Sprint, Nextel to Merge
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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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Sprint Corp. on Wednesday agreed to  buy wireless telephone company Nextel Communications Inc. in a  cash and stock deal worth about $35.17 billion to gain more  business customers and more wireless airwaves to transmit  calls.
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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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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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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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Nextel Communications and Sprint Corp. reached a tentative agreement to merge, a deal that would create the nation&#39;s third-biggest cellular company, sources familiar with the deal said.
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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 &#36;38.45 billion to gain more business customers and more wireless airwaves to transmit calls.
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Wireless operators agree to $35 billion deal to create a new company that will be called Sprint Nextel. By Mobile Pipeline News. The merged company, which the companies positioned as a merger of equals, will be called Sprint Nextel.
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The widely expected merger between Sprint Corp and Nextel Communications has been agreed in a $36 billion deal likely to end Vodafone&#39;s chance of gaining an independent foothold in the American market.
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The proposed $35 billion merger of Sprint Corp. and Nextel Communications could mean changes for Kirkland-based Nextel Partners Inc.
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WASHINGTON/NEW YORK  - Sprint Corp. FON.N on  Wednesday said it will buy mobile telephone company Nextel  Communications Inc. NXTL.O for about $36 billion creating a  U.S. wireless carrier with nearly 40 million subscribers.
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Sprint (FON) and Nextel (NXTL) are in discussions to merge, with an eye to creating a wireless giant that could rival Cingular and Verizon Wireless in size and scope, according to two people with direct knowledge of the talks.
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PHILADELPHIA/NEW YORK  - Sprint Corp. is in  advanced talks to 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 service carriers, sources familiar with  the situation said on Friday.
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Sprint (FON:NYSE - news - research) and Nextel (NXTL:Nasdaq - news - research) have struck a tentative merger agreement, according to news reports.
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Sprint Corp., the No. 3 US mobile-phone company, and Nextel Communications Inc. are in talks about a possible merger, people familiar with the matter said.
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Now that wireless is officially a land of giants, what happens to all the Lilliputians? With Sprint and Nextel announcing their merger Wednesday â- $35 billion deal
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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.