Why Sprint Could Afford To Hang Up On EdsKevin Kelly and Wendy Zellner
Sprint Corp. Chairman William T. Esrey certainly knows the value of keeping his options open. On June 7, just a day after the nation's No.3 long-distance phone company admitted that merger talks with Electronic Data Systems Corp. were dead, it revealed that it was close to inking a deal with France Telecom and Deutsche Bundespost Telekom, the German phone company. The goal? To build a worldwide telecommunications giant capable of competing with globe-girding rival AT&T and with MCI Communications Corp., which forged an alliance last year with British Telecommunications.
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