In brief: Sprint to buy wireless affiliate Alamosa Holdings

Sprint Nextel last week said it will buy wireless affiliate Alamosa Holdings for approximately $4.3 billion. Alamosa was Sprint's largest PCS affiliate. Alamosa provides Sprint PCS services in 19 states, serving approximately 1.48 million direct wireless subscribers in 242 customer service areas. With this acquisition, Sprint has announced agreements to acquire more than 2.3 million Sprint PCS affiliate customers. The acquisition is expected to be completed in the first quarter of 2006.

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Sprint Nextel last week said it will buy wireless affiliate Alamosa Holdings for approximately $4.3 billion. Alamosa was Sprint's largest PCS affiliate. Alamosa provides Sprint PCS services in 19 states, serving approximately 1.48 million direct wireless subscribers in 242 customer service areas. With this acquisition, Sprint has announced agreements to acquire more than 2.3 million Sprint PCS affiliate customers. The acquisition is expected to be completed in the first quarter of 2006.

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