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Sprint, Nextel to merge
NEW YORK,
DEC. 15.
Sprint Corp. and Nextel Communications Inc. have agreed today to merge in a deal that would create the U.S.'s third largest wireless telephone provider.
The deal would create a company that would be known as Sprint Nextel that would have about $40 billion (euro30 billion) in revenue and serve more than 35 million wireless subscribers.
AP
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