Whither SprintPCS

Can SprintPCS survive ?

Sprint is hurting, just announced yesterday a $1 billion/year cutback, which
could mean 10,000 layoffs. SprintPCS has never made dollar 1 of profit, Sprint
published twice as many press releases today as normal to push the $1 billion
dollar one out of the news. SPRINT IS IN A DEATH SPIRAL, and the
cheerleaders are fiddling about Justin, Tom, Rob and Phillipe, rather than
discussing whether there will be a Sprint Cellular a year from now.

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› See More: Whither SprintPCS

"Sprintposter" <[email protected]> wrote in message
news:[email protected]...
> Can SprintPCS survive ?
>
> Sprint is hurting, just announced yesterday a $1 billion/year
cutback, which
> could mean 10,000 layoffs. SprintPCS has never made dollar 1 of
profit, Sprint
> published twice as many press releases today as normal to push the
$1 billion
> dollar one out of the news. SPRINT IS IN A DEATH SPIRAL, and the
> cheerleaders are fiddling about Justin, Tom, Rob and Phillipe,
rather than
> discussing whether there will be a Sprint Cellular a year from now.

You sound like you want SPCS to fail ...

Bob

If they do go bankrupt, does that mean they are obligated to pay all of
us with contract a $150.00 early termination fee?

--
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yada yada yada, ok Sprint to lay people off.. who cares?

--
Statements made by me are of my opinion and knowledge, and do not
express those by Verizon Wireless(R).
Any information I give is subject to change without notice, and may not
be completely accurate.


[email protected] (Sprintposter) wrote in article
<[email protected]>:
> Can SprintPCS survive ?
>
> Sprint is hurting, just announced yesterday a $1 billion/year cutback, which
> could mean 10,000 layoffs. SprintPCS has never made dollar 1 of profit, Sprint
> published twice as many press releases today as normal to push the $1 billion
> dollar one out of the news. SPRINT IS IN A DEATH SPIRAL, and the
> cheerleaders are fiddling about Justin, Tom, Rob and Phillipe, rather than
> discussing whether there will be a Sprint Cellular a year from now.

[posted via phonescoop.com]

That doesn't sound good to me because I've been a Sprint customer for
five years. With the possible layoffs, this might drive current
customers away from Sprint and sign with others carriers. And when
Number Portability coming into effect in late November, Sprint might
experienced such an exodus. I don't want that to happen to me. But this
is not good news for Sprint and their customers.

[email protected] (Sprintposter) wrote in article
<[email protected]>:
> Can SprintPCS survive ?
>
> Sprint is hurting, just announced yesterday a $1 billion/year cutback, which
> could mean 10,000 layoffs. SprintPCS has never made dollar 1 of profit, Sprint
> published twice as many press releases today as normal to push the $1 billion
> dollar one out of the news. SPRINT IS IN A DEATH SPIRAL, and the
> cheerleaders are fiddling about Justin, Tom, Rob and Phillipe, rather than
> discussing whether there will be a Sprint Cellular a year from now.

[posted via phonescoop.com]

> > Sprint is hurting, just announced yesterday a $1 billion/year cutback,
which
> > could mean 10,000 layoffs. SprintPCS has never made dollar 1 of profit,
Sprint
> > published twice as many press releases today as normal to push the $1
billion
> > dollar one out of the news. SPRINT IS IN A DEATH SPIRAL, and the
> > cheerleaders are fiddling about Justin, Tom, Rob and Phillipe, rather
than
> > discussing whether there will be a Sprint Cellular a year from now.


If you look over the past year every other provider from verizion on down
have had big layoffs.

PCS TROLL <[email protected]> wrote:

> If they do go bankrupt, does that mean they are obligated to pay all of
> us with contract a $150.00 early termination fee?

That's funny.

Good luck collecting if that's the case. Unsecured creditors get dumped
at the bottom of the list of people to pay when you file bankruptcy.

--
JustThe.net Internet & Multimedia Services
22674 Motnocab Road * Apple Valley, CA 92307-1950
Steve Sobol, Proprietor
888.480.4NET (4638) * 248.724.4NET * [email protected]

thunder wrote:
>>>Sprint is hurting, just announced yesterday a $1 billion/year cutback,
>
> which
>
>>>could mean 10,000 layoffs. SprintPCS has never made dollar 1 of profit,
>
> Sprint
>
>>>published twice as many press releases today as normal to push the $1
>
> billion
>
>>>dollar one out of the news. SPRINT IS IN A DEATH SPIRAL, and the
>>>cheerleaders are fiddling about Justin, Tom, Rob and Phillipe, rather
>
> than
>
>>>discussing whether there will be a Sprint Cellular a year from now.
>
>
>
> If you look over the past year every other provider from verizion on down
> have had big layoffs.
>
>
Not true- Nextel hasn't laid off since April 2002 (when they outsourced
and reorganized their Customer Care) and actually has quite a few job
openings posted on their web site.

