Sprint and Nextel in talks of a merger
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Sprint Corp. and Nextel Communications Inc. may soon be expected to join their efforts in the mobile phone industry merging to create a company with 33 million customers and joined market value of about $35 billion.
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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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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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Shares of Sprint Corp. and Nextel Communications Inc. jumped yesterday following reports the two telephone companies were discussing a merger.
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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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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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NEW YORK - Sprint Corp. and Nextel Communications Inc. have agreed to merge in a deal that would create the nationâs third largest wireless telephone provider.
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Citing "sources familiar with the situation," Reuters is reporting that Sprint is in advanced talks to buy Reston-based Nextel in a mostly stock deal that would combine the No. 3 and No. 5 U.S. wireless service carriers.
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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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Verizon Communications Inc. has  eyed a potential acquisition of Sprint Corp. FON.N, but has  no imminent plans to make a bid, people familiar with the  situation said on Tuesday.
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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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SAN FRANCISCO (CBS.MW) -- Shares of wireless carriers Nextel and Sprint rose Thursday after the Wall Street Journal reported that the companies are discussing a merger.
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Sprint Corp. is close to an agreement to buy Nextel Communications Inc. for about &#36;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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Sprint Corp.&#39;s enterprise operation, including its nationwide fiber-optic network, suddenly is looking like a swan and not a lame duck, as Verizon Wireless assesses the possibility of making a bid for Sprint in the boiling cell-phone merger scene.
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The proposed merger of Sprint Corp. and Nextel Communications Inc. could face a shaky start as the companies work to run and eventually merge two wireless technologies without losing a ton of money or customers.
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US mobile telephone groups Sprint and Nextel are engaged in merger talks which could create the third-biggest US mobile operator worth some 30 billion dollars, according to reports.
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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.