Exsprex

Sprint's 'Against the Odds' Turnaround Looks Less and Less Likely

Sprint management may get some breathing room, but they need cash. They need cash to repair their operations problems, automate back office functions and consolidate systems that should have been consolidated during the first year of the Nextel takeover. As a shareholder, I fear that they will not be able to generate the cash and they will continue to loose customers to Verizon and ATT. As a customer, I fear that the promise inherent in the great technological assets of this company will never be realized and we will not enjoy the greater functionality, reliability and new products that could be generated by effectively managing/ leveraging these assets.

As a citizen worried about the US economy, my hope is that a buyer with cash and vision will step in and begin maximizing the management of these assets. The US economy needs innovation to generate new wealth/ jobs/ economic strength. Right now, all of that potential is wasting away in this cash poor company.