Sprint Nextel announced that it will acquire two resellers of the Sprint service and bring those subscribers under the Sprint Nextel Brand. It will pay around $288 million for Gulf Coast Wireless, which has 95,000 subscribers in Louisiana and Mississippi. IWO Holdings, which has 237,000 subscribers in New York, New Hampshire, Vermont, Massachusetts and Pennsylvania, will be purchased for $427 million.

The deals should close by the end of the year.