Tuesday, December 14, 2004

CWA Calls for Scrutiny of Sprint, Nextel Wireless Merger

The Communications Workers of America, a union that represents about 3,400 Sprint employees who work for Sprint's local telephone companies, calling on federal and state regulators to carefully address the critical issues raised in the proposed deal by Sprint Corp. to acquire Nextel Communications.

The CWA is concerned that the spinoff of Sprint's local telephone companies, which now serve 7 million mostly rural customers in a number of states, might saddle rural ratepayers with a disproportionate share of the company's wireless debt. CWA is also calling on regulators to make certain that Sprint workers at the local telephone companies are not subject to job loss, reduction in their standard of living and loss of pensions and other benefits, due to this wireless acquisition. http://www.cwa-union.org/


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