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On December 15, 2004, Sprint Corporation and Nextel Communications announced they would merge to form Sprint Nextel Corporation. [51] The merger was transacted as a purchase of Nextel Communications by Sprint Corporation for tax reasons; Sprint purchased 50.1 percent of Nextel. At the time of the merger announcement, Sprint and Nextel were the ...
The announcement this morning of a $25.5 billion offer from Dish Network Corp. (NASDAQ: DISH) for Sprint Nextel Corp. (NYSE: S) has pushed Sprint stock up by double digits. Part of Sprint's value ...
In 2003, Verizon Wireless and Sprint PCS each launched push-to-talk features, with Cingular following in 2005. None have gained significant traction. Nextel and Verizon had entered a legal battle in June 2003 over Verizon's advertising for their push-to-talk feature. The companies reached a settlement in early 2004.
The ongoing merger (or majority stake) saga at Sprint Nextel Corp. (NYSE: S) may finally be coming to a close. The analysts at Argus feel confident that the Softbank/Sprint merger has a reasonably ...
Sprint Nextel (S) shares battled back Tuesday after being pummeled by AT&T's surprise $39 billion T-Mobile merger announcement the day before. While the nation's No. 3 carrier doesn't have a sexy ...
Before the Sprint merger, Craig McCaw was the largest shareholder of the company with a majority of the shares. [ 20 ] On May 7, 2008, Clearwire and Sprint Nextel 's wireless broadband unit Xohm announced their intent to merge, combining Sprint's 4G WiMAX network (Xohm) with Clearwire's existing pre-WiMAX broadband network.
The wireless consolidation is still not over. Among the latest acquisitions is Verizon's agreement to buyout longtime partner Vodafone's 45% share in Verizon Wireless. Just before this we saw both ...
Reports suggest Sprint Nextel may be considering an offer for T-Mobile US . While a combination between the third and fourth largest U.S. wireless providers might be If Sprint and T-Mobile Merge ...