Verizon May Bid on Sprint, Scuttling Nextel Deal
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Mobile network giant Vodafone Group declined to comment today on a report that it was backing a bid by US partner Verizon Communications to buy Sprint.
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The $35 billion merger of Sprint and Nextel announced Wednesday may make consumers jittery about rising prices in a consolidating industry, but experts say the remaining players will still wage a tough fight for every customer.
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Verizon Communications has no imminent plans to bid for Sprint, people familiar with the situation said Tuesday, lifting a potential obstacle to Sprint&#39;s bid for Nextel Communications.
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Sprint is considering options such as spinning off its WiMAX business and taking on partners in an effort fimd its nationwide wireless broadband network.
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Sprint, the No. 3 US mobile- phone company, and Nextel Communications are in early talks about a possible merger, people familiar with the matter said.
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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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SpectraSite isn&#39;t in the room, but the Cary company could have much at stake in the merger talks between Nextel and Sprint. The two mobile-phone companies are discussing a
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If Sprint Corp. does hook up with Nextel Communications Inc. -- or, as some observers suggest, Verizon Wireless -- the merger partners will face a multibillion dollar-strategic dilemma.
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Nextel and Sprint are in talks that could lead to a merger between the two mobile phone operators, sources close to the discussions said on Thursday.
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Verizon Communications has gained the  backing of partner Vodafone Group to bid for Sprint Corp. in a  move that could thwart Sprint's potential $35 billion bid for  Nextel Communications, the Wall Street Journal reported on  Tuesday.
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Verizon Communications Inc.&#39;s wireless partner on Tuesday distanced itself from discussions of a potential bid for Sprint Corp.
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Verizon Wireless is decrying a reported attempt by Nextel to reduce the price tag in its controversial spectrum deal with the Federal Communications Commission (FCC).
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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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Time Warner Inc.&#39;s cable-television unit is in talks to offer wireless service with Sprint Corp. to fend off competition from satellite-TV and telephone companies that sell package deals.
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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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Verizon Communication Inc.'s wireless partner on Tuesday distanced itself from discussions on a potential bid for Sprint Corp.
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Sprint - the US&#39;s third biggest mobile telco - and fifth-place rival Nextel are reportedly in talks about a possible merger. The deal would create a carrier with approximately 39m subscribers and a market value of around $70bn.