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Article: Motorola likely winner in Sprint/Nextel deal.(News)
- Article from:
- RCR Wireless News
- Article date:
- December 20, 2004
CopyrightCOPYRIGHT 2004 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: MIKE DANO
Many in the industry peg iDEN handset vendor Motorola Inc. as a major winner following the merger between Sprint and Nextel Communications Inc. Motorola's position is enviable as the company also has managed to capitalize on the merger between Cingular Wireless L.L.C. and AT&T Wireless Services Inc. with the sale of several devices that are exclusive to the newly combined carrier.
Indeed, Motorola appears to be riding a wave of positivity on Wall Street. The company's stock has been tracking slowly upward over the past few months, and analysts polled by Thomson First Call predict the company will report revenues of $8.81 billion in the ...