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 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 ...

Six days into its new “Cut Your Bill in Half” offer, Sprint was enthusiastic about the offer’s early reaction from new customers, but didn’t offer any details. “We are pleased with initial results …” ...

The U.S. telecom sector has been consolidating through a series of deals in the past few years. The trend started with with AT&T’s acquisition of BellSouth for $86 billion in 2006, then continued with ...

Sprint Nextel Inc. announced today a seven-year deal with Ericsson for network services that is valued at up to $5 billion and can be extended. The agreement means that 6,000 Sprint networking ...

#3 Wireless player T-Mobile is seeking to improve its competitive position by merging with Sprint. The deal would accelerate the development of the more rapid 5G network. Approval of the pending deal ...