NEXTEL Message Board - Msg: 7796406

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To: Satellite Mike who wrote (8741)	2/12/1999 11:49:00 AM
From: Anthony Wong	Read Replies (1) of 10227

Is Nextel Being Prettied Up For Sale? Business Wire February 12, 1999, 11:08 a.m. ET Business Editors NEW YORK--(BUSINESS WIRE)--Feb. 12, 1999--Nextel Communications is selling its radio towers for $560 million and then leasing them back from SpectraSite Communications. The deal is fueling speculation that Nextel, controlled by wireless pioneer Craig McCaw, is sprucing up its balance sheet for a sale. One potential suitor is MCI WorldCom, which has virtually no presence in the wireless industry. Nextel declined to comment on the possibility of a sale. --30--md/na* CONTACT: Robert Pondiscio Publication: Business Week Phone: 212-512-6311 Fax: 212-512-2030 Website: www.businessweek.com KEYWORD: NEW YORK INDUSTRY KEYWORD: TELECOMMUNICATIONS Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com

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