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Sprint Nixes Investment Bid from SK Telecom

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This decision was for the best!

knx2

Nov 30, 2007, 7:44 PM
No company would turn down 5 billion dollars without good reason.
Sprint read the proposal and decided not to even comment on to why to turn it down. That reason alone should tell you it must have been a horrible idea.
I bet SK Telecom wanted to change the name of Sprint, cut employees, etc.
Good move Sprint!
Sprint will turn things around with thier 4g n etwork im sure 😉
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DJOlde

Nov 30, 2007, 7:56 PM
Five billion dollars? That is chump change. Sprint is worth $45 billion right now. Which director in their right mind would vote to give that company away for 5 billion? What a joke!
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