According to a report over at TMCnet, rumor has it that Google is mulling whether to acquire Sprint Nextel, which Barron's evaluates at $67 billion in terms of market cap and debt (but without acquisition premium). The rumors reportedly gathered some momentum late last week when Sprint announced plans not to work with Clearwire on a pooled, nationwide WiMAX network. Google recently announced a key facet of its mobile plans: an open platform for handsets called Android. Analysts say convincing major operators to adopt the platform is still Google's biggest problem.
For more on the rumor:
- read this post from TMCnet
Related:
- Check out the first video demos of the Android Platform