Sprint Nextel merger confirmed
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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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Sprint and Nextel Communications could announce a &#36;35 billion merger this week in a deal that would forge a third goliath in the quickly consolidating wireless industry.  The union would complete Sprint's transformation from perennial also-ran in the troubled long-distance business.
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Nextel is reportedly in advanced merger talks with Sprint, a deal that would form the third largest US cell phone company. However, there were indications a third player, Verizon Wireless, might make a run
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Although a Sprint-Nextel combination is being characterized as a $36 billion merger of equals, published reports describe the emerging transaction as a purchase by Sprint.
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December 16, 2004 -- 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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Sprint (nyse: FON - news - people ) and Nextel Communications (nasdaq: NXTL - news - people ) said this morning that their boards have unanimously approved a &quot;merger of equals.
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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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Cell phone shoppers looking for new deals and features didn't find them yesterday, a day after Sprint Corp. and Nextel Communications Inc. announced a merger that the phone companies promised would shake up the wireless business.
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Sprint and Nextel reportedly reach a "tentative agreement" on a merger which will create the third largest mobile phone operator in the US.
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Sprint Nextel said yesterday it will acquire affiliate Northern PCS in a deal worth $312.5 million, the seventh such purchase for the wireless company in the past two years.
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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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Executives from SprintÂ and Nextel CommunicationsÂ took to a stage at the St. Regis Hotel in New York Wednesday to announce a definitive agreement to merge their two companies and create the third largest mobile phone company in the U.S.
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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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Sprint Corp. and Nextel Communications Inc. announced this morning that they will merge the companies in a deal that would create a new wireless telecommunications giant.-The Washington Post
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NEW YORK/WASHINGTON  - Sprint Corp. said Wednesday  it would buy mobile telephone company Nextel Communications  Inc. for about $36 billion, creating a U.S. wireless carrier  with nearly 40 million subscribers.
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NEW YORK/WASHINGTON  - Sprint Corp. FON.N said  on Wednesday it would 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 Corp.  said on Wednesday it would buy mobile telephone company Nextel Communications Inc.  for about &#36;36 billion, creating a U.S. wireless carrier with nearly 40 million subscribers.