Sprint and Nextel Announce $36B Merger

It takes a lot to be able to hang with the big boys.  After the ATT-Cingular merger, Sprint and Nextel weren’t just going to sit around.  While some analysts believe that the cultures of these two companies won’t mesh well together, execs are talking consumer-market dual-mode phones that will likely come out of the deal.  Time will tell what effect this may have on Verizon’s current lead.

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