Sprint Dials Again.

Author:Becker, Michael
Position:Plans partnership with Pegaso PCS - Brief Article

BARELY A YEAR AFTER ITS PARTNERSHIP WITH TELEFONOS de Mexico (Telmex) was disconnected, Kansas City-based Sprint Corporation is dialing a new partner south of the Rio Grande.

* Sprint's wireless division, Sprint PCS, signed a memorandum of understanding in December 1999 with Mexican telecom start-up Pegaso PCS. Sprint could purchase as much as 30% of Pegaso for an estimated US$250 million. "There is no deal yet, we continue to negotiate," says Sprint PCS spokesman Tom Murphy. Both sides were expecting to have a final deal during the first quarter of 2000.

* Sprint PCS operates the only U.S. nationwide digital wireless service. Some of the company's fastest growing markets are along the U.S.-Mexican border. Pegaso offers...

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