The nation’s largest carrier by subscribers said Tuesday it added 1.57 million of the most lucrative contract customers in the last three months of the year, besting resurgent rival T-MobileTMUS -2.09%, which said this month it added 869,000.
But a closer look at the data shows T-Mobile is adding nearly as many new phone subscribers as Verizon. Of Verizon’s 1.57 million additions, 824,000 were phone customers (the rest bought plans for devices like tablets). That’s just 24,000 more phone customers than T-Mobile signed up.
Nicely done, T-Mo.
I really don't know, there are too many variables. For instance, what percentage of TMUS does Sprint/Softbank want to buy? What's the exact value of the current debt, and what kind of new rates are the banks offering, and over how long? How much cash are they willing to part with to placate the other shareholders?
If they simply buy out DT's stake in the company, that won't change the PPS at all. If they give the other shareholders a payout, that won't affect the PPS either. If they fully absorb TMUS (like the PCS - TMUS merger) and convert TMUS shares into Sprint (or whatever the new company is called), it's anyone's guess what the conversion rate will be. The stock price will definitely move based on the additional resources available and analyst outlook for the new entity, but right now it's nearly impossible to predict how it'll all play out.
They managed to acquire 4.4 Million customers from the competition, while forcing the bigger players to change their business model. That's hardly nothing. And yes, they had to spend a lot to do it.
Do you know how many times this stock has closed below $30 since it broke into that range on December 20th? I'll give you a clue, the answer is "once". That means every time you wait for a dip in the price and post an "I told you so" about the mid-20 price range, you've been wrong. But if you keep doing that you'll be right eventually... or not. Broken clock.
And don't worry about my lunch money, as I've said before, I'm only in TMUS because I bought a bunch of PCS shares in 2010 for almost nothing. Even with the reverse split during the merger I've tripled my money, and I've got a stop-loss order in place to guarantee I get to keep it. TMUS hits that mid-20 range I'll cash out automatically and laugh all the way to the bank. And if the price goes up... well, I'll probably do the same thing.
I think you're confusing the acquisition of MetroPCS last year. DT didn't "buy" TMUS, they've always been the parent company of T-Mobile. The price you're referring to was the IPO value of the new company, based on a reverse 2-for-1 split of PCS shares ($8 and change x 2 = 1 TMUS).
I don't know, if I was a Sprint shareholder I'd still have a healthy skepticism about the merger being approved, and by association, be worried about losing customers.
Wow... there's some REALLY wacky stuff in his history. For example:
"Why all the non stock related talk"? [Feb 12, 2014]
'because these are sub human descendents of the satan and the evil and have no other business except to spread their garbage and stench all over. it says right at the top that it is a t message board and not a satan,s abode.'
So, would that make boston "a sub human descendent of the satan"[sic] for spam-posting about his fixation on Legere's party crashing antics?
At least his post history illuminates his behavior here- he's a HUUUGE AT&T fanatic! That's why he's so upset about the face of a smaller carrier crashing an AT&T party, and using it to get free publicity. Well Beantown, you'd better get used to it.
Son is still trying to make an offer for TMUS- he'll be speaking about that next Tuesday. If he gets shut down Dish may make a move, it sounds like Charlie doesn't want to fight over TMUS but he didn't say he wasn't interested at all.
" Lets say you could cash out at 50K but willing to take for 40K on a stop play. How Stupid can one get."
Perhaps reading comprehension isn't your forte. I have a stop-loss in place to STOP LOSS in the event of a sudden and significant drop in price. It's a preventative measure. In the meantime I'm waiting to see if the price will go higher, at which point I'll sell and collect even more money. This really isn't complicated stuff.
And yeah, Sprint had to offer more money for people to switch to their Frenemy plan, because nobody in their right mind is going to leave any other carrier for Sprint. Don't take my word for it, take a look at their porting ratios- you can find that in their quarterly reports. They have the lowest incoming ratio and highest outgoing ratio of any big-four carrier, and I'll bet bucks against beans that continues to be the case in Q1 and Q2 despite this promotion.
You're looking at the 2013 figures and still insist on being a hater? Maybe you need your vision corrected. The PCS/T-Mo merger was last May, just about one year ago. Since then it went from an opening price of $16 to a current price of over $30. Even if you ascribe the last four bucks to merger rumors (since it was $26.6x before that happened), that means the share price has increased by 62.5% on its own merit.
And you don't get to ignore the first quarter or half just because you know you won't like the results. The Frenemy promotion isn't going to help Sprint retain customers, which means they're going to lose money. You can wait until next year for results, I'll be completely out of the telco game by that point and really won't care one way or the other.
Good job upvoting your own posts though, I'm sure the other three people who read this forum are impressed.
Yeah, you're right. Multiple banks offering to finance the deal and DT moving its holdings to a tax-advantaged location probably means there won't be an offer. Just kidding, it's exactly the opposite.
I'm not sure if they could pull that off or not. It'd give Sprint a controlling interest in their nearest competitor, and it'd be hard to prove it wasn't an anti-competitive move. Not to mention if they did do that and kept both brands operating they'd essentially be competing with themselves.