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sonicmerlin

join:2009-05-24
Cleveland, OH
kudos:1

reply to PGHammer

Re: It's here.......well, in some places..

said by PGHammer:

Let's look specifically at Sprint - Sprint used to be a CLEC/ILEC and LDS provider (in addition to a small regional wireless provider). Sprint bailed out of the long-distance bsiness (when that became a flat-rate forest; in other words, a dumb pipe), spun off the ILEC/CLEC biz (now Embarq), and is *still* burning through cash at a horrendous rate. (Worse for Sprint, they are still hemmorhaging the customer with the highest pay-through rate for a wireless carrier - the business customer; and they are losing them to both AT&T Mobility and VZW.) Most investors want nothing to do with Sprint's stock (and even fewer want any part of Sprint's debt; it's junk status today); however, Sprint can't afford to raise prices (even though they are already losing their customer base in droves; they have the highest churn rate in national wireless). What have the investors and business customers picked up about Sprint that some of us refuse to see? We've seen two other companies go down this path in this industry - Adelphia and Worldcom.
You're very good at twisting reality ever-so-slightly to fit your agenda.

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