15 Jul 08 Rumored: SK Telecom to Acquire Sprint Nextel
Sprint has recently bought Nextel and we all know that. Now it’s rumored that SK Telecom is looking to acquire Sprint Nextel. Are we going to have an SK Telecom Sprint Nextel name here? Is this what the third American carrier will look like?
CNBC has reported SK Telecom’s interest in Sprint Nextel, but the sale is far from completed. SK Telecom, South Korea’s top wireless provider, is looking for a friendly merger and isn’t planning a hostile take over. Or so they say. In the mean time members of the Sprint’s board aren’t that happy with such an outcome and I don’t think they will change their minds soon. After all Sprint isn’t doing so bad are they? Of course they could benefit from such an agreement but that doesn’t necessarily mean it’s bound to happen. And when it happens, we’re going to be there for the coverage.
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Tags: Nextel, SK Telecom, Sprint
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