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By Scott Moritz, Bloomberg |
April 24, 2013
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a narrower-than-expected first-quarter loss, even as 560,000 subscribers departed.
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By Cecile Daurat, Bloomberg |
December 17, 2012
Sprint Nextel Corp. won over Clearwire Corp.’s board after raising its bid to take over the smaller carrier to $2.97 a share in a transaction now valued at $2.2 billion.
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By Canaccord Genuity Morning Coffee |
December 5, 2012
According to sources close to the matter, Sprint is unlikely to make a counteroffer for MetroPCS Communications as it is focusing on closing its $20.1-billion deal with Japan’s Softbank
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By Scott Moritz, Bloomberg |
October 25, 2012
Sprint Nextel Corp., the third- largest U.S. wireless carrier, reported a smaller loss than estimated after smartphones helped increase customer spending on data plans and add to the size of phone bills.
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By Mariko Yasu and Shunichi Ozasa, Bloomberg |
October 15, 2012
Softbank Corp. agreed to buy a stake of about 70 percent in Sprint Nextel Corp. for $20.1 billion as Japan’s third-biggest mobile-phone operator seeks growth overseas amid a declining local market.
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By Scott Moritz, Bloomberg |
October 12, 2012
Sprint Nextel Corp. CEO Dan Hesse’s talks to align with Softbank Corp. have the potential to reshape the U.S. wireless landscape, creating a more viable competitor to Verizon Wireless and AT&T Inc. and sparking a new round of consolidation.
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By Jeffrey McCracken, Yoshinori Eki and Scott Moritz, Bloomberg |
October 11, 2012
Sprint Nextel Corp. said it’s in talks with Softbank Corp. for a “substantial” investment from the Japanese carrier, potentially shifting the balance of power in the U.S. telecommunications industry.
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By Olga Kharif and Scott Moritz, Bloomberg |
October 5, 2012
Sprint Nextel Corp.’s Dan Hesse and his board are expected to meet for the second time this year to consider whether to buy MetroPCS Communications Inc. The verdict may be different this time.
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By Scott Moritz, Bloomberg |
September 24, 2012
Sprint Nextel Corp. shares have outperformed Apple Inc. this year, along with all but one other stock in the Standard & Poor’s 500 Index. Can this be real?
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By Scott Moritz, Bloomberg |
September 19, 2012
Sprint Nextel Corp., the third- largest U.S. wireless carrier, rose the most in more than a month after Chief Executive Officer Dan Hesse said the company would probably play a role in future consolidation.
