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Deal Journal

Deal Yenta: Should Verizon Buy Sprint?

    • Verizon would have to assume about $20 billion in net debt to acquire Sprint, which adds approximately $375 to the per sub cost. Some of that would be likely offset by dispositions of Sprint's non CDMA-post pay assets, which might be worth as much as $15 billion. These include the long distance business, the Wimax initiative and the roughly 24 million of Sprint's 53.8 million customers which consist of subs such as I-den post pay, CDMA and i-den prepay, wholesale and affiliate, which are probably worth very little. Since Verizon's cost per gross add is probably $440 or less, it seems unlikely Sprint would be an attractive target at this time, particularly given the need to dispose of so many assets.

    • Verizon did not allow rivals' phones on their network in 2007, they said that phones that meet specific guidelines and pass testing n Verizon labs might be allowed on their network in 2008. This has yet to become reality.

    • What if Verizon buys Qwest and moves all Qwest Wireless (Sprint) subscribers to Verizon?

    • Why buy the cow when you get the milk for free? Where do you think Sprint's customers are going when they lose over 1 million in a quarter?

    • As of closing on February 29th, Sprint's market cap is less than the value of the spectrum it holds. Even at a 20% premium, Verizon could buy Sprint for less than it's net asset value. And, of course, Verizon could operate the Sprint network more profitably through economies of scale, closing retail locations, etc. Also, despite Sprint's many problems, it currently has a better mobile broadband network than Verizon. The benefits to Verizon go on and on.... By the way, the argument that Verizon is getting Sprint's "milk for free" is silly because Verizon and ALL of Sprint's other competitors are fighting hard to win Sprint defectors.

    • Verizon will be rolling out with the new device specs for the any device any application very shortly. This may enhance Verizon's profitiblilty without buying the company. This is a great opportunity for Verizon because they would also gain a lot of rural service area where they previously lacked. It maybe a good buy.

    • This would probably be a great idea for cities and towns that do not have Verizon Wireless to either expand its service to those areas, or maybe purchase licenses from Sprint. I really do not see Sprint rebounding. Even though in areas where Sprint has good coverage, it really is good. Their service, however, is not very good.

    • please buy us

    • If Verizon doesn't do it, ATT will

    • remember DCEL? ATT bought that - S is in play

    • Please, PLEASE buy us! Pretty please?

    • Comparing the MktCap per sub of S vs. AWE back in '04 is apples to oranges for two reasons. First, wireless penetration in the US back then was in the low 60s compared to around 85% now, so the growth potential isn't as high. Second, the correct metric would be Enterprise Value per Sub, not Market Value per Sub, as an acquirer has to not only pay the acquiree stockholders, but take the acquiree net debtload onto its balance sheet (which for S isn't small potatoes).

    • what about Qwest buying sprint

    • Verizon and ATT can't but qwest can and will you watch. Qwest needs a wireless foot print and does not have one and Sprint can provide that plus there would be no regs about it. If ATT or Verizon try to buy Sprint why not go back to 1/8/82?

    • It will be T- Mobile.Deu.........

    • the last thing verizon needs is to consume another companys debt load. if you are already not a verizon customer it is likley because u have some predisposition not to ie: billing disputes, cust svc unsatisfaction, once becoming a vz customer again you will likley defect once again, so just stay the course vz and keep picking the low lying fruit as they defect from a dying company. dont spend capitol you need to be devoting to fios, on such futile company

    • Jay : Me second you.

      Fun starts when Companies Encourage Google not to get too much into spectrum-bidding and invite to bring android on their networks......

      MNVO culture [:p]

    • I think Sprint will start to go back up in the market, I currently would for customer care at Sprint and today most of my calls since the release of the "Everything" plans customer have been wanting to come back because the plans are cheaper, which in return, cheaper plans equals more people wanting them.

    • Or maybe Vodafone finally have the chance of decent to exit Verizon Wireless, and an own 100% of their own service by purchasing Sprint. Given the current value of their Verizon position (even after tax), and that Sprint is dirt cheap - they could execute a straight swap.

      Technology wise they would be no worse off than today (Verizon / Sprint having CDMA) and could migrate to LTE in the future.

    • We all request... we are ready to be bought, buy us PLEASE

    • What is everybody talking about? I calld sprint custimor serviss an i got a rep so fast an they do a good job wit transfer me around so much i get to speak wit so many nice peoples an not just americans but filipenos an our friends from India too. its just the kansas city star out to tarnish gary forsee's good name - sprint is doing efryting right!!!

    • Dont listen to my brodder Nicolaes, he not rite in his head, he think he such a big shot wit his ten little shares of sprint stock he got for free wen the merger. he think he a big time stock market investor an i tell him his ten shares not even buy him jack didly flipping squat anymore - Nicolaes is real dumass, Kortryk rules!!!

    • Kortryk is the real dumass an for he information i bought extra 50 shares sprint stock wen they merge wit nextel, so now u no i haf 60 shares an they goin make me a lot of money, has noting to do wit any stock price going down, u not no wat u talk about Kortryk so buzz away an take u stinkin verizon fone wit u.

    • Nicolaes and Kortryk, please try to get along an do not trash talk Sprint. I no for a fact that evrything will turn around as soon as the synergies from the merger start to kick into high gear. dont be so pestimintic. Please dont call me Ben, it doesn't go well wit Dover is why i go by Benjamin.

    • qwest needs wireless fcc, ftc, needs 3 players, everyone else is m&a fodder

    • Anyone, please, Anyone buy us!

    • Pullleeeeese buy us; somebody, anybody!

    • Verizon should buy Sprint and here is why.....
      Verizon would get a Large Business customer base of Cell Business (which they are Lacking) the Existing consumer base and get the Wireless assets to tell Vodaphone to take a hike. Also they would be able to protect Fios by sending WiMax to an Early Grave. Sprint has a lot of Advanced Wireless assets that Verizn Doesn't have also they could gain Reveue by spining off the asset it doesn't need while collecting reveune. Sprint is worth more than the Stock Price Suggests but Bad Mgt and substandard marketing/customer service put them where they are today.

    • You don't want us to buy you. We can,t even run ourselves anymore.Wait to you see our future balance sheets

    • if verizon buys sprint, will verizon and sprint user's coverage be enlarged due to combining the two into one?

