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While still firmly entrenched in the grinding of the rumor mill, The Wall Street Journal is reporting that Sprint is considering selling off its struggling Nextel brand, according to people “familiar with the situation.” Cyren Call, created by Nextel founder Morgan O’Brien is currently attempting to round up a group of investors to purchase [...]
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Rumors of this nature have surfaced in the past, but they’ve become a bit more realistic after Sprint’s horrible week. On Friday, the struggling 3rd largest US telecommunications company was ordered by the FCC to vacate certain channels, and had their credit rating cut to ‘junk’ by Standard and Poors.
Chalk it up in the ‘who knows’ [...]
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