Ergen/Scumer smokescreen to hide Ergen's lousy M&A attempt
Interesting article by the New York Times this afternoon. Quote the last two paragraphs:
"What’s more, SoftBank has promised to rip out networking equipment used by Sprint’s network partner Clearwire and produced by Huawei, a Chinese manufacturer embodying Congress’s cybersecurity concerns. Last year, the House Intelligence Committee said telecom companies should avoid using the firm’s equipment because of its close ties to the Chinese government. SoftBank estimates the cost of replacement would be $1 billion.
Dish hasn’t yet made a similar promise alongside its $26 billion offer for all of Sprint, which suggests its complaint isn’t really about national security, but rather about having the weaker position in an M.&A. fight. Lawmakers and investors alike can afford to ignore the diversion."
I like: "...it's complaint isn't really about national security, but rather about having the weaker posion in an M&A fight."
Give up Charlie. Many people can see right through you.