    • Verizon has the best network. Don't be foolish to think Sprint is even going to be contemplated. Sprint doesn't have "advanced assets". It is fine by Verizon and the rest of the competing telcos for it to sit right where it is. Buyer beware...Hmmm now Nortel,Lucent, and Alcatel should come together to grab the assets if they were smart..and protect their own hides. They could even transform the network of Sprint to be a competing force. May be too late,FIOS will soon leave all in the dust. Just try'll understand.

    • We all know no one will buy us out. There's too much debt. Wish they would, tho, because we have hardly any benefits now - even switching from a great company like Aetna to Cigna which is not a very good health service.

    • One last thing to mention, did you know that all cell towers still integrate with A landline Central office somewhere? The voice or data isn't all Wireless, it still goes through landlines or fibers somewhere, to get across the country or to another town. Want Wimax, just Set up your calls to go over a cb radio. You can't compare the Bandwidth Verizon is using to these other archaic means.

    • A Verizon buyout of Sprint would likely require a divestiture of one of their Internet backbones.....between the two of them, they control well over 80% of the world's Internet traffic. But then again, the NSA would probably not object.....

    • Do people really want this to be just two networks. AT&T and Verizon? There has to be some way for this to work out so that there will be 4 or 5 companies to chose from.

    • the customer service for AT&T Verizon Sprint Qwest all is terrible. You hate to call in a problem for fear of talking to someone in the Phillipiness or India or who knows.

    • How about Sprint buying Verizon so they can do what they did to NEXTEL? I'm only loyal to Sprint because I love my NEXTEL direct connect.

    • VZ tech sounds like you been getting high off the VZ press releases. Fios all be a very good service (yes I have it too) it not the end all be all. Wireless is the future. for Example VZ doesn't have a true IMS platform Yet that is Intergrated with their Backbone and the Celluar Data service is truly less than be desired. I know both companies very well better than you think and have used product from both. Verizon Landline service is top notch Sprint Wireless Service is Better than VZW's Technically. Purchasing Sprint would give VZ a Great Wireless Inferstructure and finally get them away from that Albatross Vodaphone.

    • What about BT to buy Sprint.
      British Telcom needs a US Network, Needs a Mobile Network and has the Powerful British Pound at 2:1 over the US $.
      Orange-France Telcom, with a strong Euro- Can expand into the large US market at a discount...

    • Verizon does need to buy sprint, So they can show them that verizon's service is the best of the rest. I know some friends on sprint's network and you get echos and dropped calls alot. I know all companys are not perfect, But verizon is pretty darn close

    • I heard that Sprint is outsourcing their physical layer services to foreign NOC's (probably india or something). Verizon needs to buy Sprint to give the Sprint employees something to look forward to - a union. Nobody cares about Sprint trench employees - especially Sprint upper management. "Everything" plan will be ruined too by mismanagement and bad billing.

    • Clwr is the future for Sprint.
      2 billion INTC, 1Billion GOOG,
      600 million middle East $$ and the future begins.

    • Verizon's data plans are terrible. Unlimited does not mean unlimited, and the costs are prohibitive. Sprint on the other hand, has a great evdo network, and charges reasonable fees. Not to mention, Verizon typically limits or eliminates, advanced features on phones they offer.

    • Vz will never buy Sprint as a whole. It (S) will limp along and loose about 2 to 3 million subs in 08' and by third qtr when the credit markets open up pieces will be sold off. Hesse can soapbox is ATT one rate plan past all he wants, but the situation he and the co are in now would take great plans, strong senior management, time, and perfect execution. None of which exists in this company. Bob Johnson??? Kathy Walker??? The same board members that sat on their butts for the last 2 years?? If the whole industry was in flux such as the time of the ATT1 rate plan, they (S) might have a chance, but with ATT and VZ at their current stride S has a less than 10% chance at staying in the game. WIMAX is their ONLY silver bullet.

    • No


    • Buying Sprint would be a great thing for verizon.
      first, verizon would aquire 50 million some customers and become the leading wireless carrier.
      second, buying sprint would be great for extending verizon's 1x network and EVDO network.

    • in addition, nextel would hopefully help make verizon's push to talk network larger as well.

      I know around where i live, everyone has verizon, and i know one person that has sprint. they hate it.

    • Foreigners are coming. Sprint will be bought by either the Mexicans, S. Koreans, or Arabs (Abu Dhabi). Hesse lowered expectations so much that price is too good to pass up, unless that was his plan. If he negotiated half the parachute the board gave foresee, he'll be sitting on a beach sipping cocktails by the end of the summer while laughing all the way to the bank.

    • Sprint is going to be hit with a major class action suit resulting from the current round of layoffs. Another $57 million down the drain.

    • Grim reaper, I've forgotten more about electonics,rf,and networking than many colleges will teach you in 4 years.We could debate on "many" technologies however your statement struck a chord..that VZ wireless infrastructure isn't as good as Sprints. Let me assure you these are multiBILLION dollar companies,they know when to deploy the services they want us to have, and at what price. Publicly traded companies work for their shareholders. I even think Sprint is making itself dive for an acquisition....IMS is a platform, a platform that is limited to its bandwidth, service area, and transport means. Platforms aren't new, I personally "create" many platforms simply by placing a circuit pack in certain equipment for certain service areas, at the right time. The really important technological means is what you see strung up on the poles. Fiber has much more bandwidth than all Wireless means (including microwave,gammawave)put together.Actually I installed just an OC-192 on Friday. Its capable of sending over 129,000 simultanueous voice OR data lines over one single fiber smaller than a single human hair. Wireless isn't the only future, Its the one that won't work well without fiber. Its going to make big strides soon too with video and other "platforms".. I make small geographic service areas converge with the world through landline fiber optics, And now I'm just starting to get into sending multiple spectrums of light over that same single fiber..I don't need to read the media hoopla about fios, I work long haul fiber, I knew already. Yes,I have a natural high with what I do. I suggest buying the stock. Verizon is making a bet, a large you want a trained communications expert....I can assure you..I want in.
      I just wish ATT wasn't broken up before, We'd all be so much further by now.
      Companies love selling you what you want. It just has to be practical for them to.

    • Verizon knows a good deal when they see it but they fail in their ability to manage acquisitions. They gave the keys to the kingdom to former MCI management when they created Verizon Business. Now two years post acquisition, Verizon Business still thinks and acts like MCI. Taking on more debt is not the only worry in the business world of mergers and acquistions.

