Sprint Nextel: From Worst to First?

Medford, Cassimir
May 2008
Red Herring;5/22/2008, p2
Trade Publication
The article focuses on an analyst reports which predicted that U.S. wireless carrier Sprint Nextel could outperform the market by 28 percent in the next 12 months. The forecast for Sprint Nextel's reversal of fortune is based in large part on a rumored acquisition by German telecommunication giant Deutsche Telecom (DT) actually occurring, and the transfer of Sprint's WiMAX debt to Clearwire. The transfer of Sprint's WiMAX-related assets and debt to Clearwire makes Sprint much more attractive to DT.


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