Some More Names Surfacing For Sprint’s Possible Sale of Nextel Unit

Some more names are bubbling up on Sprint’s (NYSE: S) possible sale of its Nextel unit…earlier this week we mentioned that potential buyers may include TPG Capital and GS Capital Partners, which previously bought Alltel (NYSE: AT). Now WSJ reports some more names, including Latin American carrier NII Holdings, and PE firm Cerberus Capital Management. NII was once the international division of Nextel but now operates as a separate company…it has 5.4 million subscribers and a roughly $5.3 billion market cap. It is seen by many as the most logical buyer. and offers service in Argentina, Mexico, Brazil, Peru and Chile using the same network technology, iDen, as Nextel.

The price is estimated to be between $5 billion and $6 billion, which is far lower than the $35 billion Sprint paid three years ago.

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