December 11, 2004 |
Sprint Corp. moved closer to an agreement to buy Nextel Communications Inc. for more than $36 billion in a mostly stock deal, sources familiar with the situation said Friday. The companies, which have held on-again, off-again talks in the last year, renewed negotiations in recent days for a merger that would create a wireless giant with 39 million customers.
December 10, 2004 |
Sprint Corp., the No. 3 U.S. mobile phone company, and Nextel Communications Inc. are in talks about a possible merger, people familiar with the matter said Thursday. A merger would combine Sprint with the fifth-largest U.S. mobile phone company and create a provider with a market value of about $70 billion. Pressure on mobile phone companies to increase in size has grown since Cingular became Cingular Wireless in October through the purchase of AT&T Wireless Services for $41.
February 5, 1998 |
Sprint Corp. is unveiling a $30-million print and broadcast advertising campaign that's designed to promote data services for businesses. The fast-growing segment of the telecommunications industry is expected to grow to $29.5 billion by 2000, up from $14.9 billion in 1997, according to market researcher Yankee Group. Sprint's ad campaign will include the tagline "Business runs on data. Data runs on Sprint."
April 2, 1999
Calling Big Spenders: Sprint Corp. is offering a calling plan that charges 10 cents a minute for both cellular and long-distance calls, in a bid to attract higher-spending customers who use their phones more frequently. Under the plan, which is being offered through April 30, customers can get 500 minutes of long-distance calls and 500 minutes of cellular for $100 a month.