LONDON (AFX) - Sprint Nextel Corp is close to choosing Nokia Corp as its
third primary network-equipment provider for its next-generation wireless
network throughout the US, the Wall Street Journal reported in its online
edition, citing people familiar with the matter.
Sprint, which this past summer selected Motorola Inc and Samsung Electronics
Co as the other providers, plans to spend about 3 bln usd on the network using
WiMax technology in the next two years, the WSJ reported, adding that Nokia can
expect to get a portion of that as well as additional handset orders from
Sprint.
Sprint could announce its choice of Nokia as early as next week, people
familiar with the matter say. But the deal isn't final and could still fall
apart.
The paper said others competing to be Sprint's third supplier included
Alcatel-Lucent, Nortel Networks Corp, and Chinese companies ZTE Corp and Huawei
Technologies Co.
newsdesk@afxnews.com
tc
Bay View Cap stock quotes
Bay View Cap stock charts
Follow this thread
