M&A Deal Summary

Sprint Acquires Nextel Communications

On August 15, 2005, Sprint acquired communications company Nextel Communications for 36.0B USD

Acquisition Highlights
  • This is Sprint’s 4th transaction in the Communications sector.
  • This is Sprint’s largest (disclosed) transaction.
  • This is Sprint’s 4th transaction in the United States.
  • This is Sprint’s 1st transaction in Virginia.

M&A Deal Summary
Date 2005-08-15
Target Nextel Communications
Sector Communications
Buyer(s) Sprint
Deal Type Merger
Deal Value 36.0B USD

Target

Nextel Communications

Reston, Virginia, United States
website
Nextel Communications, Inc. is a provider of wireless personal communications and digital dispatch services using enhanced specialized mobile radio technology.

Search 192,611 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Sprint

Overland Park, Kansas, United States

website

Category Company
Founded 1899
Sector Communications
Employees36,000
Revenue 33.3B USD (2018)
DESCRIPTION
Building on Sprint's corporate campus in Overland Park, Kansas.
Building on Sprint's corporate campus in Overland Park, Kansas.

Sprint is a provider of wireless and wireline communications services for consumers, businesses and government users. In addition to the Sprint brand, Sprint offers its services through Virgin Mobile USA, Boost Mobile, and Assurance Wireless.

DEAL STATS #
Overall 4 of 13
Sector (Communications) 4 of 12
Type (Merger) 1 of 1
State (Virginia) 1 of 1
Country (United States) 4 of 13
Year (2005) 2 of 5
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-07-11 US Unwired

Lake Charles, Louisiana, United States

US Unwired, Inc. is a provider of wireless telecom services to markets in the US.

Buy $1.3B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-10-03 Gulf Coast Wireless

United States

Gulf Coast Wireless LP is a provider of communication services .

Buy $287M
Mergr

Product

Company

Legal