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Thread: Sprintís prospects look grim without T-Mobile: analysts

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    Sprintís prospects look grim without T-Mobile: analysts

    Good chance we will have only three networks with or without the merger of Sprint with T-Mobile.

    " SoftBank has not shown much appetite to increase its investment in Sprint to the extent required to have a competitive network for the 5G era.”

    In short, “the worst-case scenario of course is that Sprint is basically left to 'bleed out,' to put it crudely. That would be really lousy for customers, employees, and shareholders,” Lowenstein said."



    Sprint’s prospects look grim without T-Mobile: analysts

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    It basically comes down to a bailout for sprint. Sb doesn't want to put much into it and a T-Mobile bailout probably looks nice to them. T-Mobile would get some needed resources but I don't trust sprint not to screw things up at this point

    I'm mixed on it. Part of me wants the sprint resources while the other part of me wants nothing to do with sprint

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    Quote Originally Posted by eddiehaskell View Post
    I'm mixed on it. Part of me wants the sprint resources while the other part of me wants nothing to do with sprint
    And you're right to feel that way, given Sprint's proven track record of turning everything they touch to crap! For examples, please refer to both Nextel and Clear WiMAX 4G.
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    Quote Originally Posted by eddiehaskell View Post
    It basically comes down to a bailout for sprint. Sb doesn't want to put much into it and a T-Mobile bailout probably looks nice to them. T-Mobile would get some needed resources but I don't trust sprint not to screw things up at this point

    I'm mixed on it. Part of me wants the sprint resources while the other part of me wants nothing to do with sprint
    Well, Sprint would not be the one running the combined network. It would be T-Mobile execs.

    T-Mobile has the cash, customer trust, etc at this point to do it. So either let the two merge or just let sprint die in peace
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    I say sue SB. We should never have let one of our most important utilities get purchased by a foreign company that has little to no knowledge, concern, or care to the USA.

    Sue them on the fact they bought the company under completely false pretenses. Son just wanted to sell this for a quick buck back in the day and that was put on ice. Now he's selling as it was an incredibly large loss because he didn't do 1 ounce of work. Rarely can you just buy something, especially with issues, and expect to sell it for more with NO WORK.

    And to those 'THEY GOTS NO MONEY'. Ok, sure. First, I'm sure they can figure it out as they seem to be a big deal in Japan. Also, they went and gobbled up things like ARM. That isn't exactly 'free'. They left Sprint, since almost day 1, to rot and you all know it. Now they want off the ride that doesn't end and they shouldn't be allowed such an easy exit.

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    Quote Originally Posted by Morphling27 View Post
    I say sue SB.
    There's no legal grounds to sue SB.

    Sue them on the fact they bought the company under completely false pretenses.
    If you have the money to buy a company you don't even have to explain your motive. No law governs this.


    Now they want off the ride that doesn't end and they shouldn't be allowed such an easy exit.
    They're not selling out. They're getting a piece of the new company.

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    Quote Originally Posted by jet1000 View Post
    There's no legal grounds to sue SB....
    When has that prevented someone from filing a suit?

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    Damn shame that for Sprint lol. Then again, isn't America the only western civilized nation that treats corporations similar to human being's in regards to power and feelings of being butthurt and so forth?

    Even , according your skewed mindsets about socialism, look what happened when orange UK and T Mobile became one. Yes, prices went the **** up.

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    Quote Originally Posted by DRNewcomb View Post
    When has that prevented someone from filing a suit?
    Good ol' shakedown attempt.
    AT&T... your world, throttled.

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    Quote Originally Posted by Morphling27 View Post
    I say sue SB. We should never have let one of our most important utilities get purchased by a foreign company that has little to no knowledge, concern, or care to the USA.

    Sue them on the fact they bought the company under completely false pretenses. Son just wanted to sell this for a quick buck back in the day and that was put on ice. Now he's selling as it was an incredibly large loss because he didn't do 1 ounce of work. Rarely can you just buy something, especially with issues, and expect to sell it for more with NO WORK.

    And to those 'THEY GOTS NO MONEY'. Ok, sure. First, I'm sure they can figure it out as they seem to be a big deal in Japan. Also, they went and gobbled up things like ARM. That isn't exactly 'free'. They left Sprint, since almost day 1, to rot and you all know it. Now they want off the ride that doesn't end and they shouldn't be allowed such an easy exit.


    You obviously don't understand that Sprint is a publicly owned company that Softbank owns stock in just like millions of Americans. It is not illegal for a foreign company to own stock or even a controlling portion of stock that was approved by the GOV. Softbank paid about $40 Billion for their stock and Sprint owns about $40 Billion in debt but SB is willing to sell their shares in Sprint for about $26 Billion.

    Frankly no one other than Softbank would hold enough stock to have " Legal Standing " in a lawsuit against Sprint.
    Last edited by shilohcane; 05-08-2019 at 12:17 AM.

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    Quote Originally Posted by jet1000 View Post
    There's no legal grounds to sue SB.



    If you have the money to buy a company you don't even have to explain your motive. No law governs this.




    They're not selling out. They're getting a piece of the new company.
    Sure there is, deceptive reasons to buy the company. They said one thing and Son's intent was clearly different not long after the ink was dry. You can't tell me he's so whimsical to just come up with the idea to merge it with Tmo for a quick buck shortly after the purchase? You honestly believe that?

    You're kidding that 'no law governs' this. There are a myriad of rules for large mergers, selling off assets, and foreign purchases of domestic companies. For example, ATT said they had to buy Tmo back in the day to effectively launch LTE. Obviously that was a lie, but that is why they stated they had to buy it (along with other BS reasons). I suppose they could answer with just a 'because' but that would not get them far in buying a company.

    By 'off the ride' I clearly meant they don't want a controlling interest and they have no desire to keep running a cellular network. My understand is they won't have much to do going forward if approved in the day to day. Not that they appear to care to do that now...

    Quote Originally Posted by DRNewcomb View Post
    When has that prevented someone from filing a suit?
    Exactly, and what I think jet and shilo are missing is I'm not suggesting a person or shareholder sue, I'm clearly suggesting the government itself sue. On grounds they were purposely lied to about SB and Son's reasons to buy Sprint.

    Quote Originally Posted by shilohcane View Post
    You obviously don't understand that Sprint is a publicly owned company that Softbank owns stock in just like millions of Americans. It is not illegal for a foreign company to own stock or even a controlling portion of stock that was approved by the GOV. Softbank paid about $40 Billion for their stock and Sprint owns about $40 Billion but SB is willing to sell their shares in Sprint for about $26 Billion.

    Frankly no one other than Softbank would hold enough stock to have " Legal Standing " in a lawsuit against Sprint.
    Please see above. Also, a minority of share holders can still sue if they were deceptively lied to by the controlling company. Look at Sears and Eddie Lampert - a good example to use here.

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    Sprint just reported a $2.2 Billion loss for last quarter. https://www.cnet.com/news/sprint-q4-...ains-in-limbo/

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    Quote Originally Posted by shilohcane View Post
    Sprint just reported a $2.2 Billion loss for last quarter. https://www.cnet.com/news/sprint-q4-...ains-in-limbo/
    ...and people still are against the merger. Lol.

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    Quote Originally Posted by L33 View Post
    ...and people still are against the merger. Lol.
    Right, merge a well running, profitable company with a dumpster fire. That has a solid history of crap mergers.

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    Quote Originally Posted by Morphling27 View Post
    Right, merge a well running, profitable company with a dumpster fire. That has a solid history of crap mergers.
    I'm sure the people who are running the merger show on T-mobile side of things know more than an armchair expert on a mobile forum.

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