Could Mexican Telecom Tycoon Save Sprint?


	Could Mexican Telecom Tycoon Save Sprint?

Tina Russo

3-7-2008 12:21 PM

924 views

tags:

sprint nextel, verizon, at&t, carlo slim helu, telecomunications

Tina Russo says:

WSJ's Deal Journal explores the possibility.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/eaceca7e-07be-43d9-a465-615553518a4c/0AA14D12-2D88-437C-905B-3C4D8CB0209F/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://blogs.wsj.com/deals/2008/03/07/deal-yenta-is-carlos-slim-the-answer-for-sprint/" href="http://blogs.wsj.com/deals/2008/03/07/deal-yenta-is-carlos-slim-the-answer-for-sprint/" style="font-size: 11px;">blogs.wsj.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/deals/2008/03/07/deal-yenta-is-carlos-slim-the-answer-for-sprint/"><P>Would the world’s <A href="http://www.forbes.com/worldsrichest/">second-richest man</A> want to buy the United States’ most troubled telecom?</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/deals/2008/03/07/deal-yenta-is-carlos-slim-the-answer-for-sprint/">The company’s integration with Nextel has been a total failure. And Sprint’s plans to expand its wireless broadband WiMax technology — at great expense– isn’t giving investors much hope.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/deals/2008/03/07/deal-yenta-is-carlos-slim-the-answer-for-sprint/">
So consider the strength of Mexican billionaire Carlo Slim Helu </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://blogs.wsj.com/deals/2008/03/07/deal-yenta-is-carlos-slim-the-answer-for-sprint/">Unlike other potential Sprint acquirers, like Verizon or AT&T, Slim wouldn’t be likely to face antitrust problems because his reach doesn’t yet extend into the U.S.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/0AA14D12-2D88-437C-905B-3C4D8CB0209F/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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