i dont think it will be $15 billion for nextel partners, al though that would be nice since i own nxtp shares but i think the buyout price will be around $31 per share or $8.3 billion dollars. $15 billion is far fetched in my opinion becuase that means the price per share would be around $55 which is about a 60 percent premium and that will never happen.
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Just referring to my total price for all affiliates and NP.
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perhaps. so far it is around $10 billion. (if partners gets bought out for the $8 billion)
Alamosa(APCS) is next and then UPCS (Ubiquitel), or they can just make new contracts and agreements. it really depends what those two affiliates want.
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Alamosa wants a huge windfall and to sell to Verizon :-)
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Wait a minute....that article says that the merger cost Sprint $35 billion. But Nextel18 always says that it only cost Sprint 2 or 3 Billion (I don't remember exactly).
Now who do we believe???? Nextel18 or Business Week Magazine???? Hmmmm.... 😲 😳 🙄
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it is a $35 billion dollar transaction if you include stock swapping but sprint only spent $2 or $3 billion in cash for special dividends to nextel shareholders. thus; being $2 or $3 billion. for example, the cingular for att wireless purchase was $41 billion IN CASH and no stock... there is a big difference between $2-3 billion in cash paid, $41 billion in cash paid, and $35 billion in stock paid, becuase the $2-3 and $41 billion comes out of the bank, while the $35 billion doesnt becuase it comes out of the stock price which increases your outstanding shares.
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And you don't think Cingular either has, or is planning to, release more shares of their own stock to compensate for the shares of AT&T wireless that they purchased. 🙄
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problem is... they dont have shares.. bell south and sbc do, however, they already borrowed that money from the banks in order to pay for this purchase. that is why i said that there is a differnce between spending $41 billion JUST IN CASH and $35 billion in 99 percent stock and 1 percent cash. (ie $33 billion in stock and $2-3 billion in cash)
i also wanted to make a note that the $35 billion dollar purchase actually goes up or down based on what the stock price does (of sprint's), however, with a cash purchase like cingular did with ATT wireless, that purchase price stays the same becuase its a cash purchase. meaning if sprint's (fon) goes up the purchase will be more, however, the $2-3 billion will stay the same, but if sprint's stoc...
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I completely understand. I still find it hard to believe that it was such a horrible purchase, as you have so kindly stated many times, if SBC and BellSouth didn't have a very easy way to re-coup the funds already planned out.
Financially, it is not near as bad as you make it out to be. It just can't be. That was my point.
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i am glad that you understand...
the point of why i dont think that it was a good idea for cingular to buy out att wireless for $41 billion dollars is becuase this market is becoming saturated and i dont think it is wise to spend such a lot of money to expand when they could have done it organically. i mean those two companies were on opposite sides of the spectrum. meaning one was a good company in cingular and one was a horrible company in att wireless.
perhaps its not as bad as i make it out to be but i am just using common sense here.
if i had to spend $41 billion dollars it wouldnt be on buying another company. i would take those resources and build twice the amount of towers or maybe 3 times the amount of towers in that yea...
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