Sprint No Longer Sure About T-Mobile Bid
Sprint is rethinking its intent to make a bid for T-Mobile after the idea was met with skepticism from government officials. Sprint Chairman Masayoshi Son and CEO Dan Hesse met with the U.S. Department of Justice and the Federal Communications Commission in recent weeks. Both agencies indicated a merger between Sprint and T-Mobile would face tough resistance from antitrust regulators. Though Son and Hesse knew the idea would be meet some pushback, they were surprised by the level of skepticism for the deal, according to sources cited by The Wall Street Journal. Sprint and T-Mobile contend that the only way for them to effectively combat AT&T and Verizon Wireless is to join forces. U.S. officials have, however, made it abundantly clear they prefer to have four national carriers and not three. The Journal says Sprint may yet make a play for T-Mobile, but will likely spend weeks or longer to weigh its options.
Well, it's clear...
The above statement verifies my thoughts all along. The only companies to remain in control of the country's wireless industry, are VZW and AT&T. The two have been able to manipulate the industry by leverage of financial pork for merge after merge until they have consumed almost every last tiny carrier. Now that the realization is in view to help quell the insanity, no other large merge will be allowed.
Now it is Sprint or TMO to remain distant third and fouth without ever having the chance to grow. For those that think four major carriers is the ideal scenerio, you will have allowed the two largest to win and never be ...
T-Mobile is grabbing customers at a record pace. Most of them are not from Sprint. They are forcing AT&T and Sprint to act and eventually Verizon will as well in order to re...
This article sums up Sprint beautifully...
Dead on accurate.
This gentleman is viewing the entire landscape without drawing irrational conclusions.
. I've been in upper management with T-Mobile when they did Flex plans with no credit checks and stuff to get more subscribers but in the long run it never attracted, or kept, the quality customers that you need a
Nice way to start my Monday morning
Surprised and Clueless
"... they were surprised by the level of skepticism for the deal." This shows how clueless they are about their own field.
No, if you think that Hesse and Son are "clueless," then it might be you wh...