
offered few surprises relative to our expectations, but we think the firm is performing well as it prepares to merge with Nextel NXTL later in the year. We are leaving our fair value estimate at $21 per share. Wireless remains the driving force behind Sprint
With all of the drama surrounding MCI MCIP, Verizon VZ, and Qwest Q, the fate of the merger between Sprint FON and Nextel NXTL is still not clear. We continue to believe that Verizon will end up winning the battle for MCI. With MCI in hand, the probability
The Federal Communications Commission has sided, at least initially, with a proposal from Nextel NXTL to eliminate interference between the firm's operations and those of public-safety officials. A huge windfall for Nextel looks
Nextel NXTL management reiterated expectations Wednesday that it will add 1.9 million customers and generate $600 million of free cash flow
The Federal Communications Commission and the Justice Department have both signed off on the merger of Sprint FON and Nextel NXTL with few conditions, and the deal should be completed shortly. We didn't expect the merger to face regulatory constraints
Sprint's FON second quarter wasn't as strong as Nextel's NXTL , in our view, but we think the two firms are performing well. After reviewing our expectations for the combined firm, we
Nextel's NXTL second quarter was excellent, in our view. We will probably increase our fair value estimate modestly following the release of
Although Sprint FON and Nextel NXTL shareholders recently voted in favor of the firms' planned merger, we think the deal still has lot of hurdles to overcome before
offered few surprises relative to our expectations, but we think the firm is performing well as it prepares to merge with Nextel NXTL later in the year. We are leaving our fair value estimate at $21 per share. Wireless remains the driving force behind Sprint
With all of the drama surrounding MCI MCIP, Verizon VZ, and Qwest Q, the fate of the merger between Sprint FON and Nextel NXTL is still not clear. We continue to believe that Verizon will end up winning the battle for MCI. With MCI in hand, the probability