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Is Sprint Nextel bottoming out? (from Corporate Dealmaker)

No. 3 U.S. cell-phone carrier Sprint Nextel Corp. lost $1.62 billion in the fourth quarter, much less than the $29.3 billion it lost in the fourth quarter 2007 and a slightly narrower loss than analysts expected. Nearly all of those write-downs stemmed from the Nextel acquisition.Sprint had major difficulties...

Posted on February 19, 2009 10:31 AM

Sprint and Moto hold spinoffs, collaborate for Nextel (from Corporate Dealmaker)

Sprint Nextel Corp. more than stumbled integrating Nextel's iDEN network after their merger. And CEO Dan Hesse has said he would consider a "compelling" offer for iDEN. However, Sprint now says after careful review of the business, it will "retain and rejuvenate this important asset." As part of this...

Posted on October 31, 2008 12:02 PM