How did you get this out a "reorganization" plan? They talked about
saving money- not firing people.

[email protected] (Sprintposter) wrote in article
<[email protected]>:
> Can SprintPCS survive ?
>
> Sprint is hurting, just announced yesterday a $1 billion/year cutback, which
> could mean 10,000 layoffs. SprintPCS has never made dollar 1 of profit, Sprint
> published twice as many press releases today as normal to push the $1 billion
> dollar one out of the news. SPRINT IS IN A DEATH SPIRAL, and the
> cheerleaders are fiddling about Justin, Tom, Rob and Phillipe, rather than
> discussing whether there will be a Sprint Cellular a year from now.

[posted via phonescoop.com]

[email protected] (VZW Guy) wrote in article
<[email protected]>:
> yada yada yada, ok Sprint to lay people off.. who cares?
>

> >
> > Sprint is hurting, just announced yesterday a $1 billion/year cutback, which
> > could mean 10,000 layoffs. SprintPCS has never made dollar 1 of profit, Sprint
> > published twice as many press releases today as normal to push the $1 billion


I'm sure we'll know up to 10,000 people by Christmas who will care, A
LOT.

[posted via phonescoop.com]

[email protected] (Sarassie Little) wrote in article
<[email protected]>:
> That doesn't sound good to me because I've been a Sprint customer for
> five years. With the possible layoffs, this might drive current
> customers away from Sprint and sign with others carriers. And when
> Number Portability coming into effect in late November, Sprint might
> experienced such an exodus. I don't want that to happen to me. But this
> is not good news for Sprint and their customers.
>

SprintPCS will not go out of business, in fact, they're not even talking
about Chapter 11 yet, so its far away. I've worked for a company in
Chapter 11, and they still pushed out products to sell (in fact, its
been 3 years and they're still around)

[posted via phonescoop.com]

In article <[email protected]>,
[email protected] (Tech Geek) wrote:

>
>
> [email protected] (Sarassie Little) wrote in article
> <[email protected]>:
> > That doesn't sound good to me because I've been a Sprint customer for
> > five years. With the possible layoffs, this might drive current
> > customers away from Sprint and sign with others carriers. And when
> > Number Portability coming into effect in late November, Sprint might
> > experienced such an exodus. I don't want that to happen to me. But this
> > is not good news for Sprint and their customers.
> >
>
> SprintPCS will not go out of business, in fact, they're not even talking
> about Chapter 11 yet, so its far away. I've worked for a company in
> Chapter 11, and they still pushed out products to sell (in fact, its
> been 3 years and they're still around)

There is also Chapter 7.

In article <[email protected]>,
[email protected] (William Bray) wrote:

> How did you get this out a "reorganization" plan? They talked about
> saving money- not firing people.

Reorganization plans do not save money unless you cut your biggest
expense. Salaries. Where do you think the $1 billion will come from?
With number portability, income could be going down as carriers compete
for migrating customers.

"Steven J Sobol" <[email protected]> wrote in message
news:[email protected]...
> PCS TROLL <[email protected]> wrote:
>
> > If they do go bankrupt, does that mean they are obligated to pay all of
> > us with contract a $150.00 early termination fee?
>
> That's funny.
>
> Good luck collecting if that's the case. Unsecured creditors get dumped
> at the bottom of the list of people to pay when you file bankruptcy.
>
> --


Perhaps ... but I think I will keep the copper cables feeding the Sprint PCS
antennas on my local tower ... if they make my investment worthless

Tom Veldhouse

Sprintposter wrote:

> Can SprintPCS survive ?
>
> Sprint is hurting, just announced yesterday a $1 billion/year cutback,

A streamlining of costs doesn't necessarily mean that the company is
hurting. Why not try quoting the press release instead of your biased
interpretation of it?

The press release states that Sprint plans in achieving these costs
through the elimination of redundancy. That actually sounds like a good
thing to me. Less runaround, less layers of people to go through to get
your problem solved.

A streamlining of operations can actually be a pretty positive thing.


-----
OVERLAND PARK, Kan. -(Dow Jones)- Sprint Corp. (FON, PCS) said as it
pushes forward with its plan to bundle local, long-distance and wireless
phone service, it will also streamline operations with the goal of
cutting expenses by 5% to 7% , amounting to about $1 billion in savings
a year.

Sprint, the nation's third largest carrier by revenue, said in a press
release Wednesday that it aims to grow faster than its competition
through the integration of its disparate phone operations.

The company said it expects to tap a new consumer market through this
new " national local" package offering. Through local resale, Sprint has
already expanded its local presence from 5% to more than 80% of the U.S.
population, the company said.

Sprint said it plans to cut operating expenses through consolidation,
eliminating redundancies in its various operations, as well as by
increasing automation.