Its stock has been riding backward on a donkey since March. The company also says it wants to expand internationally. But both companies declined comment. In fact, acquiring Nextel could be dilutive to shareholders, says Tim Horan, analyst at CIBC World Markets in New York.
Technology is one reason.
The two service providers use disparate frequencies to carry user traffic. That disparity prevents users from roaming from one network coverage area to another. On the other hand, the union could be a powerhouse. Fill in this form for your free trial issue. U.S. indexes are real-time.