Summary
Telecommunications giant Sprint Corp. is acquiring Nextel Communications Inc. in a $35 billion deal that would create the nation's third-largest wireless telephone service provider.
The widely rumored transaction, announced Wednesday, would create a company called Sprint Nextel with about $40 billion in combined yearly revenue and more than 35 million wireless subscribers, trailing only Cingular Wireless and Verizon Wireless.See the full content of this document
Extract
Sprint, Nextel to Join Forces
Sprint would get access to Nextel's 15.3 million subscribers, many of whom are business customers, and Nextel would avoid ...
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