Haiku Friday was such a hit on the SprintConnection that we thought we would try another day-of-the-week theme. How about M&A Thursday?

Just kidding. Sort of.

Mergers and acquisition talk certainly is swirling around Sprint again. Pali Research says today that the sale of iDEN, or the Nextel portion of Sprint’s network, is “inevitable.”

Once that happens, the overall sale of the rest of Sprint becomes a more likely possibility, Pali’s Walter Piecyk said.

“Clearly the mess at Sprint was intimidating for potential acquirers given the multitude of technologies which are not global standards,” Piecyk wrote. “The sale of iDEN would make the sale of the remaining CDMA and LD business much more feasible.”

Piecyk lists possible buyers that include Comcast, SK Telecom, Deutsche Telekom and even Verizon.

How about Google?

Dana Blankenhorn at ZD Net apparently wasn't all that impressed with Sprint's second-quarter
financial report.

The company lost money again. Sprint lost subscribers. Again.

So does Blankenhorn want to give Sprint CEO Dan Hesse another quarter or two to see if the turnaround takes hold or not? Not exactly.

"If we are to see real competition, in wireless or broadband, it's time for Google to take out Sprint," Blankenhorn wrote late yesterday.

This isn't another just another batch of lighter fluid being dumped on the smoldering embers of rumors that Deutsche Telekom,
SK Telecom or somebody else is poised to snatch up struggling Sprint.

This time you can blame Sprint itself for fueling the talk.

Sprint definitely is selling itself. At least a part of itself. On Wednesday the company said it planned to sell about $3 billion of preferred stock as the new Sprint Chief Financial Officer aims to
clean up the $23 billion pile of debt on the balance sheet.

The way Blankenhorn figures, the folks in Mountain View would have to write a check only about twice as big as they did for YouTube.

Google already is involved with Sprint in the high-speed wireless WiMax technology venture.

"While tests and deployment of WiMax are moving ahead, no one trusts the Sprint brand (and with good reason — I'm a dissatisfied customer). It actually lost 901,000 customers last quarter," Blankenhorn wrote. "The answer is simple. Buy the preferred, becoming Sprint's largest
shareholder. Then, with institutional support, change the brand name to Google Wireless. Or Google Clearwire. Customers will immediately give the company a second chance. Google gets a large retail network
for pushing Android phones and WiMax cards, as well as Google swag and the Google brand."

In the meantime, we still will give the high-tech Haiku stuff a rest on SprintConnection. For now. You can still get your Haiku fix here or here.