Sprint up after report of SK Telecom&#39;s interest
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Shares in Sprint Nextel Corp.   surged as much as 16 percent in afterhours trade after a  media report South Korea&#39;s SK Telecom Co. (017670.KS) was  preparing to bid for the No. 3 U.S. wireless company. Shares in  South Korea&#39;s top mobile phone operator also jumped as much as  4 percent early on Tuesday following the report.
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Cingular Wireless, the No. 1 U.S.  mobile service provider, said on Thursday second-quarter net  income and revenue rose as it added new subscribers at a rate  that was better than expected.
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By Jason Gertzen, The Kansas City Star, Mo. Jun. 1--Sprint Nextel Corp. received what could be billions of dollars worth of good news from federal officials Thursday. The U.S. General Services Administration said a Sprint unit called Sprint Solutions Inc.
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Despite Sprint's financial trouble, its current WiMAX efforts appear promising, according to one In-Stat analyst.
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Shares in MCI climb on speculation that rival phone firm Qwest has tabled a $6.3bn takeover offer.
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Research in Motion Ltd    moved higher on Thursday on renewed market speculation  that Microsoft Corp  could be interested in buying the  BlackBerry maker.
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Sprint Corp., FON.N  the No. 3  U.S. wireless telephone service company, on Monday said its  2004 results would meet its prior estimates, and also released  an outlook for earnings and revenues in 2005.
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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 agreed on Wednesday to buy Nextel Communications for about $35 billion, doubling its customers and bolstering its No. 3 position in the US wireless industry.
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Sprint (nyse: FON - news - people ) President and Chief Operating Officer Len Lauer also had overseen the telecom&#39;s consumer division.
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Standard &amp; Poor&#39;s on Wednesday raised its ratings on AT&amp;T Wireless Services following its acquisition by Cingular Wireless, a joint venture of SBC Communications Inc.
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The latest monthly data has carriers' shares lifting higher.
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Sprint plans to accelerate efforts to get business customers to move to wireless and Internet services. &quot;This strategy plays to our strengths by advancing our broad portfolio of wireline and
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Sprint Corp.&#39;s acquisition of Nextel Communications Inc. might result in more jobs in the company&#39;s local telephone service segment.
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By Mark Harrington And James Bernst, Newsday, Melville, N.Y.  Sep. 19--Shares of Symbol Technologies Inc. rose more than 15 percent  yesterday, as some speculated the Holtsville mobile computer and bar-code  scanner giant was closing in on finding a possible suitor.
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Shares of Sprint Nextel Corp  rose over 3.5 percent on Friday as investors reacted to market speculation the No. 3 U.S. mobile service could be sold to Britain's BT Group , but analysts were skeptical.
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Sprint Nextel Corp  on Wednesday  posted a higher fourth-quarter profit as revenue rose despite  weak customer growth.