Verizon Wireless CEO Shows No Interest In Buying Sprint
The mobile bombshell that was dropped this past Sunday is still having
aftershocks throughout the industry. Even as CTIA Wireless 2011 chugs
along, there's an overriding notion that the top mobile story of the
week involves AT&T and T-Mobile USA. What's really interesting is
just how quick Sprint was to condemn the deal, so we expected a similar
reaction from Verizon Wireless. But that's not the case, not by a long
shot. While Sprint is upset that the deal may take place, Verizon
Wireless seems to not care at all.
In an interview with Reuters, the company's CEO said that he has no real interest in buying Sprint, and he doesn't plan on opposing T-Mobile/AT&T. Why? Because he'd rather focus on being the most profitable carrier in the States, not necessarily the largest by subscriber count. Here's the money quote: "We're not interested in Sprint. We don't need them." That's a very, very confident thing to say, and it speaks as much about Sprint as it does about VZW.
Dan Mead also had something to say about the chances for this monolithic deal going through: "Anything can go through if you make enough concessions." In other words, VZW is probably already gearing up for battle against what will soon (maybe) become the largest carrier in the States. This should be a fun one to watch, that's for sure.
In an interview with Reuters, the company's CEO said that he has no real interest in buying Sprint, and he doesn't plan on opposing T-Mobile/AT&T. Why? Because he'd rather focus on being the most profitable carrier in the States, not necessarily the largest by subscriber count. Here's the money quote: "We're not interested in Sprint. We don't need them." That's a very, very confident thing to say, and it speaks as much about Sprint as it does about VZW.
Dan Mead also had something to say about the chances for this monolithic deal going through: "Anything can go through if you make enough concessions." In other words, VZW is probably already gearing up for battle against what will soon (maybe) become the largest carrier in the States. This should be a fun one to watch, that's for sure.
