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Fresh cash?If the Softbank deal hasn't closed yet, where did the "fresh cash" come from? Karl has been speculating Sprint was near bankruptcy. | |
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mixdup
Anon
2012-Oct-18 9:13 am
Re: Fresh cash?None of the deals have closed yet. They can sign the letter of intent before any of the SoftBank money is in hand. | |
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to rdmiller
Let me fix that for you.
Karl has been speculating praying Sprint was near bankruptcy.
Nothing creates traffic like someone else's misery. | |
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| | GeekJediRF is Good For You Premium Member join:2001-06-21 Mukwonago, WI
2 recommendations |
GeekJedi
Premium Member
2012-Oct-18 11:53 am
Re: Fresh cash?I have a hard time believing that Karl even wrote this. By law, every piece that Karl writes about Sprint MUST include a line such as "Sprint's Unlimited Data (Which likely isn't long for this world)..." | |
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Re: Fresh cash?by law must??? | |
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| tshirt Premium Member join:2004-07-11 Snohomish, WA |
to rdmiller
"using the promise of future SoftBank cash to pay Craig McCaw $100 million for his 5% stake in Clearwire"
McCaw has long been ready to dump clearwire, and likely saw this as the best bid. | |
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| | AVDRespice, Adspice, Prospice Premium Member join:2003-02-06 Onion, NJ |
AVD
Premium Member
2012-Oct-18 1:05 pm
Re: Fresh cash?said by tshirt:"using the promise of future SoftBank cash to pay Craig McCaw $100 million for his 5% stake in Clearwire"
McCaw has long been ready to dump clearwire, and likely saw this as the best bid. they probably did not want to deal with softbank either | |
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to rdmiller
$100 million is chump change for Sprint. The key here is that Sprint's strategy with regard to Clearwire changes whe SoftBank is around, since it's in SoftBank's interest to get economies of scale in TD-LTE 2500 as quickly as possible, since it makes their own network in Japan cheaper. | |
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to rdmiller
Sprint has said before after the iPhone deal that they were out of cash. It was on the Morning Bytes here and on several other sites. | |
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Re: Fresh cash?said by hottboiinnc4:Sprint has said before after the iPhone deal that they were out of cash. It was on the Morning Bytes here and on several other sites. They never said any such thing. Why do you continually post nonsense? Their quarterly reports indicate that even before the SoftBank deal they had $6.8 BILLION in cash and equivalents on hand. Facts OWN you! | |
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| | | AVDRespice, Adspice, Prospice Premium Member join:2003-02-06 Onion, NJ |
AVD
Premium Member
2012-Oct-20 11:48 pm
Re: Fresh cash?6.8B??? why no LTE in NYC then? What was the equivalent? Stock in Clearwire? | |
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Metatron2008You're it Premium Member join:2008-09-02 united state |
Clearwires spectrum is worth billions.Worth far far more then the rest. If they can turn on all 100 mhz instead of using 5... | |
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Re: Clearwires spectrum is worth billions.Clearwire has massively varying amounts of spectrum, depending on the city. Some places their (+ Sprint's) BRS plus leased EBS is 100MHz. Other places, not so much.
Also, in some areas their WiMAX network is using a significant chunk of spectrum, due to poor spectrum reuse capabilities of 802.16e (you can't use the same channel on all sector on the same site). | |
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Sprint to be #1Give it a few years and Sprint will be #1 over Att & Verizon. | |
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verizonlteda
Anon
2012-Oct-18 12:11 pm
Re: Sprint to be #1LMAO that made me drop my coke. Yeah earth will freeze over before sprint would be number 1 lol. | |
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| | Woody79_00I run Linux am I still a PC? Premium Member join:2004-07-08 united state |
Re: Sprint to be #1said by verizonlteda :LMAO that made me drop my coke. Yeah earth will freeze over before sprint would be number 1 lol. I will bet in 3-4 years, Sprint will have taken a significant chunk of Verizon and ATT customers....You way way way way way way underestimate Softbank....these japanese busniessmen are very smart...i can guarantee you their board and CEO is smarter then ATT and Verizon's put together....this buying of Sprint of Softbank was not just grabbing for straws to get into the USA market...they could have bought T-Mobile or someone else for less price. Nope Softbank has a plan...and Softbank will expand Sprint's coverage and offer a broad range of competitive services for competitive rates....Softbank will FORCE ATT and Verizon to compete on price and that will be a win-win for the American consumer....folks really need to stop drinking the VZW and ATT kool-aid... | |
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Re: Sprint to be #1I doubt it. Sprint's unlimited data is their weakness in my opinion. You cannot have one of the weakest networks in America yet continue to offer unlimited. | |
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Re: Sprint to be #1Give it 18 months. Sprint will not have the weakest network anymore. | |
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| | | | BiggA Premium Member join:2005-11-23 Central CT |
to Terabit
If they crank up LTE on 100mhz of Clearwire spectrum, they will be able to handle an order of magnitude more data than Verizon or AT&T. | |
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to Woody79_00
You do realize that SoftBank is basically the Sprint of Japan, so to speak, right? It started as Vodafone (which owns a big chunk of Verizon Wireless) and Vodafone considered their Japanese network basically a failure. SoftBank is in third place in the Japanese market, and that despite being the exclusive iPhone carrier before the iPhone went multi-carrier. They're well known in Japan for slow speeds and poor coverage. Even Au/KDDI is considered better - despite being CDMA! Thus, they're the Verizon of the Japanese market (though not as strong - I suspect because the Japanese are a bit more tech-savvy and don't want CDMA). NTT DoCoMo is the AT&T - the huge gorilla with a fast network, excellent coverage, etc. | |
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to verizonlteda
Dec. 21st, we'll freeze over......If you pay attention to the Markets, you would agree... | |
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| FFH5 Premium Member join:2002-03-03 Tavistock NJ |
to BigDaddyPin
said by BigDaddyPin:Give it a few years and Sprint will be #1 over Att & Verizon. Maybe! But Sprint is notorious for not following thru. The odds would be heavily against them. | |
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| | BiggA Premium Member join:2005-11-23 Central CT |
BiggA
Premium Member
2012-Oct-19 6:35 pm
Re: Sprint to be #1Not if they outbuilt AT&T and Verizon, and used their spectrum position with super-fast LTE to their advantage. | |
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ReallyDoes this all matter? Arnt we all doomed on new years eve, not supposed to make it into 2013? Maybe the Myans meant the world would end if x candidate gets elected/reelected (depending on which side your on). | |
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BF69 Fan
Anon
2012-Oct-18 2:41 pm
Re: ReallyIf December 21st is new years eve where you are from, sure. | |
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to OSUGoose
no its 12-12-12 and its according to the Mayan Calender. Because that is when their's ended. But what is never stated is they only died then is the Spaniards are the one that killed them off. | |
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Everybody! It was a joke, I wasn't being serious/exact with the time/dates, jesus! | |
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Sprint had control of Clear and gave it up last year.They had control and gave it up in case Clear went belly up and their creditors decided to come after Sprint as majority shareholder and owner. | |
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Re: Sprint had control of Clear and gave it up last year.CYA baby | |
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