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 the company. Later the same day, another Wall Street Journal article cited sources who said Sprint Nextel is considering unloading its Nextel assets, a move that might make the $22.3 billion wireless operator more attractive to potential buyers.
While a Deutsche Telekom sale seems like a long shot, it's not surprising … Read more