    • Acquired, I agree! Even longer than MCI,I see former GTE areas still run as former GTE, and Former Bell as Former Bell. Their payroll still hasn't changed even with the same union. It is a sad truth folks. And what is happening with Sprint right now however is just downright painful.It should be healthy for it in the long run however.... Hopefully.
      Acquired, I believe what VZ is doing is allowing these companies to bring the fruit to the table the best way they know how, until there is easing in the marketplace to focus on internal structuring...
      Verizon seems to be more like the "MA Bell" to me than the actual AT&T named company now to me, Verizon will choose its paths wisely.
      Speaking of M/A's, imagine the company that would have formed if it were Bell Atlantic and Bell South That would've been classy.

    • I was very happy with my Nextel service, but the quality took a dive when Sprint bought it. it couldn't help but get better with somebody intelligent running things.

    • To the comment by Acquired, you clearly don't see the Verizon Business regime. Its Verizon executive management through and through i.e. Killian and Shamo, VzB President and CFO respectively. Fred Briggs days are numbered given his empire collapsing and Lynch's empire growing powerful.

      For those complaining about legal operating company names and so forth. Get over it. Companies are acquired for assets and customers. Changes only occur if they have meaningful impact to the bottomline.

      The best outcome of the Sprint situation would be an acquistion by Vodafone who wants their brand and a company to call their own here in the states. Vodafone is well funded and Verizon wants full control of its own wireless network.

      Why a Vodafone and Verizon won't work? 1) Ivan won't sell period. 2) When Verizon purchased MCI they purchased a large portion of Gov't networks that MCI operates and manages. Not to mention an internet backbone that speaks for itself (UUNET). A Vodafone buy of Verizon won't pass Ivan nor U.S. Gov.

      Qwest simply needs to broken up and sold for parts. Its the product of alot of bad decisions made in the last decade. A dire situation since its public securities trade low and thus has little capitalization for takeovers. They need the triple play or quad play yet don't have the funds for fiber to the home or their own wireless network.

      Its Northern States are small in population and growth. They should be sold off to a CenturyTel or Citizens to be the cash cows they are.

      Its southern and west coast territory is attractive given the massive population growth and desert climate in the south (cheaper to do business given less small cities and grouped population centers). Most of the population growth in the U.S. occurs here as opposed to the coasts where its just the movement of the same population.

    • Dude, you are really stupid. So, ya installed an oc 192 huh? Did you do it all by yourself? Ya puttin different spectrum's on the same fiber huh? Thats called dwdm and no you didn't discover it. Also, check your math bro, an OC-192 will carry a lot more than 129,000 voice lines. As for long haul Sprintlink has more pops and more bandwidth than uunet. I would rather watch VZ get crushed in the coming years than see a buy out of a great company. Your union will destroy you VZ.

    • Qwest seems to be in the best position to buy Sprint's assets. And unlike what informed says, they would probably run it the best out of what's out there.

      Sprint is in the same position Qwest was in 2001. Crappy service, declining share. Pretty sure they could do it again.

    • Other possible buyers (?) of Sprint: CelTel,Nokia -- get access to US market. CelTel for wireless service, NOK for distribution of handsets where it is weakest globally.

    • No they should buy Quest, wait until Sprint is in bankruptcy.

    • Did I mention I installed it all by myself? However I should say..I'm the guy who physically makes it happen. Fiber is like gold. I hold it,do you?I'm happy my Union helped make Verizon where it is today. Sprint employees should come together more too.
      I support American Jobs.Hopefully those who work in America do, and those investing in American companies do as well. May be too late for the greedy looking to make the quick buck going long now on Sprint, or who have.Ouch....Should've had a union.
      24 ds0's x28 ds1's x192ds3's=? Perhaps the engineer who said I was dumb doesn't understand POP "platforms" don't work without the bandwidth TELCOs deploy, and unfortunately many of these "other" company engineers believe electrical signals ride over fiber. Common mistake by those who think they know what theyre talking about.
      Sprints loss, Verizons Gain again.Sprintlink can keep all their POPS, it doesn't make a difference...Its in "the network". You don't understand....It really is.
      I work with fiber,hopefully it helps investors here understand, rather than just number crunching, or unrelated terms like Dense Wave Division Multiplexing to be thrown about.
      Invest where you wish. I seriously wish you all well with it.

    • In an economy like todays, I would rather invest right now in the backbone of what makes it "ALL" work. and what is "needed". Invest in the farmer and the plant. Invest in Verizon and Fiber. Vz Tech is right. Its the growth play and value play. I Wish more companies put their money where there mouth is.

    • I have to agree with informed - Vodafone is the obvious candidate to acquire Sprint-Nextel. I imagine Qwest would fit in here somewhere to build on the Vodafone Mobile+ strategy - VF have been buying fixed telecom / dsl providers across their territories.

    • Fiber is more like glass than gold. And FYI glass is CHEAP And there is literally a ton of it in the ground. See, thats why pops matter. Union is inherently anti American thanks for your contribution. Howcome Sprint had the first trans Atlantic OC-192? What on earth are you even talking about? "its in the network". What do you think a pop is, dumbass. How is verizions MAN footprint? Last I checked VZ didnt have a MAN footprint at all. Other then the older than dirt GTE stuff. I ask that you explain how dwdm is not valid... You brought it up like it was a new technology when its been around since before you were born.

      Qwest charges VZ and S and everyone else by the mile for T1s to the cell towers. Thats one reason pops matter. If VZ is OK with letting a company like qwest "control" 50% of their network I question their commitment. You did it all by yourself?? You must be so proud. Too bad its just not true. UNION: 1 guy ran the fiber, 1 guy tied it into the rack, 1 guy plugged it in, 1 guy turned on the equipment and so on. You will never justify the cost of union labor. VZ will crumble at the hands of att and Sprint.

    • VZ has a bandwidth cap on their mobile broadband cards. It also gets lower ratings vs. Sprint.

    • "You will never justify the cost of union labor"


    • This is a bad deal.

    • Let Verizon buy Sprint and let Nextel go back on its least at Nextel when our stock was $2 a share we still got great bonuses and a raise. With Sprint we get NADA!!!!!!!!!!!

    • Two words: Deutsche Telekom.

      The subscribers are cheaper than first appear due to the value of the spectrum, and that is allowing for a new handset for every customer.

    • There you see it first hand. Its the old "I am entitled" attitude. I hope you get fired.

