 Network Guy
Premium Member
join:2000-08-25
New York
kudos:3 |
They needed money... and they got it.
So I wonder if Sprint will continue their unlimited offerings or start data buckets like the rest except T-Mobile? | |
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Re: They needed moneyWith Dan still in the driver's seat for New Sprint, I don't see that happening. Unless Softbank keeps him on close tabs. | |
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| | Network Guy
Premium Member
join:2000-08-25
New York
kudos:3 |
Re: They needed moneyAt 70% Japanese ownership stake now, I'd bet Hesse will be nothing more than a Japanese puppet now more than what his role is supposed to be. | |
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| | |  FFH5
Premium Member
join:2002-03-03
Tavistock NJ
kudos:5 |
FFH5
Premium Member
2012-Oct-15 12:27 pm
Re: They needed moneysaid by Network Guy:At 70% Japanese ownership stake now, I'd bet Hesse will be nothing more than a Japanese puppet now more than what his role is supposed to be.
Here is Softbank's road plan on how this will all play out financially. Lots of steps, I am sure, to avoid tax issues: » webcast.softbank.co.jp/e ··· 5_01.pdfThey needed someone who knows the operations, so Hesse is nominally in charge. But you are right - he won't make any of the strategic decisions from now on - he will be a puppet. --
»www.gop.com/2012-republi ··· rm_home/
»www.gop.com/2012-republi ··· onalism/ | |
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Re: They needed moneyHe may know the operations, but he could easily be replaced as well. He could make him train his replacement and bring in someone from their own company, and that they trust. | |
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| FFH5
Premium Member
join:2002-03-03
Tavistock NJ
kudos:5 |
to Network Guy
A Q&A on what this deal may mean for customers: » news.cnet.com/8301-1035_ ··· 1_3-0-20 How will this affect my service? Is Sprint going away?
Over the next few months, Sprint's service will definitely remain unchanged. There shouldn't be any dramatic changes even after the deal is completed, as Softbank has indicated that it would want Sprint to continue executing on its plans to compete in the U.S. marketplace. And no, Sprint won't be going away as a result of this deal. Down the line, Sprint customers may actually start to see some perks from the deal.
What kind of perks?
Softbank's Son has been critical of wireless speeds in the U.S., and could call for a jump start in Sprint's network deployment. The cash infusion should help Sprint accelerate its network improvements and further expand and improve its coverage.
What happens to my unlimited plan?
Sprint's unlimited data plan appears to be safe. The network improvements and cash should help to alleviate any potential bandwidth or financial pressure, allowing the company to maintain the option. Competitively, it would be suicide not to keep it going.
How does Clearwire figure into the mix?
Sprint and Softbank explicitly called out Clearwire in their announcement, saying Sprint wouldn't have to take any action beyond its current deal with Clearwire. Son, however, hinted that he would like to do more with Clearwire down the line. Softbank is likely interested in Clearwire because they are both investing in the same flavor of LTE, known as TD-LTE, which is different than what Sprint, AT&T, or Verizon are using for their networks. Having Sprint and Clearwire under one business would certainly simplify things and give Softbank control of a lot more spectrum in the U.S. Sprint has committed to using Clearwire's upcoming TD-LTE network to help alleviate the strains on its own network. This deal doesn't change that arrangement.
»www.gop.com/2012-republi ··· rm_home/
»www.gop.com/2012-republi ··· onalism/ | |
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Re: They needed moneySprint should have put Clear under the same roof from the start instead of giving up on 4g only after 2 markets were launched. They could have been making the $$$ on the wholesale agreements that CLEAR has. | |
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to FFH5
Could someone clarify what these various flavors of LTE are? | |
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| | | FFH5
Premium Member
join:2002-03-03
Tavistock NJ
kudos:5 |
FFH5
Premium Member
2012-Oct-15 3:38 pm
Re: They needed moneysaid by PastTense:Could someone clarify what these various flavors of LTE are?
