For Nextel, Merger Is Time Of Trepidation
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As details of the rumored merger between Sprint Corp. and Nextel Communications Inc. were being finalized behind closed doors late Tuesday, Miguel Avila, who heads Nextel's Hispanic marketing, summed up the mood of employees at the company's Reston headquarters.
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The merger of Sprint Corp. and Nextel Communications, unveiled last week in a deal valued at more than $35 billion, is likely to spur deployment of broadband wireless services as three giant
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As expected, Sprint Corp. and Nextel Communications announced their &quot;merger of equals&quot; Wednesday--with Sprint as the slightly dominant partner--and revealed some unexpected details of the combine: Nextel&#39;s
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The freewheeling wireless industry, known for its upstarts and edgy competition, got a little more run-of-the-mill Wednesday when Sprint and Nextel Communications formally announced a merger
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Nextel Communications is in advanced talks to merge with the Sprint Corporation, a deal that would form the third largest cellphone company in the nation.
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NEW YORK  -  When cellphone giants Sprint and Nextel merged in 2005, investors had a lot of hope for the combined company.
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Sprint Corp.&#39;s agreement to buy Nextel Communications Inc., in a $35 billion deal unveiled yesterday, will shake up the mobile phone market and create the third largest US wireless service provider.
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Sprint and Nextel, two of the top five US mobile phone carriers, are negotiating a merger, say people close to the proposed deal. The combined company would be worth about $70bn.
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PHILADELPHIA/NEW YORK  - Sprint Corp. is close to  an agreement buy Nextel Communications Inc. for more than $36  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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PHILADELPHIA/NEW YORK  - 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. 3 and  No. 5 U.S. wireless telephone companies, sources familiar with  the situation said on Friday.
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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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Sprint Corp.'s &#36;35 billion acquisition of Nextel Communications Inc. could challenge Cingular Wireless and Verizon Wireless for supremacy in a ruthlessly competitive business where prices are constantly dropping.
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Struggling electronics firm considers breaking itself up in a move that could reshape the mobiles industry
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On the one hand, you can look at Verizon's dumping of rural New England business as a kind of red-lining. On the other hand, listen to what the company picking up the dumped business says it wants to do. According to the Boston Globe,  ...the merger will likely benefit rural customers by putting them in the hands of a company that specializes and focuses on rural markets, according to John Byrne, analyst at Technology Business Research in New Hampshire. \
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The merger deal between Sprint and Nextel, which reportedly has not been finalized, is being described as a merger of equals that would create the third largest US cellular carrier with nearly 39 million subscribers.
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A Sprint-Nextel merger could be announced soon. Will a deal be bad news for consumers and investors? NEW YORK (CNN/Money) - And then there were four?
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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.