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Sprint Corp

BUSINESS
December 11, 2004 | From Reuters
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.
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BUSINESS
December 10, 2004 | From Bloomberg News
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.
BUSINESS
February 5, 1998 | Bloomberg News
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."
BUSINESS
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.
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