Clearwire CEO Latest to Bash AT&T / T-Mobile Tie-Up
Don't hate the player, hate the game
This is a business. People are in it to make money. You think Sprint/Clear gives a flying phuck about the consumer? They're just hating cause they were outbid so now they're playing the consumer advocate card in an effort to improve their public image. What a crock. At the end of the day, they're just another company trying to make a dollar out of 15 cents.
AndroidRules said:
Sprint insulted the Germans with that $20 billion offer.
Do you have a link or something from some verifiable source, or are you just spouting nonsense made up in your mind?
daxdcagain said:
Do you have a link or something from some verifiable source, or are you just spouting nonsense made up in your mind?
To be quite honest, whether or not it's "nonsense" is completely irrelevant. The truth of the matter is DT said to Sprint, "Show me the money!" and guess who showed it to them. Money talks, bull$hit walks so DT sent Sprint trekking. End of story.
I think AndroidRules might have been going by the Wall St Journal estimate value of T-Mo USA and not necessarily what Sprint offered them at the bargaining table. Just a speculation.
The WSJ report pins T-Mobile's valuation between $20 billion and $30 billion, but an analyst told Bloomberg the company is worth closer to $15 billion or $20 billion.
Deutsche Telekom may be disappointed in the price an acquirer is willing to offer, Kovacocy said in an interview. Even though the company may expect about $25 billion based on the unit's earnings, buyers may want to pay less because of the customer losses, he said.
and
“It’s selling from a weak position in the marketplace,†said Kovacocy, who doesn’t own shares in either company. “The operations could fetch well sou...
(continues)
Dan Hesse: They offered you what?
DT: 39...
Dan: Holy crap! Take it!
DT: Really?
Dan: Yeah man that's a $%^#load of money... Hey... How much do you get if the deal falls through?
DT: 3 bil and some extra spectrum...
Dan: No %^$# ?! That's awesome. Well, let's merge when their buyout fails and we'll have even more resources.
DT: Hell, yes! Will do. Be seein' ya Dan.
Dan: Take care
* dramatization of a fictional(but possible) event.
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