Tuesday, June 28, 2011

Sprint CEO Vows To Do Whatever it Takes to Stop AT&T, T-Mobile Merger

Everyone has heard about AT&T buying out T-mobile USA for $39 billion. What you haven't heard yet, is that Sprint CEO, Dan Hesse, said he will do everything in his power to stop this merge from happening.  He believes that if the merge happens, it will create a duopoly in the U.S. carrier market.  Then again, he might just be trying to protect his company from becoming a distant third place player, rendering them unable to compete. 


When asked what he does in the companies’ mysterious “White Room,” Hesse admitted that his current target was blocking the buyout:
“Clearly, purely, we want to win and block the merger,” said Hesse, during an interview at the company’s Overland Park, Kansas headquarters. “This one poses real risks.”
If the deal does go through, it would put Sprint in a very distant third place, with Verizon in second and AT&T taking the top spot in mobile subscribers. 

1 comment:

  1. Wow. That really sucks for Sprint if the deal happens...

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