| Going Out of Business? Sounds like Sprint is fixing to have a going out of business sale or making themselves attractive for an unfriendly takeover. More losses in the future! |
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| People who keep saying they will go out of business don't understand the flexibility that very large suffering companies have.
They may merge but they won't go away. They are a $40B for Fortune 50's company. They are bigger than Intel, Apple, Coca-Cola and Disney. Even if they lost several million more customers, Sprint would still likely be bigger than them.
They'll suffer CAPEX budget in near future to deploy new things (which is why they'll need outside investment to get WiMAX out the door) but they won't be going away anytime soon. See the car industry - suffering huge companies if anything simply become smaller or merge.
They could be bought by someone like SK Telcom or BT. Given the weak dollar, a foreign company just might be interested now that Sprint wrote off the Nextel merger value. |
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| Please don't take this the wrong way, but your unrealistic optimism about Sprint has a lot in common with whistling past the graveyard. |
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patcat88
join:2002-04-05
Jamaica, NY
kudos:1 | reply to xenophon
Sprint going out of business? Not happening. They are a public utility, someone will always be paying to use their frequencies. Its like the power company or cable company going out of business. They dont, atmost they merger/get taken over. |
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2 edits | reply to Brian Roberts
said by Brian Roberts :
Please don't take this the wrong way, but your unrealistic optimism about Sprint has a lot in common with whistling past the graveyard.
Please explain. Has there ever been a Fortune 100 company that went completely out of business in 5 or 10 years? I can't think of any. Suffering companies that big have either merged or have become smaller or have eventually turned around.
Even Sears, KMart and JC Penney still exist.
Companies this big can go through multiple bankruptcies and eventually pull through. I don't think Sprint is anywhere near bankruptcy, are they? |
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