Verizon Not Interested in Sprint Buyout
Verizon Wireless CEO Dan Mead, speaking at an event in Orlando, said that the company does not need to purchase rival Sprint. When faced with questions regarding AT&T's proposed acquisition of T-Mobile, Mead said, "We're not interested in Sprint. We don't need them." Earlier this week, AT&T proposed to buy GSM rival T-Mobile for $39 billion. If the acquisition is approved, it would make AT&T the largest network operator in the U.S., with approximately 130 million customers.
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Not Buying the No Buyout.
Since Cricket and MetroPCS are entities in many cities, ATT is trying to leverage these much smaller carriers such like Cricket and MetroPCS as options for consumers. To add Sprint into the mix, is yet another carrier choice with even more coverage. With a metropolitan area with 3-4 choices, The FCC can view this as enough competition for consumers to choose from. Sounds legitimate until it is all said and done. Once the opposition has been given the option to acquire an entity li...
I'm not interested in it either...
Less options = Less competition = Less innovation = Bad for consumers.
Verizon said they weren't interested in the iPhone also !!