We continue to rate Nextel at Neutral and suggest that as goes Nextel, so goes wireless. Recognize that the CEO, Tim Donahue, has publicly lobbied for removal of the spectrum cap in past month, which indicates that he would like to participate in the spectrum auctions. This would open the way for another entity to make a cash infusion or outright acquisition of the company. The outlook for the business will be key as Donahue indicates trends for subscriber growth and cash flow growth. Printer friendly version.
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