Tuesday, September 6, 2011

With or without AT&T/T-Mobile merger, analyst says Sprint already lost

With or without AT&T/T-Mobile merger, analyst says Sprint already lost

Lead by chief executive Dan Hesse, Sprint has likely been the most vocal opponent of AT&T's proposed $39 billion T-Mobile USA acquisition. The Department of Justice announced last week that it was filing a lawsuit in an attempt to block the deal, and while AT&T was none too happy with the news, Sprint predictably responded by applauding the DOJ's decision to fight the merger. But even if the merger is blocked, Sprint has arguably already lost to AT&T and Verizon Wireless according to Stifel Nicolaus analyst Christopher King.

Boy Genius Report, With or without AT&T/T-Mobile merger, analyst says Sprint already lost

No comments:

Post a Comment