NYSE - news - research) and Nextel (NXTL:Nasdaq - news - research) confirmed a $35 billion merger Wednesday morning, going public with their definitive agreement despite reports that Verizon (VZ:NYSE - news - research) continues to weigh its
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SPRINT and Nextel Communications are expected early this week to announce a $70 billion (Â£36 billion) telecoms merger that will create Americaâs third-largest mobile-phone company, with 39m customers.
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Washington Post business columnist Steven Pearlstein will be online to discuss the merger of Sprint and Nextel Communications. In a column this morning, he wrote that consumers should should cheer the combination.
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Sprint, the No. 3 US mobile- phone company, and Nextel Communications are in early talks about a possible merger, people familiar with the matter said.
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Sprint has agreed to buy mobile telephone company Nextel Communications in a deal worth $35.17 billion, combining the No. 3 and No. 5 U.S. wireless carriers and creating a new company with about 40 million customers.
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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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A merger between Sprint and Nextel would create a powerful new cellular competitor with some 39 million customers.
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Wall Street was abuzz Friday over a potential merger between Sprint and Nextel, though the companies declined to comment on a slew of news reports that they are negotiating to combine to create a celluar provider that would almost rival Cingular Wireless
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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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Sprint Corp. said yesterday it will acquire Nextel Communications Inc. in a $35-billion deal that will create the nation&#39;s third-largest wireless phone carrier, Sprint Nextel.
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Sprint Corp. and Nextel Communications Inc. on Wednesday announced plans to merge, creating a more formidable rival to the two largest US mobile operators, and a large wireline communications company supporting
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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 the development of technology for
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The cellular telephone industry&#39;s game of musical chairs has started again, and the music may soon stop with one less chair. Nextel Communications is in advanced talks to merge with Sprint, according to executives involved in the negotiations.