Sprint Reduces Voting Rights, But Not Equity, In Clearwire
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Really?
Geeze, so they think if they come up with some scheme to make people feel they don't own the majority of Clear so they don't look bad? Doubtful it will work. And they're better off blaming AT&T and VZW for their problems. Not their bad investment choices. hchmmm Nextel.
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I don't think buying Nextel was Sprint's biggest mistake. Say what you want about Nextel, but no one else has a PTT network that beats Direct Connect. No, Sprint's problem was the failed attempt at trying to replace Direct Connect with Q-chat.
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no, BUYING Nextel was not Sprint's biggest mistake... its what they DID to Nextel afterwards...
Sprint writing off $30+B is widely recognized as one of the most disasterous losses/destruction of corporate value in history. Its hard to argue that the mismgmt of Nextel's value was not a huge mistake, blunder, incompetency -- whatever you want to call it...
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