Sprint is close to an agreement to buy Nextel for more than $35 billion in a mostly stock deal, sources familiar with the situation said on Friday. A Sprint-Nextel merger, which would combine the No.

Sprint Nextel's battering in its fourth fiscal quarter was caused by a write-down from its 2005 acquisition of Nextel and a shrinking number of mobile subscribers Sprint Nextel took a battering ...

Sprint and Nextel Communications on Friday formally closed the merger they announced last Dec. 15, forming a mobile telecommunications behemoth called Sprint Nextel. The new company, with about 44 ...

Sprint Nextel has announced that industry veteran Dan Hesse will take over as CEO. Hesse will replace Gary Forsee who left in October; CFO Paul Saleh has been serving as interim CEO since then. The 54 ...

Executives from Sprint Corp. and Nextel Communications Inc. took to a stage at the St. Regis Hotel in New York today to announce a definitive agreement to merge their two companies and create the ...

Sprint Nextel is considering a sale of the Nextel wireless network it bought in 2005, but may have trouble finding a buyer for an asset whose value has plunged about 80 percent to an estimated $5 ...

Newly merged telecom giant Sprint Nextel Corp. agreed Tuesday to buy two affiliates, IWO Holdings Inc. and Gulf Coast Wireless LP, for $714 million in cash and assumed debt, which should resolve the ...

Sprint Nextel Corp. has recommitted itself to its Nextel business, which the struggling third-place U.S. mobile operator reportedly had considered selling off. When it merged with Nextel in 2005, ...

According to Forbes, with rivals Comcast, Time Warner, Cablevision, and Charter Communications currently offering their customers phone, internet, and TV services, Dish seems to be playing catch-up in ...

WEB-ONLY Sprint Nextel names new GC Charles Wunsch was named the general counsel and corporate secretary of Sprint Nextel, succeeding Leonard J. Kennedy. Wunsch has been with the company for nearly ...

Sprint Nextel has significantly fortified its liquidity position and reduced medium-term refinancing risk since late 2011. The past two debt issuances and vendor financed secured credit agreement ...