eyesopenedwide

Undoing the Sprint Nextel Merger

VZ and T both have a network of subscribers, something that is quickly dwindling at Sprint. They were aware as early as 2006 that if their churn rate continued, they would be bankrupt by 1st quarter 2009. Yet, in a recently published article, it was revealed that the board of directors didn't think that was big enough issue to address.

I am not picking on a company. Just stating public information and fact. My original comment was in response to tradewolf's comment above: "Another point that was brought up is that the Lease arrangements with colocated sites can be a cash stream from the Feds to Sprint going forward." Sprint is where they are, and what they are by their own doing. They are not the victim here.

With regard to the above opinion expressed by West Crowe regarding Cingular/ATT bleeding their customers, it is not just the customer leeching that is causing Sprint so much financial trouble. Over the past two years, Sprint has also bled their employees, investors, partners, and vendors. Trust is a hard thing to build back.

It amazes me that in a financial forum, where I thought I would read some educated opinions, bloggers attempt to bully others into submission of their own. Your emotional response to the facts would cause one to believe that you are a very scared stockholder who is watching his life savings go down the drain, or one of the same executives who took the ship down. Either way, it supports my opinion that there isn't much left to believe in.

Although I attempted to write a response on a level you can understand, I realize that might not be possible. Let me refer you to Merriamwebster.com so that you might broaden your vocabulary.