Top message: Time for Verizon to buy Sprint? by andy2373
Replying to: Re: Time for Verizon to buy Sprint? by DiamondPro
Re: Time for Verizon to buy Sprint?
Verizon is not going to buy Sprint anytime soon. Just because tmobile is being bought out doesn't mean Sprint will. Fail post to say the least. Verizon has already clearly stated they have no interest in buying Sprint.
Of course Verizon says they have no interest in Sprint. It is in Verizon's best interest to state publicly that they have no interest in Sprint, because that would just boost Sprint's stock price, which would make Sprint more expensive for them to eventually buy.
Verizon has time on its side. If the ATT/T-Mo deal falls flat, then Verizon doesn't have to do anything, just stay the course as they are doing now. ATT spends a ton of money and corporate energy pursuing T-Mo, and Sprint continues floundering around and becoming weaker, while Verizon keeps moving ahead with 4G and becoming stronger every quarter in both 3G and 4G.
You don't necessarily have to be big enough to beat your competitors/enemies, you can just hunker down and hang tight until they make enough mistakes to become weak, then move in for the kill. Or, as law enforcement knows, it is not smart to try to ram their cars into a fugitive in order to stop them, cops know the smart thing to do is just follow the fugitive closely and avoid crashing the patrol car, and wait until the fugitive makes a stupid mistake in desperation and crashes himself.
However, if by some chance ATT is successful at acquiring T-Mo, THEN you will see Verizon looking more closely at a possible acquisition of Sprint. Sprint has 50 million customers total, plus it has a disproportionately high amount of spectrum for a company its size (much of it courtesy of the Nextel acquisition), so the day may come when Verizon would be smart to acquire Sprint at a below-market price.
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