    • Qwest shouldn't buy Sprint; it should buy Sprint's spinoff, Embarq. There are no synergies to buying Sprint.

    • what about *wireless*


    • One guy did do it all, just that example was from Friday. I tied it,equiped the DMX,ran the x-conn,plugged the "LC" connectors in,alarm tested it (understanding it GUI), drove to the other site, tested it there, made a software x-connect,Dropped a oc-48 off for a fuji I'm gonna turn up on Monday.Well see where it leads. I might make that oc48 concatinated yet (saving my overhead for the need of speed). Then I'll call the designer up and have them change the word document to what I know will work better for my subscriber. the engineer will be so proud, so will that customer knowing they will get some extras. I turn this stuff up everyday. Thats what I was talking about. Aggressive fiber deployments.

      Union positions are more encompasssing than many low wage positions put together.On top of it, we know what were doing, saving lots of service problems I'm sure.
      Waste your time sending the low cost worker, and they'll waste your money reading a 6500 page Alcatel, litespan book, 10 times.Let alone getting it done for the customer "Today", and right the first time.
      Oh well, just let Sprints stock price explain it better to you......
      Its hard to admit, I understand. Take the cubscout tour of your local Central Office to understand the "POPs" role in telecommunications. Is it the connection point to the customer? Find yourself a better way to connect directly to that customer and connect them to the world,rahter than going through me, and youd be a zillionaire bro.
      In the meantime I encourage other Techs here to join a union. You'd get better jobs/benefits/service/work/training/and support real value in an American company and actually help the economy.
      Its your life. Am I ashamed of being well trained?...nope, and most importantly, its better for Vz's customers and my companies shareholders.
      Verizon is an awesome company, and I love my job. Who here can honeslty say that?

      I enjoy watching union bashers squirm....They are the "get rich quick" people that don't know what commitment to their homeland or each other is about...

      Unions just have a Bad Rep from the 70's&80's, when the lazy workers could hide behind their union. Get with the time. Times are changin.
      They'll save this country again if a depression hits...
      Hard work will be honorable once again, and those "get rich quick" people will want a real job.....Oh.. they sent them overseas...sorry bout your luck, but thats your mess. When your family needs food and shelter, remember
      Jesus loves you, and don't worry, I'll keep my govenments lines working. I'll be glad America still can communicate.
      I eat POPs for breakfast.

    • Verizon buying Sprint may be a big deal for AT&T but unless it does so it will not be a big deal. The only thing that will be good and promising to watch as for the industry would be the post merger strategy of AT&T Wireless to take on Qwest and SPrint Verizon.

    • Google should buy Spint/Nextel then offer a free wi-max alternative to cable or dsl internet. If they curb their huge cost to the telcos and eventually energy companies, they would be the first trillion dollar company in America.

    • That wasn't said in a nutshell, but well done. I'm buying VZ long term. The dividend seems so right and with that comment, I understand your committment as well.
      Verizon is the premier company I've compared all others too.
      What other Telco employee here loves his job like VZ tech?
      Verizon has the most stringent employment qualifications. Like Google, it only accepts the best of the best.
      I assume VZ techs not for hire, it would be worth it to us to have someone who really knows how to do a job right the first time. We wasted too much money sending technicans to the site many times over,just to condition T1's properly. Now with Gas prices...arrgh.

      Back to the post:
      Verizon shouldn't buy Sprint.

    • Why are you talking to yourself on here? You still cannot justify the cost of union labor. That will be the down fall of your company. I am not sure if you know what a pop actually is. You come off as sounding like a liberal though,,, Sorry to hear about the fujitsu, they have major quality issues lately.. Alcatel too for that matter that really sucks for vz. How will a union help a weak economy other than protect the lazy people? Unions dont help economies they help lazy people. I see vz declining in the next 10 years. You will never beat the hard working non union folks who are treated based on quality and production rather than seniority and laziness. Best of luck to you.

    • No one seems to mention the potential of Sprint and Embarq joining up again. The Sprint board is so KC centric, they'd never allow a foreign or even national company, to threaten their position in KC. Maybe Hesse was hired to engineer a Sprint-Embarq merger.

    • You people that wish AT&t hadn't been broken up must be from the Former Soviet Union. AT&T charged Outrageous amounts to make long distance calls. Embarq please buy us.

    • VZ will not buy S but will continue capturing subs. for nil. Goog or MSFT more likely - no FCC issues, cash avail., spectrum cheap, iPhone is stone in Ballmer's shoe. Shares can be bought in open market without S Board of inbred KCers having a say. What will Goog do with spectrum they are bidding on now??
      Debt will be spun with lackluster asset pieces into a subsid. or other entity.
      Any day now.

    • Sprint will be fine. Reading this is like "the sky is falling" Well, chicken little, its not.

    • So can you admit you were wrong about your math(24 ds0’s x28 ds1’s x192ds3’s=? )?! Does your company have any lazy people working in it? Verizon is just like any other company we have our lazy/idiots just like anyone else. So you like your company that much, because you realize your nonunion company will succeed? Think about this: 1. Verizon is the only company in America putting out Fiber to the Curb.
      2. Employees get better pay and benefits because we are a union.
      3. Sprint and Verizon CEO and managers make too much @#$!#$@! money anyway why shouldn't you as an employee who builds and works on their networks get paid a better wage?
      4. You think nonunion labor is saving jobs in America. Let's see:
      1. Union Employee $25.00 hour+ benefits
      2. Nonunion Employee $15.00 hour+no benefits
      3. Overseas Employee $??2.00
      an hour+ no benefits
      You do the math!!!! Remember what your bosses make plus all their perks. Enron, MCI rules!!!!

    • The sky is falling. Have some cheese with that whine vz tek.

    • Apple will buy Sprint for the spectrum.

    • So you don't understand what I said? Or...hmm you are a manager?! Corporate greed is ruining this country and if Sprint gets bought out by whatever company their employees will still get shafted. Verizon wireless is nonunion, Verizon Business/former MCI is nonunion. We have outsourcing to India. That's what I was trying to tell their employees. Understand now or would you like some nuts to go with your...hmm ignorance.?

