Sprint board rejects $8b MetroPCS merger
1. atheisticemetic posted on 24 Feb 2012, 16:02 2 0
8B is a lot of money for Metro. But this would be a good thing for sprint imo. Metro wasnt the most integrity based cellphone provider i've known
3. pbui.818 posted on 24 Feb 2012, 16:31 1 0
I would have supported the proposal to combine with MetroPCS in that it would solidify Sprint's position and it would have consolidated the market. However, I can't see the real value to Sprint beyond that. T-Mobile would be the better merger but a more challenging objective in a number of ways.
4. VinCrel posted on 24 Feb 2012, 16:32 1 0
Sprint is against the Tmo and At&t merger saying that it will complicate things and make plan prices go high .. now, how is this so differrent?
8. remixfa posted on 24 Feb 2012, 17:14 8 2
because ATT is a high priced company buying up the low priced company. sprint is a low/middle priced company buying up a small prepaid carrier.
19. bvalde09 posted on 24 Feb 2012, 23:42 0 0
Mmmmm I would think they dont have the money to buy Metro PCS. I mean they spend a lot cash on the iphone right? I mean I think is the right choice. If they have close deal would have been good. But isnt that they rejected more like they couldnt do so
16. Giggity posted on 24 Feb 2012, 18:51 3 2
Right now, there are 4 major wireless carriers, 2 for CDMA network and 2 for GSM network. If the AT&T and T-Mobile merger went through, then you'll end up with AT&T as the sole GSM wireless provider in the US. And by becoming the sole GSM wireless provider, that will gives AT&T full control to dictate the pricing. Knowing AT&T, they will jack up the price one way or another to recuperate the money they spent on the merger.
5. mad5870 posted on 24 Feb 2012, 16:33 6 0
Idk how much it would of been worth. but They should go through with the deal. Since metropcs has LTE in 9 cities and majority of Florida. It would of been a good start to there "aggressive LTE roll out." Especially now with all the LightSquared LTE drama.
7. TechnoTechyes posted on 24 Feb 2012, 17:11 2 1
This story was less than an hour old when you posted it... The original poster (The Verge), posted it at the end of a business day on a Friday... So, what is with the "Not Surprisingly, Sprint has no comment" comment? They were probably still in traffic heading home.
9. EclipseGSX posted on 24 Feb 2012, 17:36 0 0
wow, it would be interesting if they would still honor their $40 a month unlimited plan or how that would work out
10. Das70 posted on 24 Feb 2012, 17:51 1 0
I doubt they would have changed it. Sprint has Boost and they are $45 a month.
11. downphoenix posted on 24 Feb 2012, 18:21 0 0
This wouldnt have had any real benefit to Sprint, glad they shut it down.
12. nyamo posted on 24 Feb 2012, 18:25 0 0
Once again sprint shoots itself in the foot. I swear they do the exact opposite of what should be done
13. Carlitos posted on 24 Feb 2012, 18:42 0 0
Thumbs up, not down, I accidently hit the down thumb.
14. Carlitos posted on 24 Feb 2012, 18:47 0 0
Either sprint is stupid, or they are to broke to afford to buy Metro PCS.
15. blaze456 posted on 24 Feb 2012, 18:49 1 0
the only real ebenfit would be the 9 million added customers which would still make sprint way behind in customers than att and verizon
17. snowgator posted on 24 Feb 2012, 19:12 1 0
Curious decision. Anything to add infrastructure and more bandwidth for Sprint to play with would have been a good plan. I am wondering that if "no comments" means "not dead, just retooling....."
18. theguero posted on 24 Feb 2012, 22:46 0 1
I hope they are still in negotiations. Sprint needs Metro and Metro needs Sprint. It would be a match made in heaven! Both are CDMA, Sprint had EVDO, Metro has a good start in LTE. It seems like a no brainer!
21. richardyarrell2011 (banned) posted on 25 Feb 2012, 03:07 0 0
This is pretty shocking the board blocking Mr. Hesse?? That can't be good. Gotta wonder if Mr. Hesse is on his way out???
22. Phoneguy007 posted on 25 Feb 2012, 18:07 0 0
I wonder if this has any thing to do with google selling all its shares it has with clear....hmmmmm