View Single Post
  #71 (permalink)  
Old 12-13-2008, 05:11 PM
chappy's Avatar
chappy
Almost a VIP
Offline
 
Join Date: Feb 2008
Posts: 962
Reputation: 1535
chappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on repchappy is halfway to VIP status based on rep
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Re: Sprint going under

I love when people talk out of their *** like they have any clue as to what's going on.

1. Sprint is nowhere near bankruptcy, and has plenty of liquidity (that's cash for you slow people) to get through this.
2. Stock price dropping doesn't mean they are about to fold. It just means their overall value has dropped. This is mostly from the loss of iDEN subscribers and the loss of value in the iDEN network. The CDMA side is doing well. It does mean they could possibly be bought out, but I don't think any company wants to assume the debt pertaining to the loss of value in the iDEN network, nor do they want the task of running two, possibly three different networks.
3. Sprint has the highest ARPU of the top 10 wireless companies in the third quarter.


Seriously, people who say Sprint is doomed, or about to go out of business, have no idea what they are talking about. This isn't Helio or some MVNO with a couple hundred thousand customers. It's a major telecommunications company that owns the first 4g network in the US, and has nearly 51 million subscribers. They aren't going out of business, unless the end of the world happens (which it won't) and even if it did, it's not like VZW or ATT would be around either.

Last edited by chappy; 12-13-2008 at 05:24 PM.
Reply With Quote