Sprint/Nextel Merger
SPRINT AND NEXTEL TO COMBINE IN MERGER OF EQUALS
New company will have superior growth profile, unmatched asset mix, strong margins and highly valuable wireless customer base
Will have both national wireless and global IP networks; be competitively well positioned to meet growing demand for bundled and integrated communications solutions
Unprecedented opportunity to deliver true IP-based wireless multi-media services
Sprint’s local telecommunications business expected to be spun off to shareholders of the new company
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