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Sprint Nextel Closes Two Affiliate Buyouts

Jun 27, 2006, 1:19 PM by (staff)

Sprint Nextel yesterday closed their buyout of Nextel Partners, after regulators approved the transaction last week. The carrier paid $6.5 billion for the remaining shares of the Nextel affiliate. In December, the two factions had agreed Nextel Partners was worth $9.2 billion and that Sprint would pay cash for the remaining 69% of the affiliate it did not own. UbiquiTel shareholders yesterday also accepted Sprint's offer of $1.3 billion for their affiliate. That deal is expected to close quickly.

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Comments

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PHONESRULE

Jun 27, 2006, 1:56 PM

MMMM>>>>>>>

SPRINT NEXTEL IS GOING TO OWN THE WORLD>>>>> DO YOU THINK THEY COULD START BUYING COUNTRIES.....FOR EXAMPLE CHINA???? THEN THEY WOULD HAVE ALL THE CHEAP LABOR TO MAKE THEIR PHONES FOR ALMOST NOTHING.....MUHAHAHAHAHAHAH!!!! FIRST NEXTEL....THEN VERIZON....THEN CHINA.....THEN THE UNIVERSE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! 👿 👿 😈 👿 😈 👿 👿 😈 👿 😈 👿 😈 😈 🤣 🤣 🤣 👿

pm-325 rox

to be telling the truth, thats not a bad idea
😈

wacko_javo

Out of all contries you had to say China? which is like the biggest and richer country ever? they could by small countries, sure, but saying china spoiled the joke, it's just not funny.

...

satch of the moe

huh huh they said the other 69% that must be fine buying the rest 🤣 .... oh yeah why china are you reps in sprint hungry for rice. 🤨

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