The Wall Street Journal is reporting that the Sprint / Nextel merger may close as soon as Wednesday. The $35 billion deal is moving at lightspeed--word of the deal only broke on December 9th. This is in stark contrast to the months long auction ordeal AT&T Wireless went through before Cingular opted to purchase the company for $41 billion.
The future of the telecom business is increasingly a wireless one. And should a deal between Sprint and Nextel be clinched, the cellphone landscape is likely to be locked in position for years, with three large players dominating the market.
Here are some notes about the agreement:
More Sprint / Nextel merger coverage