FCC Clears Verizon Wireless's Acquisition of Rural Cellular
YOU HAVE TO WONDER
Aug. 6 (Bloomberg) -- Sprint Nextel Corp., struggling to stanch mobile-phone customer defections, posted a third straight quarterly loss and plans to raise $3 billion to help pay off debt, pushing the stock down the most in five months.
About 776,000 contract subscribers fled last quarter and Sprint disappointed analysts by predicting higher defections in the next three months.
Verizon doesn't need to acquire Sprint. All they need to focus on is making sure those defectors are signing up with VZW.
PS. I was in buffalo ny visiting friends that have verizon. nothing wrong with that. verizon is a good company. but the point is that we ended up watching sports updates and t...
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Ghosthendrikson said:Aug. 6 (Bloomberg) -- Sprint Nextel Corp., struggling to stanch mobile-phone customer defections, posted a third straight quarterly loss and plans to raise $3 billion to help pay off debt, pushing the stock down the most in five months.
About 776,000 contract subscribers fled last quarter and Sprint disappointed analysts by predicting higher defections in the next three months.
Verizon doesn't need to acquire Sprint. All they need to focus on is making sure those defectors are signing up with VZW.
here is an interesting fact:
Verizon was billions in debt and still acquired alltel for another 20 billion. who is going to pay for that? the subscribers....
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