Alright EZ, the numbers are in and it isn't pretty. Huge EPS loss, operating loss, customer loss, higher churn, 2000 more layoffs. Absolutely no upside. So, let's have it. What's the excuse? How will you attempt to justify this and spin it as a positive?
Sprint reports a loss of $0.19 per share, rather than the predicted loss of $0.05, and an operating loss of $192 million. Churn was higher than expected, at 2.18%, and customer losses exceeded expectations, at 272,000 compared to a predicted 187,000. After hours trading has completely wiped out today's gains. Over 2000 additional employees will be laid off.
To reiterate, Sprint's losses were worse than predicted on every single metric. I'll withhold my signature snark, I think the numbers speak for themselves.
In what way has Sprint treated you well over the past year? The value of their stock has dropped more than 40% since January, they've lost around 10% market share, and they're bleeding customers. Where's the upside? If you're investing thinking "they can only go up from here", that's a poor strategy.
Oh, EZ, you're always good for a laugh. I purchased my shares as MetroPCS shares long before the merger, at a mid-single-digit price. Even after the reverse stock split I've more than doubled my profits. But you go ahead and keep attempting to pimp that company playing with a deck full of chump cards.
And if you believe that, I've got some oceanfront property in Vegas to sell you. Real cheap.
Yeah, only a fool would partner with small carriers when they could acquire the competition instead. Oh, wait.
Sigh... as usual, you've completely misunderstood. Dish owns spectrum that has not been deployed, and Charlie wants to sell or lease it to a partner. The government auction will determine the value of the spectrum he owns. Companies that already have spectrum which they intend to keep will not be affected by the valuation of new spectrum at all, with the exception of any future partnerships they make with spectrum holders like Dish.
Or to put it in "easy" terms, if you have a $5 sandwich you intend to eat and the price of bread goes up, it won't taste any better. But if I have a $5 sandwich and the shop across the street is charging $10 for the same thing, I can raise my price- while potentially undercutting the other guy. Mellow Yellow's Spam on Wonderbread won't be worth any more than it was yesterday, unless they attempt to price gouge Jimbo's Grits 'n Pagers.
Do you understand why Dish is waiting until after the auction to make a move (any move)? It's because the results of the auction will determine the value of the spectrum that Charlie holds, regardless of who they decide to partner with, if anyone.
Sprint has to acquire TMUS. That's their only play. There's no way they'll be successful while competing against anyone else in the bottom half of the market. They "walked away" because it is currently legally impossible to merge, so you can bet if that ever changes (or even if they begin to believe that it may change) they'll be right back on the phone with John.
You've been caught posting the same exact thing from multiple accounts. It really doesn't matter which account you use, as the content is equally absurd regardless of the username attached.
The most amusing thing about this comment is that any Android phone on T-Mobile can absolutely do the same thing that "pocket wifi" aka Chump Card does. Check out FoxFi, or any of dozens of other tethering apps, many of which don't even require root access. In fact, I'd bet most Sprint Android phones can do that too; but Mellow Yellow isn't going to tell you that when they can charge you for additional hardware and services.
That's a great explanation of the technology, although I fear it may be lost on EZ. He doesn't seem to care about any details past the article headlines.
I get that this is exciting for you, because as a Sprint customer you're always behind on products and features. But get this through your head: EVERY OTHER CARRIER HAS ALREADY HAD THE EXACT SAME TYPE OF DEVICE FOR OVER A YEAR. In some cases much longer.
The TMUS "Samsung LTE Mobile HotSpot PRO", which has been sold for a full year as of this month, DOES EXACTLY THE SAME THING. This isn't something you should be bragging about, Sprint is simply attempting to catch up to the competition. You know what else does exactly the same thing? Every single smartphone capable of tethering- which is nearly all of them.