Is Sprint Nextel getting ready for a fire sale?
It sure looks that way following speculation around Wall Street on Monday of a possible sale or breakup of the beleaguered wireless operator. First, The Wall Street Journal reported that German phone company Deutsche Telekom was considering buying (
http://online.wsj.com/article/SB1209...n_what s_news) the company. Later the same day, another Wall Street Journal article cited sources who said Sprint Nextel is considering unloading its Nextel assets (
http://online.wsj.com/article/SB1210...us_whats_news), a move that might make the $22.3 billion wireless operator more attractive to potential buyers.
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*Source: News.com (
http://www.news.com/8301-10784_3-993...ag=nefd.lede)*
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