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SK Telecom to acquire Sprint/Nextel?

Categories: Rumors, Sprint
By: , IntoMobile
Friday, July 27th, 2007 at 5:59 AM

SK TelecomCan you imagine a South Korean telecom jumping in the U.S. market? Germans are already present via T-Mobile, while Vodafone has a decent stake in Verizon, so what’s wrong with Koreans entering the market. Absolutely nothing!!! I would even add it’s a good thing, especially if they bring their cool handsets and awesome 3G services to the U.S. soil!

Anyway, according to the always well informed Boy Genius, SK Telecom is in talks to acquire Sprint/Nextel. Not many things are known at this stage, but we assume the Korean telco would like a piece of the American pie — they already have 40 million subscribers in domestic market, a stake in 2nd largest carrier in China, and are also involved in various other ventures across Asia. On the other side of the fence, Sprint could use some additional cash to hurry up with its WiMAX network roll-out

We’ll watch this space carefully. Stay tuned…

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About The Author

Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.