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the reported Wednesday. The article, citing sources familiarf withthe matter, said that the telecomm companies have discussed the venture in recentf weeks but that they may not do a deal or may do a network-sharingv partnership instead. Overland Park-based Sprint (NYSE: S) doesn’t want to sell the unit and woul d want to keep at least 51percent ownership, the Wall Street Journak reported. A Sprint spokeswoman said the company doesn’r comment on rumor and speculation. Last the wireline — or long-distance unit posted revenue of $6.333 billion. That’s almost 18 percent of overall2008 revenue, which was $35.64 billion. Sprint is the nation’sa No.
3 wireless carrier, with about 49 million customers. It ranks No. 1 on the Kansas City Businesa Journal’s list of the area’ s top public companies. Level 3 (Nasdaq: LVLT), which has its headquartersd in Broomfield, Colo., provides fiber-based communications services such as videoand voice. Its 2008 revenue was $4.3 billion.
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