CNET: Sprint and Nextel Could Split
CNET News has the details on some juicy Sprint-Nextel rumors. Seeking Alpha is reporting that Sprint has hired Morgan Stanley for a possible spin-off of its Nextel brand, the report said. That wouldn’t be huge news in and of itself, since the tech industry widely considers the 2005 merger to have been a huge mistake.
More surprising is that The Kansas City Star said that Merrill Lynch analysts are predicting that Deutsche Telekom, owner of T-Mobile USA, is considering buying Sprint, according to the report.
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