Tuesday, August 09, 2005

Sprint Nextel will focus on the "3rd screen"

Leslie Cauley writes in USA Today:

Sprint and Nextel have a game plan for the future, and it's not what you might think. The playbook goes like this: Merge the two companies to create a wireless giant, then transform the combined company — yet again — into a broadband Bigfoot that can compete head-on with Verizon and SBC Communications.

[Gary] Forsee [CEO of Sprint] and [Tim] Donahue [CEO of Nextel] talked about the future of the combined company in an interview with USA TODAY, their first joint interview since the Sprint-Nextel merger was announced in December. The $70 billion merger, which received regulators' blessing last week, is expected to close Friday.

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