Sprint Closes Purchase of Nextel

Sprint’s long awaited takeover of Nextel was completed today, with executives from the wireless leaders now preparing for the unified company’s introduction to some 40 million customers.
Overland Park, Kan.-based Sprint, whose campus now becomes the operational headquarters, is known for its focus on consumers and its emphasis on technology, from downloadable cell phone games to live TV on your handset. Reston, Va.-based Nextel, whose suburban Washington base is the new corporate headquarters, is popular with businesses of all sizes and is the leader in push-to-talk technology that makes cell phones like walkie talkies.
As a joint company, the advances of both Sprint and Nextel will likely lead to new consumer offerings. One area Sprint Nextel wants to emerge as a leader is wireless broadband.
More details on the merger completion here….

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