Verizon WiMax?
After Verizon Wireless buys Sprint out of bankruptcy, do you think they may continue with the WiMax roll-out?
http://washington.bizjournals.com/washington/stories ... »
http://washington.bizjournals.com/washington/stories ... »
...
🤣
Sprint reported a loss for its latest quarter as its subscriber base shrunk for the third straight quarter.
Sprint, which calls Reston its corporate headquarters although the bulk of its operations are based in Overland Park, Kan., had a first quarter net loss of $211 million, or 7 cents per share compared to net income of $419 million or 14 cents per share in the same quarter a year ago. Revenue was unchanged at $10.1 billion.
Sprint lost 220,000 traditional wireless service customers last quarter, although its pre-paid Boost Mobile division picked up 275,000 customers. Its churn rate for traditional customers, or the rate at which customers are canceling their accounts was 2.3 percent, unchanged from the fourth quarter...
(continues)
Sprint reported a loss for its latest quarter as its subscriber base shrunk for the third straight quarter.
Sprint, which calls Reston its corporate headquarters although the bulk of its operations are based in Overland Park, Kan., had a first quarter net loss of $211 million, or 7 cents per share compared to net income of $419 million or 14 cents per share in the same quarter a year ago. Revenue was unchanged at $10.1 billion.
Sprint lost 220,000 traditional wireless service customers last quarter, although its pre-paid Boost Mobile division picked up 275,000 customers. Its churn rate for traditional customers, or the rate at which customers are canceling their accounts was 2.3 percent, unchanged from the fourth quarter...
(continues)
...
Sprint's never going down...the loss of the 20billion dollar government contract did make a big dent..but as soon as the wimax rolls out...Sprint will be up and running at a profit once more!
...
A bottle of Gatorade won't help someone who has already died from a heat stroke!
...
The smart thing would be for a company to just buy out Sprint/Nextel and sell it off in pieces. CDMA, iDen, Wimax. I doubt Verizon will do anything even if Sprint goes under.
...
I agree with LordObento...Becides the FCC wouldn't allow Verizon to aquire sprint...that would make verizon almost a 100million strong..to close to a monopoly, with 2 major wireless providers eliminated leaving only At&T and tmobile..then Att would prob petition to acquire tmobile if the sprint verizon was a go..then we would only have 2...ATT for gsm and Verizon for cdma...Then they would really really really jack up the prices..!
...
If Sprint were to flop, I believe Comcast will be the corp that will purchase Sprint. There's already been talks about this.
...
This is all theoretical mumbo jumbo Sprint is never going down...not making a titanic like statement but its been here since 1899 that's like saying when ford goes bankrupt will GM buy them...
...
Anything is possible. Shareholders mostly care about one thing....money. Comcast has deep pockets to make this happen. I personally hope Sprint doesn't flop and sell.
...
