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Prior to July 9, 2013, Sprint Nextel only owned a 50.8% equity interest in Clearwire Corporation; On December 17, 2012, Sprint Nextel agreed to pay US$2.97 per share, US$2.2 billion in total, to purchase the portion of Clearwire shares that Sprint Nextel did not already own. On June 20, 2013, Sprint Nextel increased its offer to $5 per share ...
Sprint Corporation, in 2005, acquired Nextel and changed its name to Sprint Nextel Corporation. The company spun off its local wireline assets into a separate company in 2006 as Embarq Corporation. Sprint Missouri then became Embarq Missouri, Inc. Embarq was acquired by CenturyTel in 2009, which in 2010 changed its name to CenturyLink.
Nextel's iDEN network offered a then unique push-to-talk "walkie-talkie" feature in addition to direct-dialed voice calls. Nextel was one of the first providers in the United States to offer a national digital cellular coverage footprint. Prior to merging with Sprint Corporation in 2005, Nextel Communications, Inc. was a publicly traded company.
What a week for Sprint Nextel (NYS: S) and its shareholders. The announcement on Oct. 15 that cellular behemoth Softbank of Japan will acquire a 70% stake in Sprint, providing much-needed support ...
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The following companies were acquired from Embarq, which was formed in 2006 by the spin-off of the local telephone operations of Sprint Corporation (previously named United Telephone). It also includes companies formerly owned by Centel which was purchased by Sprint in 1993. CenturyLink of Florida, Inc. CenturyLink of Minnesota, Inc.
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Embarq Corporation was the largest independent local exchange carrier in the United States (below the Baby Bells), [2] serving customers in 18 states and providing local, long-distance, high-speed data and wireless services to residential and business customers.