To me it is simple, Hesse must go. He did his part in restructuring the company. Now they need a leader who can market the company. Not a pompous CEO trying to star in national ad campaigns. His lack of judgement in doing this shows his arrogance. Plus, his failure of launching the 4G smoothly shows he isn't capable of learning from his past failures like the Palm Pre. And now comes what he termed his competitors "Nukes" aimed at Sprint.
Hesse seems to have done a fine job when you consider what he had to work with. This company was in terrible shape and now appears to be merely bad with some hopeful signs.
That Sprint/Nextel merger was one of the worst deals in history. Maybe Sprint should be on the selling end this time? I'll bet DT would pay a significant premium to the current share price but unfortunately I don't think Sprint's BOD would accept a significant premium.
Might be the moronic "against the grain" call by the street.com.
Then again, it could be the leverage, the fact that the IDEN customers are leaving, the costs of maintaining a national network while being fourth in a competitive market, the costs associated with choosing and being legally required to continue using a 4G technology that their competitors are not using, having CLWR potentially compete with them in the 4G arena.
Seems like a buy to me but who knows what the future holds.