Verizon Not Interested in Sprint Buyout
Mar 22, 2011, 1:25 AM by Eric M. Zeman
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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