    • Yeah its a mess,but something is being done about it people.You should all pray that we are not left the choices of VZW and ATT. Prepare to be raped by two of the greediest companies in America if it happens. I worked at VZW...we all called it Soviet Wireless internally.The top party bosses are reaping huge bonuses at the top at the extent of brain washed proletariat worker base. Thanks to Sprint or we would still be paying outrageous LD fees.Cheer for this American Company-Hell VZW is half owned by those people we revolted against 200+ years ago. And there is no longer this huge disparity in networks (VZW vs Sprint)The Sprint data Network maybe actually "Superior" Sprint is not telling customers that they will reduce your bandwidth if you consume over 5 MB! The Big V is spectrum starved horribly.

    • EOK stop shouting! Even Nicolaes and Kortryk have better manners.

      And-- Sprint switched from Aetna to Cigna for insurance??? They are truly run by dumbasses.

    • I have At&t, Sprint and Verizon in our family. I am a Sprint customer since 2001 and yes, I had seen the ups and downs of my service, mainly when it comes to customer service. But now, I recognized the changes in it and I no longer hear people from diffent countries answering to my concerns which is a good thing for me and I have to say that India and the Phillippines had served me well in the past. It was the other countries who most of the times hang up on me and I have to agree about the union all right. They are supporting the lazy people and that's one smart move Sprint every did after that loss cuz I no longer encounter lazy people anymore. Their customer service did improved to a higher and quicker manner to which is not a surprise to me. I had seen Sprint's high and low - still, they are serving people like Verizon and At&t. Like someone mentioned here that there is no such thing as a perfect company. Don't worry,... Sprint can hold its own. For I would have known about the loss till I decided to read their stocks 2 nights ago. Am I worried? Not one bit. They'll manages cuz I had seen them get out of their lows in the past and this wouldn't shake them one bit. But if Hesse decided to sell in which I pray he doesn't, I have to agree with xnext. Sprint is better off with Embarq than Verizon or At&t. V & A will be the ones benefiting from Sprint. Not the other way around. There is just no way cuz having to find out only 2 days ago about Sprint's loss, its amazing how I didn't feel the shaking grounds of their fall. Not even one bit. I still get the service I pay for every month. Even my children loves Sprint and they never complained about anything that is wrong with their services. I did all the complaining but not all the time, I call to complain. I actually call more when I need to ground one or two of my children by suspending their cell services temporarily which is something I had learned late last year lol. It was totally awesome and it works with my children. Just during the ending of fall to Dec.,2007 did I encounter the worst. Not much before that or later. Well, lets not be pessimistic about Sprint or any other cell companies. Instead, lets hope that they would help us rebuild our country's economy for the better and for the people who are not paying their bills on time to stop getting into something you are not sure you can't afford. Sprint is the best way for you to fix up your credit since their value is reasonable. Why not use Sprint to improve your credit. We are already loosing too much... Why not just hope that Sprint will be able to get out of it instead of giving up on it. Peace.

    • This is awesome... You guys keep on digging that hole deeper LOL. VZ is a union company. I dont work for the company. I just like them more than you.

    • Unions successfully negotiated me out of a job, THANK YOU!!!

      and oh yeah,

      Qwest will buy sprint and hopefully between the 2 of them they will figure out how to service customers.

    • VZ tech obviously is a union employee if he has this much time to sit around and post comments

    • Go back a few years,SPRINT was started by GTE. GTE was merged with Verzion, so SPRINT will be returning to its roots. I expect to see in the near future Sprint will be acquired by Verizon and Qwest will partner with Verizon.

    • If you think Unions don't help stimulate the economy, just send your government check in May to someone who really needs it...Like the guy who was negotiated out of a job by a union....
      Just join a union folks...We deal with the Lazy employees better than a company can. We use peer pressure, and stick em with the lard they create for themselves.... Its fun!

      Really just send your government check to someone if you feel so strong about wanting low wages and benefits...The investors here would love to swoop in on it I'm sure.....
      Wheres Mr can't compete with low wage jobs!!!
      Anyone want an Extra Check...Let me start the bidding!!!
      Who will give me a dollar for their check!!!harhar

    • I hate to say it but Sprint employees are already getting the shaft and have been for a long time (at least here in customer service). Every day they go to work only to be eyeballed for every move they make, no reviews, no progress reports, absolutely no training although many promises of it, supervisors that go to their office and say nothing to no one except "the chosen few", no incentives to contribute new ideas, no opportunities for upward mobility, no rewards and now, no raises or bonuses. About the only thing Sprint employees get is hair-brained, half thought out directives, automation that works for only as long as the money is there to make it work, no money to put new ideas into play, and a vicious "clickish" management who leave people shaking their heads in wonder whenever they speak about synergies. Sprint employees don't see anyone as being a "savior" in a buy-out and we're so used to layoffs now that it really wouldn't matter if we were bought out or not. Shame, too, because I really liked this company. A union would be nice but not very helpful at this point in the game.

    • Tech I think your just mad because the non-union boys over at sprint built a better network than you for less money!!!!!

      Verizon will stumble in the next couple of years because wimaxx with viop will be a better communications solution for the soho network because of price and ease of deployment. Fios is overkill, we dont need 50mbs to every household, we cannot watch that much....educational videos

    • You need to call a CWA local chapter right away. Don't delay. You need to make things right for yourself. Make sprint the company you want, enjoy helping it grow.
      Help america, and help yourself. Otherwise check out the door. Take some initiative, and take care of your business. We all do want Sprint to succeed..All telco union members want it for you.
      You need to make the step. This country needs leaders who aint scared to step up for what is right.
      I'm sorry for you. Honestly.
      The investors here want sprint to succeed, unfortunately theyre taught over the years not to believe in unions by the executives.
      Get informed. Call CWA and help your friends out. Sleep easy knowing you did what you could for your country and fellow Americans.

    • There is a reason Sprint can offer a better service to the consumer at a better price. I don't work for Sprint but I know a guy who does and he is very happy with his job and his pay. I asked him recently about the lay offs and what not and he said "I don't really think about it, I keep on working hard and things will work out" So his attitude is positive as well.

    • Your right I don't want you to have 50 meg either. I want someone who enjoys the open road or inventing something to have it instead. I can imagine a doctor performing life saving surgery over HD channels for your kids.
      Oh well,
      Think WiMAXX is the answer for our new millenium? stick your ear in a CB...You can keep your WimaXX and cauliflower ear!

    • "I want someone who enjoys the open road or inventing something to have it instead. I can imagine a doctor performing life saving surgery over HD channels for your kids... you still can through satellite. and I wont have my wimaxx modem held to my ear.....on second thought.....maybe Dish or Direct TV should buy Sprint. That would be a great 4 play dish tv, sprint wireless, wimaxx internet with viop using the sprint airrave modem....yep thats how I would do it.

