OMG people!
Saint.Patrick said:
Sweet Jesus! 😲 John Garcia, the (now former)President of Sprint's CDMA Business Unit walked the plank effective yesterday. 😳 I wonder if Danny Bowman is next. 👀
I can see why, Sprint's shares were down to 1.33 this week. Oy vey!
Saint.Patrick said:
That is so true and sad...I wonder if Leap Wireless and Metro PCS were to combine forces, could they take over Sprint?
I highly doubt it. Both Metro PCS and Leap are too small to acquire a carrier the size of Sprint. At this point, I don't see Sprint being bought out by anyone given the credit crises, etc, who would finance such a takeover?! And with Sprint's current debt, it would be a deal breaker. Plus who wants to inherit the Sprint Nextel networks? Both sides have small native networks.
I think Sprint will probably bleed itself to the point where it may have to become an MVNO or it may reduce itself down to a regional carrier. I don't think Sprint will go completely out of...
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