Check this out: » www.radio-electronics.co ··· ture.phpThe frame structures for LTE differ between the Time Division Duplex, TDD and the Frequency Division Duplex, FDD modes as there are different requirements on segregating the transmitted data. » www.radio-electronics.co ··· plex.phpLTE FDD using the paired spectrum is anticipated to form the migration path for the current 3G services being used around the globe, most of which use FDD paired spectrum. However there has been an additional emphasis on including TDD LTE using unpaired spectrum. TDD LTE which is also known as TD-LTE is seen as providing the evolution or upgrade path for TD-SCDMA. In view of the increased level of importance being placed upon LTE TDD or TD-LTE, it is planned that user equipments will be designed to accommodate both FDD and TDD modes. With TDD having an increased level of importance placed upon it, it means that TDD operations will be able to benefit from the economies of scale that were previously only open to FDD operations. --
»www.gop.com/2012-republi ··· rm_home/
»www.gop.com/2012-republi ··· onalism/ | |
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to Network Guy
SoftBank offers unlimited in Japan, so I don't see why they'd try to end it in the US. | |
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Dan Jones
Anon
2012-Oct-15 4:20 pm
Re: UnlimitedI went ahead and asked Sprint about unlimited too. They say nothing is changing for now: » www.lightreading.com/blo ··· =225942&This is what a spokesman for the operator told me: "Unlimited data is a key differentiator and we have not announced any plans to stop offering them." | |
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| | openbox9
Premium Member
join:2004-01-26
Springfield, VA
kudos:2 |
to NiteSn0w
Re: They needed moneySoftbank also offers arguably the worst network of the big three in Japan, so I guess everything seems to fit well for the Sprint acquisition. | |
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 skeechanAi Otsukaholic
Premium Member
join:2012-01-26
AA169|170
kudos:2 |
skeechan
Premium Member
2012-Oct-15 12:07 pm
Just gimmie the domain......so I can join LOVE9CUBE. GO Ai-chin!  | |
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SweetSo glad I bought so of sprint's stock reciently, I just doubled my investment! | |
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|  88615298
Premium Member
join:2004-07-28
West Tenness |
88615298
Premium Member
2012-Oct-15 1:15 pm
Re: Sweetso you have $20 now? | |
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| MordhemLove it, Hate it.
join:2003-07-10
Baltimore, MD |
to OSUGoose
said by OSUGoose:So glad I bought so of sprint's stock reciently, I just doubled my investment!
I wish I would have payed attention to their stock if it was down to around 5 dollars I would have been buy as much as I could up, thats like watch Microsoft hit 10 dollars you know eventually it will pay back huge unless its going bankrupt, yea... as if lol. Considering how big these companies are getting or already are and how much assets of the American currency they should do more if they like their country at all. People might not agree with this but when you're a super rich corporation you become bigger then just making a little money they hold the same amount of power as a monark did take for instance if they don't hire people no jobs will be created and the money won't be distributed, If they don't decide to upgrade to future technologies then the large part of the country they control will not evolve and also jobs won't be their for the people. They have a obligation now and thats what comes with power, they can ether keep doing it how they are or they can understand they represent us. The only thing this country has been in the top 5 is for war.Though I feel mix about watching foreign company take over large parts of the US, but if they have the interest of the US people and want us to cheer for that company like kinda like how honda supports us and has created American Jobs then I'm for it. Thats why I hope one day a company enters the communications market to buy out a small cable company and upgrade it to FTT Pole or House then Coaxial. They could run over much of the city markets especially copper phone companies that want collect money but not upgrade the over 100 years old telecom network. Verizon has stalled all deployment of their network upgrades. This is why America is failing, while other country's move past us in everything and their rich actually use their large wallets to invest in their countries infrastructure while ours gets tax breaks and sit on the large amount of wealth that was gave to them by the government now they don't want to play ball thats the problem with our ultra rich there is no more innovation and why do anything they have made it, or well should I say its been gave it by the government. --
"Thats Daddy Comcast to you Ma'bell." "I love TV but god dam don't burn my house down" "Comcast subscribers have been giving local new channels high ratings watching Verizon set peoples houses on fire" "Now Thats TV" | |
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to OSUGoose
said by OSUGoose:So glad I bought so of sprint's stock reciently, I just doubled my investment!
