Sprint Nextel Corp., the wireless carrier that languished at a stock price below its liquidation value less than a year ago, has morphed into the target of a bidding war that traders are wagering may escalate even further.
Silicon Valley entrepreneur Chris Larsen started Prosper Marketplace Inc. as an alternative lender for small loans -- an online community where borrowers seeking up to $25,000 are matched with lenders who bid for their business.
Sprint Nextel Corp. ’s Dan Hesse told Congress last week the third-largest U.S. wireless operator may end up being acquired if AT&T Inc. purchases T-Mobile USA Inc. The most likely buyer is CenturyLink , the biggest company in telecommunications without a wireless unit, analysts said
AT&T Inc. , the largest U.S. phone company, will probably boost its dividend and announce a share- buyback plan tomorrow as customer gains and demand for wireless data services help its cash flow, analysts’ estimates show.
Sprint Nextel Corp. , the third-largest U.S. mobile-phone carrier, began touting last year that it had the country’s first nationwide, fourth-generation wireless network. Now it’s fighting to retain its marketing edge.