Sprint, Nextel Partners Settle on Price
This puts the total Purchase over $15 Billion
As some people on here have predicted (texaswireless, among others), and others have refuted very strongly (nextel1😎, this purchase of nextel is ending up to not be such a bargain after all. If my calculations are correct, this puts the total cost to sprint for this purchase to be over $15 billion dollars.
http://biz.yahoo.com/bizj/051220/1205439.html?.v=1 »
Sprint Nextel will buy affiliate for $6.5B
Sprint Nextel Corp. will buy wireless affiliate Nextel Partners Inc. for $28.50 a share, or $6.5 billion.
In a written release Tuesday, the companie...
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Sprint Nextel will buy affiliate for $6.5B
Sprint Nextel Corp. will buy wireless affiliate Nextel Partners Inc. for $28.50 a share, or $6.5 billion.
In a written release Tuesday, the companie...
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SForsyth01 said:...
As some people on here have predicted (texaswireless, among others), and others have refuted very strongly (nextel1😎, this purchase of nextel is ending up to not be such a bargain after all. If my calculations ar
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Well at least it's not the 41 billion we've seen from previous mergers/buyouts!
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TX did it for us in this forum.
"Nextel Partners 9.2 Billion (this is incorrect it is $6.5 billion)
Enterprise Communication 0.1 Billion
Alamosa PCS 4.3 Billion
IWO Holdings 0.4 Billion
Gulf Coast 0.3 Billion
US Unwired 1.3 Billion"...
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"Nextel Partners 9.2 Billion (this is incorrect it is $6.5 billion)
Enterprise Communication 0.1 Billion
Alamosa PCS 4.3 Billion
IWO Holdings 0.4 Billion
Gulf Coast 0.3 Billion
US Unwired 1.3 Billion"...
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Forsyth, they already owned 32% of NXTP. TOTAL value of NXTP was averaged at $9.2 B. So, they only had to pay $6.2B.
Also, you implied you were referring to THIS purchase costing $15B. Yes, acquiring all of the PCS affiliates is starting to add up. ...
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Also, you implied you were referring to THIS purchase costing $15B. Yes, acquiring all of the PCS affiliates is starting to add up. ...
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About time!
With Nextel Partners taken care of and Alamosa pending acquisition, our market here will soon change dramatically. Personally, I'm excited to see what happens next. 😁
The end of the affiliate era as we know it...
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Correction about the Nextel Partners buy out price
it isnt $9.4 billion, it is $6.5 billion.
"KANSAS CITY, Mo. (AP) -- Sprint Nextel Corp. said Tuesday it would buy outstanding shares of Nextel Partners Inc. in a deal valued at $6.5 billion, or $28.50 per share, settling a battle with its largest affiliate."
"KANSAS CITY, Mo. (AP) -- Sprint Nextel Corp. said Tuesday it would buy outstanding shares of Nextel Partners Inc. in a deal valued at $6.5 billion, or $28.50 per share, settling a battle with its largest affiliate."
