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Sprint Nextel Corp.'s announcement Thursday that it will "rejuvenate" its beleaguered integrated digital enhanced network is another way of saying the company is not selling the wireless systems it obtained from its $35 billion merger with Nextel.The million-dollar question for Sprint Nextel's president of strategic planning and corporate initiatives...
Posted on October 31, 2008 1:23 PM
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
Sprint Nextel Corp. CEO Dan Hesse says he feels relatively safe from credit crunch problems even though losses from Sprint's $35 billion acquisition Nextel have put the firm's future in question. Why? "On the consumer side, wireless has become a staple -- people would rather give up their TV...
Posted on October 13, 2008 12:50 PM
Wireless Internet provider Clearwire Corp. posted a $191.1 million loss for the second quarter due to costs related to its merger with Sprint Nextel Corp.'s WiMax business, but is focused on making the deal work. Meanwhile, reports say Sprint may sell its iDen wireless network to either NII Holdings Inc. or PE investors and Sprint itself could be taken over by South Korea's SK Telecom.
Posted on August 8, 2008 1:45 PM
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