    • Wimaxx sounds great.. but does is still sound like a old satelite phone. They already had them years ago... it had a big delay to talk to someone, you would speak,then hear nothing for about 8 seconds then get a reply.

    • VZ Wireless ISN"T UNION.

    • VZtech is.

      the delay in talk time is because it was satellite, wimaxx is not, should have no delays, clearwire is already using it. check it out

      they were going to partner with dish, but I'm not sure what happend to that.

    • It's amazing, Sprint's market cap is more than a billion below the value of its spectrum holding and billions and billions less than its NET asset value. Moreover, despite its many problems, Sprint does generate an operating profit and has the best push-to-talk services (Nextel Direct Connect and Q-Chat) and the best mobile broadband network (EVDO Rev A). I'm sure private equity firms are plotting how to buy up Sprint so they can carve it up and sell off the assets.

    • Get ready Sprint.

    • I've read Nextel was 1-2 months away from actually filing bankruptcy before Sprint took it over. Please tell me in your OPINION how far Sprint is of a likewise decision. Months? 1 yr? 3yrs? Never?.

    • People VZW call center employees are not union, but there are some union network tech's. I am not pro-union but I love our network techs. They do amazing things. As for VZ employees calling their company Soviet Wireless, that's a bunch of BS. One disgruntled employee does not speak for the majority. VZW employees are loyal & get paid pretty well for their hard work. No one can match VZ's benefits pack & bonus structure for all employees. I'd bet the bank on Ivan & Deny any day of the week. They are savvy businessmen and they know exactly what they are doing. 2008 will be an interesting year in the wireless industry and I'm glad I work for VZW.

    • We actually PRAYED that GTE (now Verizon) would acquire Sprint. (GTE was too smart for that.)

      While GTE was 50% owner of US Sprint, GTE obviously assessed the KC quagmire. In all probability their analysis concluded that there was little hope of draining the swamp.

      Sprint, due to its long heritage of being in the telco business, does not understand any business that is product oriented. (e.g. North Electric, Publishing, UCS, Telenet) If it don't produce minutes what good is it?

      Sprint has cost controlled most of its businesses to death. The general management philosophy at Sprint is that if costs are controlled, revenue just walks in the front door.

      For a company that is in the "service" business, their customer service is seriously lacking. But they have some of the highest call volumes per customer service agent. From my personal experience, dealing with Sprint as a customer is brutal. (I could look into the same systems that the CS agent could.)

      If Verizon were to acquire Sprint it would be my advice to cut Sprint off at the knees. Keep everyone from first level of management DOWN and the network assets. Bring back the competent mid level managers (and above) from GTE and the two companies combined could become THE premier teleco of the world.

      Sign me as 401K down the tubes

    • How long ago was that? 1988 or 89?

    • there is aot to digest . Ceo Hesse has personal ties with AT & T , a deal is being structured as we wait for the next round of news from sprint. let me say this , ALL of you need to buy sprint stock NOW , before the deal hits the media . someone is buying sprint but , at this time I can not tell you who it is going to be because of my position with a large firm w/ wall street. this is my 2008 gift to all of you , BUY , BUY , BUY !

    • LOL ..looks like Verizon Business - one of the three operating Vz companies (Wireless/Telecom/Business) is for sale - again. Poor MCI, first WCOM and Bernie the great, now Ivan the terrible with his henchmen Kill-again Killian, and Shammo the whale. What a f-ing joke.

    • well all this talk of sprint being bought is just foolish. Sprint is going to go one of two ways. One-go belly up or Two-make a comeback. These are the only two choices sprint will have. No one wants Sprint unless to tear it apart and sell it off piece by piece but cost wize its not worth it. So the other option is for them to get back into the game. Which the only way and i do mean the only way is to clean house on all lvls, and clean up their care(phone customer service). See sprint has the lowest deposits out of vz,att and tmobile so most of there customers now that are staying are crap. They have to give a better reason to come back to sprint. Sprint hands down has the best and fastest network in this country that is what sets them apart from everyone else use it. those are the only two options for sprint DIE OR LIVE NO OTHER

    • VZ Union and Sprint Buyout and International.
      First... Sprint wireless would go to VZW. VZW is a NON-UNION shop except for the NYC switches...
      Secondly... VZW would have to give up too much to get Sprint, they would have to sell off markets as part of a FCC, agreement. VZW EVDO network is better than Sprints esp the Rev-A. WiMax is super fast but doesn't have any funding to get deployed faster. By the time WiMax is national, LTE will be deployed by AT&T and VZW.
      Third, international buyout from VOD, or BT, or Orange, would be difficult. There are laws governing what can be own from a foreign country and what can not. The wireless could, but the infrastructure can not. So even if Sprint is purchased, it would have to be split up and then sold to a foreign company.

      But like the article said...

      Just keep bleeding customers to VZW and AT&T, and their won't be anything less to buy...

      I think Sprint will split and sell off parts to stay a float. Keeping the wireless...

    • To Another Sprint Employee and A Sprint Employee...

      you think you'd have jobs if we did?

    • VZW is in fact a union shop. VZW does not have Wimax. LTE is 15 years out. LTE has zero support from other manufactures yet. There are tons of reviews Sprint evdo is in fact faster and has a better foot print. LTE is still a lab rat, who knows how it will preform or when device manufactures will pick it up. VZ, its a pipe dream.

    • Make sure everyone realizes...there are differences. Saying VZW v. VZ is like old Sprint PCS v. SprintLD is just wrong. For one thing we are beholden to two companies not just another business unit. It gives us some autonomy in business decisions. While VZ would cost control and run us into the same problem Sprint is seeing now, Vodafone is spend and upgrade happy, so we're an excellent mix of the two, a good counterbalance.

    • Only folks thinking or at least wishing VZW was a union shop are those old Atlantic boys up in the NE who made the mistake of signing those cards. They wish everyone was union so maybe they could bargain better STIs. LOL...kinda sucks you get the good bennies but the bad STI and LTI packages, must be rough.

    • LTE will fail. VZ & VZW are both crappy union shops.

    • You wish VZW was a union shop... Check out the all mighty cwa webpage... VZW isn't unionized except the Manhattan area... Lets see work hard and get the same pay as they lazy bum next to you... Or work hard and get raises for it... Socialism Communism versus free market and democracy...

