CONSUMER NEWS RECALLS COMPLAINT FORM SCAM ALERTS

Small Claims Guide \| Class Actions \| Lemon Law \| FAQ \| Resources \| Newsletters \| Spanish
Automotive Education Electronics Family Finance Health Homeowners Shopping Travel

Verizon In Bid For Sprint?

December 14, 2004
The wireless world suddenly resembles a giant game of Pac-Man. On the heels of rumored reports that Sprint is about to acquire Nextel come rumblings that Sprint itself is about to be gobbled up by Verizon Communications, which controls 55% of Sprint competitor Verizon Wireless.

Sprint-Nextel
• Sprint, Nextel Complete Merger
• FCC Clears Sprint, Nextel Merger
• Shareholders OK Sprint, Nextel Merger
• Sprint and Nextel Make It Official
• Sprint, Nextel Merger May Be Next
• Verizon In Bid For Sprint?

Reports appearing in various publications and online suggest the bid is awaiting a final "go" from Vodafone Group, Verizon Wireless's partner. Verizon Wireless is the nation's second-largest wireless operator, while Sprint is number three. A merger would make Verizon Wireless number one over Cingular, which just completed its acquisition of AT&T Wireless.

Got all that straight?

For consumers, all these proposed mergers could create more than a little confusion, as not only companies are merged, but so are rate plans, calling areas and technology. But industry analysts say a few legal issues must be settled first, most notably some Verizon divestitures. Both Verizon and Vodafone insist they have not yet had any discussions regarding a possible acquisition of Sprint.

Meanwhile, Sprint is said to be ready to formally make its bid for Nextel, the nation's fifth largest wireless provider, giving it additional leverage in the wireless market. The $36 billion offer could come as early as Wednesday.

Report Your Experience
If you've had a bad experience -- or a good one -- with a consumer product or service, we'd like to hear about it. All complaints are reviewed by class action attorneys and are considered for publication on our site. Knowledge is power! Help spread the word. File your consumer report now.

September 7 2008

FREE CONSUMER NEWSLETTERS

The Daily Consumer
Afternoons M-F
Sign up now!

Consumer News & Alerts
Every Sunday
Sign up now!

Knowledge is free.
Knowledge is power.

Back to the top |

Terms of Use Your use of this site constitutes acceptance of the Terms of Use

Advertisements on this site are placed and controlled by outside advertising networks. ConsumerAffairs.com does not evaluate or endorse the products and services advertised. See the FAQ for more information.

Company Response Welcome If complaints about your company appear on our site, we welcome your response. Please see the Response Form for more information.

For more information, see the FAQ and privacy policy. The information on this Web site is general in nature and is not intended as a substitute for competent legal advice. ConsumerAffairs.com Inc. makes no representation as to the accuracy of the information herein provided and assumes no liability for any damages or loss arising from the use thereof.