OMG people!
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. 👀
...
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!
...
That is so true and sad...I wonder if Leap Wireless and Metro PCS were to combine forces, could they take over Sprint?
...
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...
(continues)
...
Someone just needs to call Bill Gates and/or Warren Buffett. I'm sure those two would lend some money over to Leap Wireless and Metro PCS for a Sprint buy out. Sprint's native 1.9GHz network is larger than the combined one of Leap Wireless and Metro PCS. Imagine a 100% all digital national network where you can have unlimited voice/messaging/data service for less than $65 per month.
...
