Sprint, Nextel seen close to merger
"WASHINGTON (CBS.MW) -- Sprint and Nextel Communications are reportedly close to a $36 billion megamerger that would unite the No.3 and No. 5 U.S. wireless carriers, placing the combined company in a better competitive position against larger rivals Verizon and Cingular Wireless."
"WASHINGTON (CBS.MW) -- Sprint and Nextel Communications are reportedly close to a $36 billion megamerger that would unite the No.3 and No. 5 U.S. wireless carriers, placing the combined company in a better competitive position against larger rivals Verizon and Cingular Wireless."
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