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The on-again, off-again dance between Sprint Nextel Corp. (S) and T-Mobile USA Inc. (DTEGY) looks to be on again as published reports this morning indicated that the nation's No. 3 and No. 4 operators are again in talks about a possible hook up.
While the reports noted that any potential deal is not expected in the short-term and that talks between the two have been reported in the past, the timing of the talks does seem ripe. Though the two operators are still quite large on their own, recent history has not been easy as they have fallen further behind their larger rivals.