Sprint Nextel in talks to merge with T-Mobile

The No. 3 U.S. wireless carrier is talking with Deutsche Telekom over a merger with its U.S. T-Mobile unit, the nation's No. 4 mobile phone carrier, according to published reports.

Sprint Nextel reportedly wants a majority stake, but Deutsche Telekom hasn't agreed. Sprint-controlled Clearwire, also could be part of a deal.

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