    • Sounds like someone is trying to start an argument...

    • My point is in regards to Sprints ability to fund WiMax (Yes WiMax is Sprint, and not VZW or AT&T, I think we all know that)

      The continuing point being that it will take Sprint so long to fund it, Sprint will be gone or bought by someone.

      Google would like WiMax... Would not be surprised if they were a bidder for at least their spectrum (If they didn't win anything in the 700Mhz auction that is).

      And as many have stated, DO NOT is wrong... VZW is NOT a union shop.

      Vegas should take bet on LTE being deployed... I bet 2012ish

    • Who are you people? I am in the union, Who are these people posting?

    • VZ is union... VZW is not union, except the Manhattan area.

    • VZW being non-union is why the cwa tells everyone to buy AT&T for wireless, and that VZW is the devil bobby...

      CWA hates VZW and all non-union Communication companies...


    • Some of you are mistaken. Unions are crucial to what you have today in your communications. Would you be typing on the internet without the groundwork laid between your house and the "pop"? Would communications have evolved enough by now without unions to do it?
      Some of you thought I was a liberal being in a union. I'm a capitalist writing on a WSJ thread. I can assure you american communications would have been 10 years ahead of where it is today, if "MA" wouldn't have been split up.

      Who wants to invest in America when we still allow regulators to destroy the value in companies when they start becoming very succesful? Sarbanes-Oxley?Communication companies need union members like me. I believe a man should get to keep what he earns, and a company too. Your grandfather may have taught you that. Don't forget where we came from in our American history. Where we could go.
      Be a Patriot. Take care of each other.
      Unions don't slam VZW or others who aren't in Unions. Your misinformed again if you think so. Please follow me...

      We want to help the company we work for as well as the employees. We take care of each other, and negotiate meaningfully to decisions which impact organizations and human lives,and even budgets. We see value in investments as those here at WallSt do.
      Of course executives may send the wrong the message of unions intentions, they are looking to make a lot of money for themselves in a short period of time.
      Don't the intelligent people here share the concept of keeping sustained growth and business in at least one sector. Leave it to those who want to do the best they can. People all over the world are generally good people. Yes we have the fanatics like you would expect... think of him as your brother or cousin who has a big mouth watching the big game at a large family gathering. Take care of each other. Those of you in a union who have gotten out of line, think of how you sound to others, and the impressions you make before you speak (or type).If you were lazy at my job site, youd lose your job. Our union doesn't support repeat offending tards.

      To all, Be a patriot, go against the grain sometimes.

      I encourage all to stand together to help american employees regardless of union affilation right now. The challenges are great for all of us. I wish Sprint, the disgruntled, the investors, and all your families the best outcome in the months and years ahead in this crazy world that didn't have many roads or cars a little over a hundred years ago.... God bless.

    • I will not be staying with verizion when my contract expires.

    • Ahhhh the american union worker, the ones that have little education besides technical school and yet still fight because they are "entitled" to a raise even though they live in constant fear of being better than their peers because of pressure to keep the status quo. Yeah, you go ahead and continue "slaving away" bro, I'll go finish my masters and make more than the 5 guys I saw taking their "break" for 2 hours outside that CO outisde my house yesterday. I'm sure AT&T would care less that they're blowing that money for their salaries and raises. The oily union reps would probably also say I don't understand what was going on. I saw what I saw, if it takes 5 guys to prop up a cement wall, then I guess that's what it takes to be union! The good part about being union is that you can either quit your job or become management to get out of that socialist cult.

    • Do you think they'll continue to be stable enough to actually support WiMax and roll it out long enough for it to take effect? I kind of agree with other posters that it's starting to look like they're almost forcing Sprint to the sell point, so the execs can cash out and roll... I can't say that's their exact aim, but it almost feels like it! What about 4G? I've seen some of the specs on 4G hardware capability and we're talking about 10 to 15 times faster during burst as 3G/1X. Sounds like AT&T and VZW are rolling it this year?!? Don't remember where I read that, just seems interesting. I know that the bandwidth is still limited to the over the air signal and not a Broadband type of signal like WiMax, just wonder if others have looked closer?

    • Sprint management has a HISTORY of big payouts for their CEOs and all their upper management tiers. Yes, they enjoy the good life and Sprint is well-known in the elite VP/CEO circles of major corporations as being a place to make a tremendous personal cash-flow just by simply stepping into the position for a few months. Wreck havoc, make headlines, watch the stock drop, take the buyout on their contracts, and live happily ever after in Japan while another CEO takes over, wrecks havoc, makes headlines, watches the stock drop, etc. It's a never-ending vicious cycle of pina coladas on white sandy beaches all written off on expense reports.

      Upper management knows EXACTLY what it's doing to the Sprint employees and they are not going to change, not going in a "new" direction, not willing to give up the umbrellas to save the company from ruins and not willing to listen to the bottom level employees when decisions need input. They stopped doing surveys, stopped giving incentives, and simply cut the non-exempt employee out of the picture. Sprint supervisors are the worst with indecision, uncertainty, mis-direction, secrets, gossip-mongers and the worst at actually knowing what they are doing when they speak of "handling" employees. Treat them as if they are in kindergarten, smack them when they talk back or have an opinion that contradicts yours and tell them that H/R isn't written for them as it only protects management. All management. Just keep grinding that stone while, I, Mr. Supervisor, Mr. Manager and Mr. Exempt, enjoy my time off while under the guise of "working from home" or "working remote - contact me via IM".

    • I have been with Sprint for many years and to date I feel I am getting a good svc. I rarely drop a call. I always buy my phone and have not taken the cheap freebie phones. I have noticed that some people I know that have the freebie phones are having more problems. Who knows there may be a relationship.

      As for Cust Svc I have learned to call during off peak times and thank the person for helping me, it is surprising how well the few times I called that a fix was delivered.

      Anyway, that is my experience.

      Do not get me wrong I get really annoyed when I get the run around from these off shore svc people. Local people seem to know how things work/fix much better.

      I have learned not to buy a service again if the support is off shore.

    • Some phones just simply suck, it depends on the manufacturer, sometimes you get bad runs. That's across all carriers. Don't downplay the subsidized phones though, even though you think they're "cheapy", they're still about 100-200 retail if you bought them open access from the manufacturer.

