Saturday, February 01, 2020

T-Mobile & Sprint Merger Stay Losing?!?!

A WSJ op/ed behind a paywall shows telcom hopes dashed . . .

"Why Hope Is Fading for Sprint and T-Mobile"

Here's a riff on this topic with a bit more insight to share with the public . . .

What will Sprint do if the T-Mobile deal fails?

In its third quarter 2019 earnings statement this week Sprint CEO Michel Combes said, "I continue to be impressed by the commitment of Sprint employees to deliver results during this period of uncertainty." Indeed. It is always difficult for employees to keep chugging along in a corporate environment of total uncertainty.

3 comments:

Anonymous said...

Sprint stock is approaching $0.00 Thats gonna gut their defined pension palns for thousands of employees from 1989 to 2004

Anonymous said...

Regardless of the outcome Sprint looses, Kansas City looses, and the competition wins. Sprint was out of the race before the race started. The leadership of T-Mobile moved on to other projects.

Anonymous said...

The stupid Attorney Generals from some states (nearly all Democrats) got "butt hurt" because some T-Mobile and Sprint executives stayed at Trump Tower when they were in New York for meetings. Now, they've decided to play hard ball and not help out a company that has hardly ever shown a healthy quarterly profit over several decades. I have a feeling the deep-pocketed lobbyists at AT&T and Verizon have something to do with this, too. The FCC and DOJ have already approved it. Talk about a bunch of whiny babies and duopolists acting in unison to stop something that creates a much stronger third national carrier. There are so many choices now in wireless that the AGs don't have a good argument.