Sprint Nextel: Merger Ahead of Schedule (mentions synergies)
http://www.forbes.com/home/feeds/ap/2005/09/22/ap223 ... »
some snipits:
"Breaking down the savings, the company said $1.6 billion would come from increased revenue from improved customer retention and from being able to sell Sprint services to former Nextel customers and vice versa. An additional $3.7 billion would come from not having to duplicate network upgrades and from sharing cell towers; $4.4 billion would come from consolidating back office operations; $2.3 billion from smaller network operating costs; and $3.5 billion from savings tied to the company's larger scale.
"We're off to a great start," Gary Forsee, the company's president and chief executive officer, told analysts Thursday morning in New York. "We did hit t...
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some snipits:
"Breaking down the savings, the company said $1.6 billion would come from increased revenue from improved customer retention and from being able to sell Sprint services to former Nextel customers and vice versa. An additional $3.7 billion would come from not having to duplicate network upgrades and from sharing cell towers; $4.4 billion would come from consolidating back office operations; $2.3 billion from smaller network operating costs; and $3.5 billion from savings tied to the company's larger scale.
"We're off to a great start," Gary Forsee, the company's president and chief executive officer, told analysts Thursday morning in New York. "We did hit t...
(continues)
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Thanks for the info. As much as everbody gives you a hard time I still find you info to be excellent.
What do you think the fate of the remaining affiliates will be?
What do you think the fate of the remaining affiliates will be?
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I just can't bring myself to go over to the Sprint side... I just paid a s-load for an i850 and an i760 for my wife and I. Not to mention there's a Sprint tower right down the road and Sprint people still can't get a signal in my house, however, the Nextels have no trouble... Must be 1900 CDMA tower...
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yea it is the 1.9ghz spectrum and towers.... 1.9ghz doesnt do well penetrating the buildings as well as 800mhz.
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