KANSAS CITY, Missouri: Sprint Nextel Corp.'s chief executive said Thursday that consolidation in the wireless industry may be coming but it will be difficult.
Speaking to analysts in New York, CEO Dan Hesse said he doesn't comment on "media speculation" after U.K.'s Sunday Daily Telegraph reported that Deutsche Telekom AG, the parent of T-Mobile USA, was considering a bid to buy Sprint, the third-largest U.S. wireless provider.
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