Sprint and Nextel Join Forces |
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Two of the biggest wireless services have joined forces in a merger to form one very successful, giant company - Sprint Nextel. There are several indications that suggest this merger was wise on both the parts of Sprint and Nextel. Stock market research has shown that shares are up 40 percent over the past year, and seven percent since the commencement of 2005. In comparison to all of the other major wireless companies, whose shares are all down, this represents huge success. Additionally, it is presumed that cable companies will soon be knocking on the door to the new Sprint Nextel for wireless services. Because cable companies have no access to their own wireless networks, they need to find a wireless company that will go into a partnership with them and sell wireless services. Many other wireless services also provide cable services, which is why Sprint Nextel would be the best candidate, as they are not a competitor. These future prospective partnerships with cable companies and high speed Internet services is certain to benefit Sprint Nextel and provide them with even further financial success down the road. What the Sprint Nextel Merger Means for CustomersNot much will change regarding the services provided to both Sprint and Nextel subscribers. Both company names will remain in the title, in hopes that the customers of both Sprint and Nextel will remain loyal. What the Sprint Nextel Merger Means for StockholdersWith trends showing signs of constant increase in value, it looks like Sprint Nextel shareholders are going to be making quite a profit on their stocks. This year alone, expert analysts say that Sprint Nextel shares should increase 34 percent. And over the next five years, an average of a 14 percent increase will take place. The statistics look promising for Sprint Nextel shareholders. Experts also say that if you haven’t already, now is still a great time to invest in Sprint Nextel shares. Although the prices are currently high, they are just expected to soar higher. |