Bad news for Sprint...

[chappy]

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.

[BigDiesel07]

True... I do realize what is going on with Sprint and the telecommunications industry in general though... Can you quote where you found that Sprint has the highest ARPU of wireless companies? Thanks....

[chappy]

http://www.rcrwireless.com/article/2...-Third-Quarter



Also, this quote:

However, the MVNOs are shaded on this list to distinguish them from licensed service providers. Virgin Mobile operates on Sprint Nextel's network and Boost is the prepaid offering of Sprint Nextel. Thus, these subscribers are tallied in the counts of both Sprint Nextel and its MVNOs. Tracfone, which is owned by international carrier America Movil, operates on several carrier networks, including AT&T, Verizon, Sprint Nextel, T-Mobile and others.

Says alot. Boost and Virgin customers are counted against Sprint's total. That's almost 25% of the losses this quarter. Don't know if you realize this or not, but most prepaid phones are bought to be used for not so legal activity, then tossed.

[hooover]

Maybe this can shed a little light on whats going on in Sprints head... http://www.wikinvest.com/stock/Sprint_Nextel_(S)

[BigDiesel07]

Thanks Chappy... I did not know that..

[chappy]

No problem, just trying to spread some knowledge.

[hibby50]

boost and virgin r sprint too

[BigDiesel07]

Originally Posted by hibby50

boost and virgin r sprint too

Live without a plan by using Sprint Speed so you can scream "Where you at?!?!"

lol

[racemepls]

Its too bad I dont have the cash to buy sprint stock or I would. At 1.99 a share its would be a hell of a deal. Of any company below 5 dollars a share sprint has the highest upside. Working for sprint i see first hand the improvement in customer service and retentions. Look at it this way, with the econamy falling people will be looking to save money and with the least expensive plans (other than tmobile) ,first class reception, fastest internet speed and overall value, Sprint has a very tempting product. Even if it means dealing with subpar customer service.

[BigDiesel07]

Originally Posted by racemepls

Its too bad I dont have the cash to buy sprint stock or I would. At 1.99 a share its would be a hell of a deal. Of any company below 5 dollars a share sprint has the highest upside. Working for sprint i see first hand the improvement in customer service and retentions. Look at it this way, with the econamy falling people will be looking to save money and with the least expensive plans (other than tmobile) ,first class reception, fastest internet speed and overall value, Sprint has a very tempting product. Even if it means dealing with subpar customer service.

That is 100% true.. People look for value..