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Verizon Bids For Sprint

Discussion in 'BBS Hangout' started by Rockets34Legend, Dec 14, 2004.

  1. Rockets34Legend

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    Is this a good thing?

    http://www.sprintpcsinfo.com/modules.php?name=News&file=article&sid=649

    Yesterday, Verizon made an official bid for Sprint in secret. Today, it isn't a secret, so we can report on it. From the limited information available, Verizon, facing a double threat of a Nextel/Sprint merger and a New Cingular, received approval from Vodaphone (who owns a 45% share of Verizon Wireless) to attempt to merge with Sprint.

    The combined company would face a tough approval process, having a combined customer base of 65 million. Sources inside Verizon cite a need for a more robust network and Sprint's unified billing and customer service systems as reasons besides increased competition.

    This lands the ball solely in the hands of Len Lauer and Gary Forsee: Take Nextel, or Become Verizon?
     
  2. Chump

    Chump Member

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    noooooooooooooooooooooooooooooo!

    I guess they would have to keep the companies operating as seperate providers b/c Sprint and Verizon use different networks...
     
  3. RocketMan Tex

    RocketMan Tex Member

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    I'm still dizzy from Oracle's PeopleSoft takeover finally going through yesterday.....
     

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