Sprint expected to undercut rivals' call plans
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No. 3 U.S. mobile service provider  Sprint Nextel Corp  is expected to offer flat-rate calling  plans at up to a 40 percent discount to its rivals, hurtling  the industry into a price war, analysts said on Wednesday.
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If Sprint Corp. does hook up with Nextel Communications Inc. -- or, as some observers suggest, Verizon Wireless -- the merger partners will face a multibillion dollar-strategic dilemma.
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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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Sprint Nextel Corp. is exploring new  options for funding its wireless broadband network to soothe  investor concerns about the cost, The Wall Street Journal  reported on Thursday.
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Sprint is near a deal to acquire Nextel Communications for more than $34 billion in a transaction that would lead to further consolidation in the rapidly changing telecommunications industry
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The US wireless market looks to be consolidating even further as Sprint and Nextel are close to terms on a merger, bringing the number of nation-wide US carriers down to four.
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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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Sprint Nextel  reported deeper-than-expected subscriber losses on Friday and said it would cut about 4,000 jobs, sending its shares down 19 percent to their lowest level in more than five years.
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If Sprint Corp. and Nextel Communications wind up merging late next year, don&#39;t expect the new Sprint Nextel to come roaring out of the gates with the kinds of massive service upgrades rolled out by the new Cingular Wireless LLC.
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Sprint Nextel , the No. 3 U.S.  mobile service, said on Friday it would cut about 4,000 jobs  within the company, close 125 stores and reduce its use of  outsourced services to improve its financial performance.
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The U.S.Âs biggest cellular providers look ready to expand their reach, reducing the chance that a new entrant might bring down prices.
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With its subscriber base declining, Sprint surely needs a lift in its heated competitive struggle with AT&T and Verizon Wireless. Could a newly unveiled deal with MySpace Mobile help do the job?
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Sprint is in talks with a number of cable television operators to offer shared mobile phone services, but said key details had yet to be agreed.
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Faced with growing pressure to upgrade their networks and compete with larger rivals, Sprint and Nextel Communications are poised to join forces in a $35 billion takeover that will give the combined entity a value of around $70 billion.
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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 lead to less competition and higher prices for wireless service.
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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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Merger talks between wireless carriers Sprint Corp. and Nextel Communications Inc. aren&#39;t sounding very jolly to one equipment supplier: Motorola Inc.