tc1uscg
join:2005-03-09
Saint Clair Shores, MI
| reply to GOLFnSUN
Re: uh-oh
Ralph Whitworth of the San Diego firm Relational Investors, the same activist who shook up Home Depot and helped force out its chief executive, is agitating for a pullback in Sprint’s capital spending, a possible sale of its long-distance network and other changes after taking a stake in the company.
Whitworth, of Relational Investors, challenges Forsee’s leadership of the company.
Selling of the LD backbone? That's funny. What would PCS do if they did that? Right. Pay for access charges from the likes of AT&T, Verizon and the company who buys Sprint's best kept secret.. their wireline backbone. That would be like Homedepot selling off all it's stores and selling it's nails and potting soil out in the parking lot (without tents)  . It was STUPID for Sprint to bow down and let the local division go away. AT&T and VZ didn't have to sell off it's divisions so it was a retarded thing for Sprint to do. Sad to see them go out of business after over a hundred years of telecom services all because of those greedy bastards, the investors.   |
