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- 02-06-2004, 01:43 PM #1Larry ThomasGuest
Feb. 05, 2004 1:28 PM EST
NEW YORK—Sprint Corp. told industry analysts at an investor conference
that the company planned to sit out the merger mania currently
sweeping the wireless industry, noting the company would instead focus
its wireless operations on growing relationships with wholesale
partners and closer integration with Sprint's wireline operations.
"We're very committed to running this business on our own," said
Sprint President and Chief Operating Officer Len Lauer.
Sprint's chief executive officer, Gary Forsee, added that the company
expects to see benefits from customer uncertainty surrounding its
competitors and potential merger activity.
Analysts have noted that a potential merger between Cingular Wireless
L.L.C. and AT&T Wireless Services Inc. could cause a reaction from
Verizon Wireless, including the possible acquisition of Sprint PCS.
http://rcrnews.com/cgi-bin/news.pl?newsId=16807
› See More: Sprint says it will not play in merger mania
- 02-06-2004, 02:04 PM #2John R. CopelandGuest
Re: Sprint says it will not play in merger mania
Not surprising, considering that SPCS has the second highest
Average Revenue Per User, and the second lowest churn rate.
Sounds like the winning combination to me.
---JRC---
"Larry Thomas" <[email protected]> wrote in message =
news:[email protected]...
> Feb. 05, 2004 1:28 PM EST
>=20
> NEW YORK-Sprint Corp. told industry analysts at an investor conference
> that the company planned to sit out the merger mania currently
> sweeping the wireless industry, noting the company would instead focus
> its wireless operations on growing relationships with wholesale
> partners and closer integration with Sprint's wireline operations.
>=20
>=20
- 02-06-2004, 02:36 PM #3Steven J SobolGuest
Re: Sprint says it will not play in merger mania
Larry Thomas <[email protected]> wrote:
> "We're very committed to running this business on our own," said
> Sprint President and Chief Operating Officer Len Lauer.
Good, because I can't see anyone other than Verizon or Alltel making sense,
and Verizon isn't going to be buying, and I doubt Alltel is either.
--
JustThe.net Internet & New Media Services, Apple Valley, CA
Steven J. Sobol, Geek In Charge / 888.480.4NET (4638) / [email protected]
PGP: C57E 8B25 F994 D6D0 5F6B B961 EA08 9410 E3AE 35ED
- 02-06-2004, 02:42 PM #4Bob SmithGuest
Re: Sprint says it will not play in merger mania
"John R. Copeland" <[email protected]> wrote in message
news:[email protected]...
Not surprising, considering that SPCS has the second highest
Average Revenue Per User, and the second lowest churn rate.
Sounds like the winning combination to me.
---JRC---
Too true John. The stock is showing some nice gains today as well. I wonder
how ole Phillipe is going to try to turn this info around ... LOL
Bob ::No ... I really don't ... but I know he will try to... ::
- 02-06-2004, 02:49 PM #5crGuest
Re: Sprint says it will not play in merger mania
It wouldn't surprise me in the least if someday Verizon did acquire Sprint.
Not now but certainly in the future this will occur
"Larry Thomas" <[email protected]> wrote in message
news:[email protected]...
> Feb. 05, 2004 1:28 PM EST
>
> NEW YORK-Sprint Corp. told industry analysts at an investor conference
> that the company planned to sit out the merger mania currently
> sweeping the wireless industry, noting the company would instead focus
> its wireless operations on growing relationships with wholesale
> partners and closer integration with Sprint's wireline operations.
>
> "We're very committed to running this business on our own," said
> Sprint President and Chief Operating Officer Len Lauer.
>
> Sprint's chief executive officer, Gary Forsee, added that the company
> expects to see benefits from customer uncertainty surrounding its
> competitors and potential merger activity.
>
> Analysts have noted that a potential merger between Cingular Wireless
> L.L.C. and AT&T Wireless Services Inc. could cause a reaction from
> Verizon Wireless, including the possible acquisition of Sprint PCS.
>
>
> http://rcrnews.com/cgi-bin/news.pl?newsId=16807
- 02-06-2004, 02:58 PM #6Robert M.Guest
Re: Sprint says it will not play in merger mania
In article <[email protected]>,
[email protected] (Larry Thomas) wrote:
> "We're very committed to running this business on our own," said
> Sprint President and Chief Operating Officer Len Lauer.
Running it into the ground that is. A growth rate almost as low as
AT&T's, a continued unprofitability, Customer Service that is
continually ranked worst in the industry, which is met by reduced
spending on Customer Service.
- 02-06-2004, 03:19 PM #7Bob SmithGuest
Re: Sprint says it will not play in merger mania
"cr" <cr_resources @yahoo.com> wrote in message
news:[email protected]...
> It wouldn't surprise me in the least if someday Verizon did acquire
Sprint.
> Not now but certainly in the future this will occur
Oh, I doubt that. There might be one merger allowed with regards to ATTWS,
but I don't believe the FCC would allow any less than 5 major providers.
Bob
- 02-06-2004, 04:27 PM #8Steven J SobolGuest
Re: Sprint says it will not play in merger mania
Bob Smith <[email protected]> wrote:
>
> "cr" <cr_resources @yahoo.com> wrote in message
> news:[email protected]...
