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Sprint Corporation Message Board

  • greekmonster101 greekmonster101 Oct 4, 2012 12:05 PM Flag

    PCS Deal


    If I was a PCS holder, and I was getting a third of the market cap in cash (ie. 1.5 Billion) plus 25% of a dicey company in T-Mobile I would not be happy - I say dicey because given the debt structure, the rate at which they are losing customers, having no iphone, still needing to spend on 4G build, being way behind on the 4G build, and facing a tough integration of networks and customer types, there is little sense that the new company will be successful, and will undoubtedly be hit hard by shorts especially at the start.....

    In other words it's a real crap shoot as to what the PCS holder ends up with. I can't see that the PCS holder would be happy with this deal at all.

    If Sprint can get PCS for a fair price, it's a much better fit, and it's much better for the PCS holder. In many places there are PCS stores and Sprint stores within blocks of one another, there are spectrum synergies and advantages of scale, etc. But, but, it has to go at the right price.

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