Sprint agrees to buy Nextel; now comes the hard part
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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 Corp. agreed to buy Nextel Communications Inc. for about $35 billion in a transaction that would leave three companies in control of 70 percent of the US mobile-telephone market.
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OVERLAND PARK, Kan. Dec 15, 2004 - Sprint Corp. and Nextel Communications Inc. said Wednesday that their boards have unanimously approved a &quot;merger of equals&quot; transaction, in which each company&#39;s shareholders
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Sprint&#39;s negotiations to buy Nextel have ignited fears that Motorola will lose its exclusive deal to supply phones and equipment to Nextel.
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Wireless telephone company Nextel Communications confirmed Wednesday it is being bought by rival Sprint in a cash and stock deal said to be worth more than $35-billion US.
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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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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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Sprint and Nextel Communications agreed Wednesday to a merger that will create the third largest US wireless company. The stock-cash deal has an estimated value of more than $35 billion, depending on the value
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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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Sprint (FON:NYSE - news - research) chief Gary Forsee is billing the Nextel (NXTL:Nasdaq - news - research) deal as strength building on strength.
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A marriage of Nextel Communications and Sprint could mean significant change for Kirkland-based Nextel Partners as well. Sprint and Nextel Communications are reportedly close to a deal that would create the third-largest US wireless carrier.
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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. on Wednesday agreed to  buy wireless telephone company Nextel Communications Inc. in a  cash and stock deal worth as much as $38.45 billion to gain  more business customers and more wireless airwaves to transmit  calls.
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Sprint Corp. on Wednesday agreed to  buy mobile telephone company Nextel Communications Inc. in a  deal worth $36.3 billion to gain more business customers and  more airwaves to transmit calls.
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Sprint and Nextel Communications have signed a merger agreement. The combined company, which will adopt the name Sprint Nextel, will serve nearly 40 million wireless customers.
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In todayâs Wall Street Journal is the news [paid subscription req.] that Sprint and Nextel are moving forward with the planned merger, despite a possible threat from #2 wireless carrier Verizon Wireless.
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WASHINGTON - Nextel Communications Inc. and Sprint Corp. reached a tentative agreement to merge, a deal that would create the nationâs third-largest cellular company.