Sprint Considering Selling Nextel Off

Posted on Thursday, May 8, 2008 by Dieter Bohn
 
Filed Under: Rumors; Tags: nextel, sprint

Another day, another crazy Sprint rumor. First we heard the crazy rumor that T-Mobile owner Deutsche Telekom was considering a Sprint acquisition. Then Sprint officially announced their spinning off at least a portion of their WiMAX infrastructure into a new company called Clearwire. Now this: the Wall Street Journal is reporting that Sprint is also thinking about dumping Nextel ASAP.

No deal is imminent, these people say, characterizing the discussions over Nextel's fate as part of an ongoing strategic review at Sprint. But the fact that Sprint is even contemplating undoing the Nextel merger highlights the problems facing the No. 3 wireless carrier in the U.S. - WSJ.com (reg required for full article)

Anybody else thinking Sprint is getting rid of the stuff they know nobody else is especially interested in as a way to make themselves a juicier buyout target?

 
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