eyesopenedwide

Undoing the Sprint Nextel Merger

Tradewolf, the cash stream would be true enough except you neglect the fact that Sprint sold off most of the rights to their towers to get the capital they needed to buy Nextel. A big part of the Nextel towers developed in the heyday of the early 2000's were build -to-suit sites, now owned by ATC. At that time, Nextel also transfered prior built/owned towers leaving them with very few vertical property interests.

With regard to Kathy Walker's comments, she actually said it was just less that 10% of sites integrated. In my opinion, the biggest problem undoing these is the fact that the paperwork trail is so bad that they would spend months trying to figure out "where Waldo is".

Considering the economy inpact on real property values right now, along with the Sprint lack of tower ownership and its potential revenue, and a small share network of subscribers that is getting smaller, what does Sprint really own of value right now besides its Spectrum? I disagree that Sprint cannot end up in bankruptcy.

For the legacy people remaining you might want to consider this a possibility as you wait and sweat out the cuts, holding out on voting with your feet, and hoping for that big serverance package. In bankruptcy, their won't be any. Might want to take their offer the next time they ask for volunteers.

My food for thought.