Print
E-mail
Share
digg
Newsvine
Facebook
Stumble
Technorati
reddit
Fark
twitterNew Sprint talks reported
Monday, July 3, 2000 | 11:17 a.m.
German phone giant Deutsche Telekom is in talks to acquire Sprint, the United States' third-largest long-distance carrier and the dominant local phone company in Las Vegas, two newspapers reported.
Deutsche Telekom already owns 10 percent of Sprint, and full acquisition would cost more than $120 billion.
The possibility of a blockbuster trans-Atlantic deal comes after U.S. and European antitrust regulators last week effectively derailed WorldCom's planned $115 billion takeover of Sprint. Regulators expressed concern the deal would lead to higher prices for consumers. The Deutsche Telekom-Sprint talks were reported by USA Today and the German newspaper Welt am Sonntag.
Sprint stock was up $3 to $54 this morning.
archive
- Most Read
- Discussed
- Most E-mailed
- Sarah Palin wasn’t a disaster, but Obama is
- CityCenter’s Mandarin Oriental makes Vegas debut
- As national jobless rate improves, LV sees signs of trouble
- Pacquiao-Mayweather fight on, March date likely
- Kruger may soon seek more disciplined shot selection
- Sub-freezing temperatures hit Las Vegas
- Del Sol seeks upset against powerhouse Bishop Gorman
- Court upholds sex conviction for Las Vegas magician
- UNLV president denies reports of Livengood as new AD
- Barrick Gold to work on mine despite court ruling
Blogs
The Kats Report
Kirk Kerkorian: CityCenter is 'simply the most amazing' Vegas project ever (1 Comment)
Robin Leach's Las Vegas Celebrity Watch
Great Santa Run: Unofficial 14,595 runners would be a new record
Elsewhere
Rampage Jackson to return to UFC (3 Comments)
Politics: Ralston's Flash
Superintendents want state to immediately seek Race to Top funds
Top Chef: Las Vegas
The Jet Stream: The great Jennifer debate (2 Comments)
The Kats Report
From Eva Longoria Parker to a cluster of execs, crowd takes a shine to Crystals (4 Comments)
Elsewhere
Harry Reid's recipe for getting health-care deal done (10 Comments)
Calendar »
- 6 Sun
- 7 Mon
- 8 Tue
- 9 Wed
- 10 Thu
-
Chickenfoot at The Joint
The Joint | 8 p.m. to 11:59 p.m.
-
The Ultimate Fighter 10 Finale at the Pearl
The Pearl at the Palms | 4 p.m. to 10 p.m.
-
Great Santa Run at Town Square
Town Square | 8 a.m. to 10 a.m.
-
Willie Nelson at Planet Hollywood Theatre for the Performing Arts
Planet Hollywood Resort and Casino | 9 p.m. to 11:59 p.m.
-
Cash'd Out at Aliante Station
Aliante Station Casino and Hotel | 9 p.m. to 11:59 p.m.
-
Brooks & Dunn at the Hilton
Las Vegas Hilton
-
Ron White performs at the Mirage
Terry Fator Theatre
The Sun
Locally owned and independent for more than 50 years.
