Sprint, Nextel Announce Merger
Dec 15, 2004, 10:27 AM by (staff)
Sprint and Nextel today announced that their boards of directors have unanimously approved a definitive merger agreement. The new company, which will be called Sprint Nextel, will spin off Sprint's local telecommunications business following the merger. The new company will migrate Nextel's push-to-talk services to Sprint's new CDMA EV-DO network. The two companies have a combined value of $70 billion and serve over 35 million wireless subscribers, plus another 5 million through affiliates and partners. The companies operate networks that directly cover nearly 262 million people, more of the U.S. population than any other carrier. Sprint and Nextel are being valued equally in the merger and their shareholders will each own approximately 50 percent of the new company after the merger. The merger is expected to close in the second half of 2005.
Comments
which is going to have better coverage Cingular or sprint
By the way when I was in Mississippi Sprint or Nextel didnt work but Cingular & ATT did!!!
So which do you think we'll have better coverage in the next 6 months or so Cingular or Sprint???
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sprint and nextel have the worst service right next to cingular & t-mobile
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BOLD PREDICTION!! Cingular Absorbs T-Mobile Within The Next Six Months
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1) The FCC will not allow Cingular to have any more spectrum. They were forced to sell off licenses where they would own more than 70MHZ in any market.
2) T-Mobile USA is a part of T-Mobile worldwide, a mu...
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DocAlchemy said:
It's the natural order of survive and conquer. Only the strongest and richest survive.
The very idea of this is proposterous. As was stated in an earlier post, it's worse than "bold," closer to rid...
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You're going to call it Sprint-Nextel??? ARE YOU KIDDING?
But SPRINT-NEXTEL it's a very stupid name, i would prefer: SPRINTEL or SEXTEL or NEXTPRINT.
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Technology Thread Compatible or Not?
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Saw11_2000 said:
...I know that iDEN and CDMA are incompatible. But I do know that Nextel uses the 800MHz spectrum, could SPCS convert this to CDMA and use it on their network.
First, as you may know, Nextel uses dif...
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Sprint Pricing
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Sprint-Nextel Merger is Another Blow to Consumers’ Pocketbooks
Wednesday, Dec. 15, 2004
Contact: Janee Briesemeister
(202) 462-6262
Sprint-Nextel Merger is Another Blow to Consumers’ Pocketbooks
Second Major Merger of Telecoms Could Signal Reduction in Price Wars and Innovative Service; Customers Likely Will Have to Buy New Phones
(Washington, D.C.) – The proposed merger between Sprint and Nextel is another blow to consumers’ pocketbooks, as the further reduction of competition in the wireless market likely spells an end to the lower prices and innovative services consumers have received from cell phone companies, Consumers Union said today.
“This merger will do little for consumers, but most importantly, it signals the likely end to the possibility of build...
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Verizon and Sprint Deal Still Imminent After Aquiring NEXTEL
Heres what I foresee:
Verizon is actually happy right now because what is going to happen is Sprint is going to convert all Nextel's customers from iDEN to CDMA at Sprint's expense. With the walkie talkie, voice, and data services combined; Verizon will then make a bid after Sprint. That transistion should be very easy since both carriers use CDMA. You will then see Cingular make a bid for T-Mobile. Ultimately you will have CDMA vs. GSM in USA. With the price of GSM being so cheap, you will see Verizon struggle a little bit because CDMA is newer and just a little bit more expensive. Therefore the consumer will be paying out for it at first, then after a quick struggle, Verizon would be able to ...
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Every Company has a downfall
He who has the band...
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The Photo
http://story.news.yahoo.com/news?g=events/bs/121504s ... »
Nextel at best buy maybe?
I have been on the phone on and off with my rep.since last Friday when this merger was announced.
He is totally in the dark right now Corporate isn't sharin...
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SPRINT CAN 2-WAY NEXTEL
I've been waiting for this!
Should i switch to Sprint
Should i switch?
Being a very tired verizon customer and so very sick of their phones ( and not wanting to go with Cingular)
I began wondering should i finally get a cool Sanyo phone and because they are Merging with nextel mybe they will have a better coverage area, and I've always like Nextel push to talk service.
you think it's a good time to switch?
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Sprint's network is awesome but not as big as Verizon's. Verizon's network is great, but they are a little too conservative on phone selection for some.
The S...
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What about Cingular's?
We are an agent in Northern Michigan and there is no Cingular up here or in the UP of Michigan.
JB
What about the phones
Amazing!
Poll/Opinion: moto to make cdma/qchat phones? or not...
time frames?
Unless they want to lose customers.
news: Motorola to make dual-mode phone for Sprint Nextel
WASHINGTON (AFX) -- Nextel CEO Timothy Donahue said Wednesday that Motorola (NYSE: MOT - news) will make a dual-mode phone for Nextel and Sprint after the two companies complete their merger. Such a phone will be necessary to bridge the company's two incompatible networks as they move to integrate customers onto one upgraded network within a few years of the merger's completion. Motorola stock took a dive last Friday on concerns that the merger would cut into phone sales. Motorola supplies virtually all of Nextel's phones, which are based on a unique technology called Iden that was developed by Motorola. In recent trades, Motorola shares rose 39 cents to $17.24.
This story was supplied b...
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I think nextel customers would prefer to just have cdma phones since they are smaller, cheaper, more attractive and offer more features than nextel iden phones.
Then again, buy a cdma/iden phone now and you can still use...
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