>> It wouldn't surprise me in the least if someday Verizon did acquire
> Sprint.
>> Not now but certainly in the future this will occur
>
> Oh, I doubt that. There might be one merger allowed with regards to ATTWS,
> but I don't believe the FCC would allow any less than 5 major providers.
Besides, Sprint's coverage duplicates Verizon's in many places, and in some
places, Verizon's is better. There are certain places where Sprint does
significantly better than Verizon, but would it be worth them buying the whole
company?
--
JustThe.net Internet & New Media Services, Apple Valley, CA
Steven J. Sobol, Geek In Charge / 888.480.4NET (4638) / [email protected]
PGP: C57E 8B25 F994 D6D0 5F6B B961 EA08 9410 E3AE 35ED
- 02-06-2004, 04:33 PM #9John R. CopelandGuest
Re: Sprint says it will not play in merger mania
Oh, great.
As if Verizon needs one *more* fragmentation of their system
that works differently, depending on which part of the country we're in.
SPCS is the only carrier that comes even close to being consistent.
---JRC---
"cr" <cr_resources @yahoo.com> wrote in message =
news:[email protected]...
> It wouldn't surprise me in the least if someday Verizon did acquire =
Sprint.
> Not now but certainly in the future this will occur
>=20
>
- 02-06-2004, 04:42 PM #10EricGuest
Re: Sprint says it will not play in merger mania
Phillipe wrote:
<<Running it into the ground that is. A growth rate almost as low as
AT&T's, >>
Now if only someone could run you into the ground as well, we'd be all
set.
- 02-06-2004, 04:46 PM #11Scott StephensonGuest
Re: Sprint says it will not play in merger mania
"John R. Copeland" <[email protected]> wrote in message
news:[email protected]...
Not surprising, considering that SPCS has the second highest
Average Revenue Per User, and the second lowest churn rate.
Sounds like the winning combination to me.
---JRC---
Actually, they have the third lowest churn (Nextel and Verizon beat them
out), but they are certainly getting their house in order. I remember
reading something within the last couple of months that stated the only way
SPCS could be touched is by buying the entire Sprint operation- not too many
are going to want to do that.
- 02-06-2004, 05:07 PM #12John R. CopelandGuest
Re: Sprint says it will not play in merger mania
"Scott Stephenson" <[email protected]> wrote in message =
news:[email protected]...
>=20
> "John R. Copeland" <[email protected]> wrote in message
> news:[email protected]...
> Not surprising, considering that SPCS has the second highest
> Average Revenue Per User, and the second lowest churn rate.
> Sounds like the winning combination to me.
> ---JRC---
>=20
> Actually, they have the third lowest churn (Nextel and Verizon beat =
them
> out), but they are certainly getting their house in order. I remember
> reading something within the last couple of months that stated the =
only way
> SPCS could be touched is by buying the entire Sprint operation- not =
too many
> are going to want to do that.
>=20
>=20
I don't have the reference at the moment, but a story in the
Wall Street Journal this week put SPCS second to Verizon
for the very latest churn-rate numbers.
I believe the same article had Nextel at a close third,
so we aren't talking about a large difference.
---JRC---
- 02-06-2004, 06:18 PM #13Scott StephensonGuest
Re: Sprint says it will not play in merger mania
"John R. Copeland" <[email protected]> wrote in message
news:[email protected]...
"Scott Stephenson" <[email protected]> wrote in message
news:[email protected]...
>
> "John R. Copeland" <[email protected]> wrote in message
> news:[email protected]...
> Not surprising, considering that SPCS has the second highest
> Average Revenue Per User, and the second lowest churn rate.
> Sounds like the winning combination to me.
> ---JRC---
>
> Actually, they have the third lowest churn (Nextel and Verizon beat them
> out), but they are certainly getting their house in order. I remember
> reading something within the last couple of months that stated the only
way
> SPCS could be touched is by buying the entire Sprint operation- not too
many
> are going to want to do that.
>
>
I don't have the reference at the moment, but a story in the
Wall Street Journal this week put SPCS second to Verizon
for the very latest churn-rate numbers.
I believe the same article had Nextel at a close third,
so we aren't talking about a large difference.
Better check that source- Nextel has had the lowest churn in the industry
for a year now, Verizon a close second, and Sprint almost a 1.5% higher (it
works out to roughly 80% higher).
- 02-06-2004, 06:27 PM #14Robert M.Guest
Re: Sprint says it will not play in merger mania
In article <[email protected]>,
[email protected] (Eric) wrote:
> Now if only someone could run you into the ground as well, we'd be all
> set.
Looking in a mirror are you?
These blind Sprint PCS apologists are something aren't they?
- 02-06-2004, 06:31 PM #15Scott StephensonGuest
Re: Sprint says it will not play in merger mania
"Robert M." <[email protected]> wrote in message
news:[email protected]...
> In article <[email protected]>,
> [email protected] (Eric) wrote:
>
> > Now if only someone could run you into the ground as well, we'd be all
> > set.
>
> Looking in a mirror are you?
>
> These blind Sprint PCS apologists are something aren't they?
Yeah- they are almost as bad as the moronic, full-of-****, lying, whiney,
stupid, uniformed, clueless, frightened, chicken **** trolls.
There's your mirror, Phil- have fun. Jerk off.
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