Nextel, Sprint Close to Merger (washingtonpost.com)

Nextel, Sprint Close to Merger (washingtonpost.com): "Nextel Communications Inc. and Sprint Corp. reached a tentative agreement to merge, a deal that would create the nation's third-biggest mobile-phone company and could bring significant changes to Nextel's Reston headquarters.

Sources familiar with the deal said it would create a company called Sprint-Nextel with 39 million subscribers. It was unclear yesterday what a combination would mean for consumers, although analysts said some customers might eventually need to get new phones as the companies combined their technologies."

But I like my phone!