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Acquisition of Nextel Partners completed by Sprint Nextel

Posted on June 26th, 2006

Sprint Nextel, six months after the deal was first announced, completed the acquisition of Nextel Partners. Sprint Nextel orignally owned about 31 perscent of Nextel Partners common stock. After the deal is completed, Sprint Nextel will reach out to 54 million addtional people in mid-size and rural areas of 31 states.

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