    • I for one wish Verizon would by Sprint so I could get my Nextel DC back. I dropped Nextel/Sprint last year because the service, quite frankly, sucked!! I played ball, called when I had trouble, got new handsets, etc. The service, technical and customer, got worse. I need a phone that works. Verizon works and my coverage is almost 100%. If Verizon could get in and get the DC working, I would be a happy camper. And so would many other cops here in Massachusetts.

    • Excuse me,

      "the ones that have little education besides technical school and yet still fight because they are “entitled” to a raise even though they live in constant fear"


      "go ahead and continue “slaving away” bro, I’ll go finish my masters and make more than the 5 guys I saw.

      Your an idiot..... real life experience can teach you more than what your trying to do With that attitude you'll come out of college with your masters and not be able to use it.
      Were not all given a silver spoon then hand fed by our mommies.
      My education came from the military, , a poor family, a poor school,and a poor church. I listened closely.
      My constant fear was combat zones,having food, and a fear of God. Now as a man, I fear nothing. I knew more about life and manners when I was 2 than you today.
      Good Luck using that Masters degree. Its not really useful if your still a dipwad. Go waste your mommies money, she can sleep with a few more men to get more.....

    • Ah, I see, attack with a personal attack. Good way of invalidating any sort of argument, you've simply proven my point.

      I grew up in a downtown bad area, went to a JUCO, a local college and now master's programs all on my dime, son. It's been 15 years since I earned and paid for my own undergraduate education.

      I've been in the workforce for about 20 years now and I've seen some pretty lazy people that have no need or want to achieve beyond what their peers are doing because they "belong to the club". I'm already in management and past the BS of dealing with unions, this degree will simply make it easier to earn my own golden parachute unlike the flimsy little paper napkins you union guys use, because guess what, Unionize Sprint and other crap companies all you want...they'll still implode. Blaming management for all your woes is just asinine, because as you've pointed out "they don't do the work" therefore, when the work isn't done who is really to blame?

    • Yeah, the funny thing is that since Sprint is killing iDEN, nobody will ever have that kind of speed when using a DC service. VZ and AT&T, and for all I know T-mobile may, have a DC service that pales in comparison. Once Sprint shoots themselves in the foot, then all will be the same, with no differentiation, so you might as well just flip a coin to see what carrier you go with, right?

    • Wow, that was pretty nasty Worker. Do you always attack others that attack unions? I'm pretty sure I've been told to just smile and walk away. Hate mongering isn't going to change the already negative view that we've recieved from some of the more militant in the unionized workers past.

    • You know who the worst wireless company out there is??? The one you're with!!

    • Concur!!!


      You sure you're not thinking about Dell, Microshaft and IBM here? Not everyone has outsourced their call centers! One of the reasons AT&T and VZW are tops in customer satisfaction in areas is because of the good old American peopled call centers. You can understand most of them and they can understand you, unlike the few times I've attempted to open tickets at Dell.

    • WORKER???


      I reitterate my last post,

    • I think its my phone thats the problem.. but i sometimes don't get my friends text... and sometimes they don't get mine... its probably the phone because my family doesn't have this problem.

    • Yeah, I've had a bad phone before, go get a replacement, try the function that was broken, and wammo, look it works. There are just some bad phones, kinda like you can get a bad CD or TV or anything else, it's all mass production, one small glitch, bad things.

    • Funny, your too funny.

      Marines aren't "pretty sure", theyre "certain".

      "Pretty Nasty" isn't in a Marines vocab when speaking of words.
      When did you start calling yourself an ex-marine? Once a Marine, always a Marine.

      A dipwad is something that cleans oily messes, like you implied union reps were.

      You never worked on an engine either?

      Was that all too personal???
      I'm sorry for You.Give me your moms phone number.
      I'll make things right in your life again.
      I'm "certain" we can work this out. I'll teach you and your mom all about working hard for the money.


    • My father was union for 35 years with the railroad, I saw some of the petty bull they had to put up with. You wouldn't be fit to lick my fathers' boots clean son. And no, not all marines are brainwashed idiots like you, I'm an ex-marine because I've learned to be more than a mindless ate-up boot. I was chairborne because of slight disability, but my mind still obviously works better than yours. Walk on son, good luck in life.

    • I think Apple may buy Sprint ... when Sprint successfully tests the WiMax network ...

    • So reading more into it... WiMax is only a big failure to the guys over at buzz...

      Wonder if the Simpson's Buzz Cola should sue them for name infringement...

    • Just bot 10,000 shares this morning - 8% for the day. Worlds richest man is going to buy Sprint - soon. Viva Slim! WiMax isn't the reason - Nextel and the spectrum is the value. Building Wifi into muliple products for business. (HVAC systems, Security, etc.) B to B is the money maker - NOT consumers - they are broke! Foreign countries are buying up the US as the dollar falls into collapse. Forget technology issues, the issue is the electro magnetic spectrum and you can't bury that - fiber or no fiber. Take the gamble - buy Sprint (S) :)

    • I have sprint as Much as I dislike the Verizon Name and plans and their lousy phone products I would switch to Tracfone rather than have VZW. They are a low life company SCUM of the Earth. The republican Mason of the earth YUK!!!!!!!!!!! I am gonna PUKE!

    • I have been with verizon wireless for 4 years now and I really like verizon. Yeah I would like for them to start their nite minutes earlier but maybe I am the only one. The only problems I have had was when I tried getting a new phone when it just came out then I just went back to the env. But if you ask me I think it would good to have sevice in Louisiana if they do buy sprint.

    • man i really wish verizon would buy sprint...sprints fones are soooo ugly and there plans are dumb verizon rocks!

    • Why buy the company? Sprint is so confused, I agree with picking off their customers for free.

    • I wouldn't wish a Sprint buyout on my worst enemy. They haven't got a clue on what to do with their products. I know first hand. From top to bottom....

    • verizon to buy

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    • I think VZW should do it. For every 10 customers Verizon gets from Sprint, AT&T probably gets 7 at the very least. If Verizon buys Sprint now, they get a lot of people, some more spectrum, and they could even start selling some Sprint phones (Moment, Treo Pro, and some mid- to low-end phones) to reinforce their lineup. With the DROID, Moment, Eris, and rumored CDMA Nexus One and Incredible, along with the TP2, Imagio, Omnia II, Treo Pro, and Storm2, that's quite a smartphone barrage, plus lots of spectrum and cell towers. That would be great.

    • Nurture passes nature.


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