By Allen Tsai | Thu Feb 03, 2005 2:10 pm |
Amid the flurry of merger activity within the wireless industry, Verizon Wireless, the nation's largest phone company, is taking a closer look at Sprint.
In the wake of the SBC and AT&T announcement, people close to Verizon say information gathering and due diligence has begun this week, though no formal discussions have been initiated. Representatives from Verizon have declined to comment.Industry analysts agree that consolidation is needed in the highly competitive wireless services industry. "I think in Verizon's case, they are being pushed," says Telecom Pragmatics analyst Sam Greenholtz. "I don't think they are ready yet, but they have to look at players like Sprint -- they don't have any choice." As for the likeliness of a successful merger, analysts say antitrust officials may have objections. A combined Verizon Wireless and Sprint company would have more than 50% market share in urban cities like New York. These rumors come after the Sprint buyout of Nextel in December, in which Sprint CFO, Bob Dellinger said in an interview Thursday that the company was "excited about what we are doing with Nextel," adding, "that's where our focus is."
|
|
Wed Feb 08, 2012 12:31 pm | By
Sprint gained customers last quarter but lost money from subsidizing iPhone sales, as its expensive gamble fell short of expectations.
|
|
|
|
Tue Feb 07, 2012 2:31 pm | By
Verizon plans to sell the Motorola Droid 4, its flagship Android 4G device, on February 10 for $200 with a two-year contract.
|
|
|
|
Tue Feb 07, 2012 11:49 am | By
Verizon plans to offer a "double-data" promotion, as the carrier attempts to boost its 4G LTE network.
|
|
|
|
Mon Feb 06, 2012 1:33 pm | By
Verizon and Redbox plan to launch an online media-streaming service, forging a partnership to compete in the crowded field of digital content delivery.
|
|
|
|
Wed Feb 01, 2012 4:22 pm | By
Verizon and Comcast are preparing for a Senate inquiry into their pending spectrum deal, as regulators monitor talks for precious airwaves.
|
|
|
|
] |
CellReception.com |
CellRisk.com |
Appedia.com |
Tabletedia.com
[ 
] |
iTVedia.com