Now it's time for me to sell my shares since someone finally acquired this turd bird. | |
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| openbox9
Premium Member
join:2004-01-26
Springfield, VA
kudos:2 |
to OSUGoose
Hopefully you've booked your double since Sprint's pps probably won't move much higher than where it is now. As usual, buy the rumor, sell the news. | |
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Speed up LTE Deployment?I wonder with this acquisition by Softbank, will it speed up Sprint's LTE deployment? | |
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Dan Jones
Anon
2012-Oct-15 1:07 pm
Re: Speed up LTE Deployment? | |
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Re: Speed up LTE Deployment?Bummer | |
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Re: Speed up LTE Deployment?But the investment helps to ensure that it stays on schedule. The deal won't close til next Summer anyway, but there is a fairly immediate $3B that Sprint will get before approved.
Softbank is the one taking the risk here. Sprint doesn't really have anything to lose. Sprint could pay off some debt, rollout LTE that is better funded and maybe even buy out Clear and/or Cricket. If Softbank fails in 3-5 years, Sprint will likely just split off our be bought by someone with Sprint in much better shape. | |
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Dan Jones
Anon
2012-Oct-15 3:13 pm
Re: Speed up LTE Deployment?yeah, that's right, they might not speed up LTE deployment but it will actually get done now. | |
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| 88615298
Premium Member
join:2004-07-28
West Tenness |
to bookertdub
said by bookertdub:I wonder with this acquisition by Softbank, will it speed up Sprint's LTE deployment?
SoftBank revealed Monday that it will make a massive investment in Sprint. Most of the money, $12.1 billion, will be distributed to Sprint shareholders, and $8 billion will be new capital that will go toward the strengthening of Sprint's balance sheet.So they get $20 bill and will not spend a single penny on infrastructure. $20 bil and they could outbid Verizon and at&t during the spectrum auctions. Or at the very least make the cost of that spectrum for at&t and Verizon much more expensive. This is why modern stocks suck. The whole intention of stock is to raise capital to EXPAND the business not just to hand out more money to investors. The money the investors get is supposed to be from increased revenues of said expansion of the business. | |
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Re: Speed up LTE Deployment?said by 88615298:said by bookertdub:I wonder with this acquisition by Softbank, will it speed up Sprint's LTE deployment?
SoftBank revealed Monday that it will make a massive investment in Sprint. Most of the money, $12.1 billion, will be distributed to Sprint shareholders, and $8 billion will be new capital that will go toward the strengthening of Sprint's balance sheet.So they get $20 bill and will not spend a single penny on infrastructure. $20 bil and they could outbid Verizon and at&t during the spectrum auctions. Or at the very least make the cost of that spectrum for at&t and Verizon much more expensive. This is why modern stocks suck. The whole intention of stock is to raise capital to EXPAND the business not just to hand out more money to investors. The money the investors get is supposed to be from increased revenues of said expansion of the business. I actually fully agree with you for once, hehe. | |
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to 88615298
Interesting thought. I was curious, what happens if Sprint Stock price soars above $7.30 next year when this deal is approved. Hypothetically, let's say the price per share rises to $10.00 by that time, what will Softbank do then? | |
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| | | openbox9
Premium Member
join:2004-01-26
Springfield, VA
kudos:2 |
openbox9
Premium Member
2012-Oct-16 1:01 am
Re: Speed up LTE Deployment?Likely will never happen. Sprint's pps will likely peg at/or around ~$6.20. | |
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| | RokHed
join:2000-09-09
Pennsville, NJ  ·Xfinity
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to 88615298
Isnt that 12.1B what they are spending to acquire the the stock to put them at 70%? And 8B to their debt? Wont paying down the debt enable them to use the savings of fees and interest on the network? Also since Sprint has been rolling Network Vision upgrades for some time now isnt that already budgeted? Everything I have been reading is saying Sprint is on or ahead of schedule. Are you saying that they should spend more than the 9B or so they already committed to network vision? Am I missing something? | |
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| | | 88615298
Premium Member
join:2004-07-28
West Tenness |
88615298
Premium Member
2012-Oct-15 7:20 pm
Re: Speed up LTE Deployment?said by RokHed:Isnt that 12.1B what they are spending to acquire the the stock to put them at 70%? And 8B to their debt? Wont paying down the debt enable them to use the savings of fees and interest on the network? Also since Sprint has been rolling Network Vision upgrades for some time now isnt that already budgeted? Everything I have been reading is saying Sprint is on or ahead of schedule. Are you saying that they should spend more than the 9B or so they already committed to network vision? Am I missing something?
