Tuesday, May 17, 2011

Sprint’s Likely Buyer May Be CenturyLink

Sprint Nextel Corp. might end up being acquired if AT&T successfully acquires T-Mobile USA, and the most likely buyer is CenturyLink, the biggest company in telecommunications without a wireless unit, analysts speculate.

CenturyLink, based in Monroe, Louisiana, is the most logical acquirer because it has the financial resources, it’s shown an appetite for big deals and it needs a wireless business, say analysts including Chris Larsen of Piper Jaffray Cos.

1 comment:

Anonymous said...

Isn't that like the kids taking care of the parents?

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