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Sprint’s struggles to intensify following AT&T-T-Mobile deal
Sprint’s struggles to intensify following AT&T-T-Mobile deal
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Sprint’s struggles to intensify following AT&T-T-Mobile deal
Sprint (S) will have fewer strategic options if AT&T’s (T) acquisition of Deutsche Telekom's (DTEGY) T-Mobile USA unit is approved, and the company would become a relatively smaller player in the U.S. cellular market, compared with Verizon (VZ) and AT&T according to the New York Times.Hardware makers may not be interested in creating exciting new products for Sprints WiMax standard, and the company may have to cut prices further in order to attract new subscribers. Sprint-Nextel (S) shares are weakening further deeper into the first-half of pre-market trade down over 11%, dropping off a range surrounding 4.60 to recently touch a new session low of 4.45.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: March 21, 2011
Date Produced: March 21, 2011
View Count: 0
 
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