Sprint may everything set for providing 4G to their CURRENT customer their issue is an continues to be lack of coverage in my areas like mine. I don't want them to keep telling fucking awesome their service is then not even offer it in my area. If they want to play with the big boys they need to be nationwide. | |
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| | | | RokHed
join:2000-09-09
Pennsville, NJ |
RokHed
Member
2012-Oct-16 7:31 am
Re: Speed up LTE Deployment?Maybe you should consider another carrier if Sprint dosnt work well in your area. ALL carriers have coverage holes. I shop for what works and in my area. Sprint works well and costs much less that the other 2 Big Boys. | |
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| | openbox9
Premium Member
join:2004-01-26
Springfield, VA
kudos:2 |
to 88615298
Read the terms of the agreement. The split of the money isn't as clean as the PR make it out to be. Beyond that, one company is buying a controlling interest in another company. How exactly do you propose the owners be compensated? Just issue new stock? Pay a premium for existing equity? Ignore the owners and just throw a bunch of capital into the mix (shareholders would never go for this and giving the acquirer 70% of the company)? What about Sprint's debt load? Shouldn't some of that be eased with an infusion of capital? A balanced capital execution plan is important for any business, and simply throwing money at spectrum auctions like drunken sailors shouldn't be the plan. | |
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rradina
join:2000-08-08
Chesterfield, MO ·Charter
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rradina
Member
2012-Oct-15 12:21 pm
Sucks for KCThey lose a corporate HQ. Granted, it's still there now but for how long and even if it remains, will it be the same corporate citizen as in the past?
When Belgium-based InBev acquired St. Louis-based Anheuser Busch, things changed. There's even talk of getting rid of the infamous Clidesdales. | |
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88615298
Premium Member
join:2004-07-28
West Tenness |
88615298
Premium Member
2012-Oct-15 12:53 pm
Say good-bye to unlimitedWhich actually in the long run is a good thing. If Sprint really wants to change the game they'd offer say 10 GB or more for $30. Then people can compare what they get for their $30 or compare to what 10 GB cost with at&t and Verizon. And before someone chimes in with "Unlimited is more than 10 GB" yes but it's one of those things that's hard for people to quantify and no one actually believes you get unlimited with Sprint anyways. Unlimited is also a word mobile carrier tend to monkey around with. 10 GB is an actual number one can make a comparison with or 20 GB or whatever they want to have as a cap. There's no monkeying around with 10 GB. 10 GB is 10 GB. Unlimited is whatever Sprint feels like it is. | |
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 SrsBsns
join:2001-08-30
Oklahoma City, OK |
SrsBsns
Member
2012-Oct-15 12:54 pm
Clearwire stockAlso take note Clearwire stock is up 18% today and I believe another 20% on Friday. | |
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MountainMan
Anon
2012-Oct-15 3:41 pm
What happens to the MVNOs?Sprint has no shortage of MVNO riders on it's network. Dozens, at least.
What happens to them long-term, and Sprint's recent "Bring your own branding" wholesale model for selling service to MVNOs? | |
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 Davy49
join:2007-04-10
Waxahachie, TX |
Davy49
Member
2012-Oct-15 4:41 pm
Sprint/Virgin MobileHello All, As sprint also has control over virgin mobile (doesn't it), what will that mean for them ? David  | |
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Re: Sprint/Virgin Mobilesaid by Davy49:Hello All,
As sprint also has control over virgin mobile (doesn't it), what will that mean for them ?
David
So far no changes for VM or Boost customers, however it sprint gains extra native coverage so do VM and Boost customers. | |
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kara
Anon
2012-Oct-15 5:02 pm
another one bites the dust.Glad I on prepaid for smartphone and tablet. | |
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 Simba7I Void Warranties
join:2003-03-24
Billings, MT |
Simba7
Member
2012-Oct-15 6:53 pm
Hey Sprint..Coverage here would be nice. | |
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 dib22
join:2002-01-27
Kansas City, MO |
dib22
Member
2012-Oct-16 1:43 am
Just interestingVerizon is vodaphones US arm... Softbank bought vodaphones JP arm.
So now you will basically have the american vodaphone competing with the japanese vodaphone in the same market.
Neato.
(yes I know that vodaphone has no official ties to softbank like they do verizon just found the history interesting.) | |
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