Phone Scoop

printed July 28, 2015
See this page online at:
http://www.phonescoop.com/articles/article.php?a=7777

Home  ›  News  ›

Verizon Not Interested in Sprint Buyout

Article Comments  37  

Mar 22, 2011, 1:25 AM   by Eric M. Zeman   @phonescooper

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.

more info at Reuters »

AD

Comments

This forum is closed.

This forum is closed.

Slammer

Mar 22, 2011, 6:25 AM

Not Buying the No Buyout.

The FCC has already entertained the ok for the Tmo/ATT merge. This is due partly because Verizon is not contesting the merge. If Verizon is not interested in Sprint, this allows the perception that there will still be a valid source of choice for the consumers.

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...
(continues)
It sure doesn't. The prices will be the same. Publicly, AT&T and Verizon will trumpet the idea of Sprint as a worthy competitor but privately they will snicker. There is money to be made selling air. Lots of it...
...
MetroPCS or Cricket's coverage area and types of services offered are inferior to those of Verizon, Sprint, AT&T, or T-Mobile. I highly doubt that the big four carriers worry about the small stuff like MetroPCS or Cricket.
...
Naytess

Mar 22, 2011, 10:20 AM

I'm not interested in it either...

As a long time Sprint customer...I'm quite happy with there being "4" top carriers. IMO the AT&T-Mobile merge/buyout is/would be unfortunate for the consumer in the grand scheme of things. A VZW merge/buyout of Sprint would only make things worse.

Less options = Less competition = Less innovation = Bad for consumers.
I read a post that said most Europeans have 3 carriers to choose from.
...
Vincent513

Mar 22, 2011, 2:18 AM

Verizon said they weren't interested in the iPhone also !!

Verizon also said that a few years it turned down the iPhone when they launched the voyager...they have the iPhone now so obviously they lied...just like they know they would aquire sprint.
Very true... they said the same about the palm pre. This is just verizon trying to save face because they wont be number one anymore and Sprint is not going down without a fight. Verizon knows this. believe none of the media hype verizon puts out for ...
(continues)
I mean they actually scoffed at the notion...repeatedly. I am sure that AT&T wasn't interested in T-Mobile either. I mean the idea is too far fetched for any reporter to have posed with a straight face...but it happened. This is how deals get done....
(continues)
...
great point Verizon is the evil empire of wireless
...
Jewbear

Mar 22, 2011, 7:25 AM

Honestly.

As much as I do not like the idea I have to agree. This is not too far out of the realm of possibility. Sprint can compete with these two and I believe it will try very hard to show it can. Now the question is will it succeed? Time will tell. But I think sometime in the future both companies will have this conversation. And it is anyone's guess what happens then. I have Sprint an have had them for years. But it looks like the cell phone wars are coming down to 2 providers. ATT and VZW. Sprint can make it 3 but it will need to drop a MEGABOMB to prove they are here to stay.
had**
 
 
Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2015 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
2