Sunday, 22 May 2011 06:54
Sprint To Possibly Benefit From AT&T and T-Mobile Merger
Sprint as you may already know is openly opposed to AT&T’s proposed $39 billion acquisition of T-Mobile, but the carrier actually stands to benefit from the deal according to Piper Jaffray analyst Christopher Larsen. Larsen recently lifted his rating on Sprint stock from neutral to overweight, while also upping his price target from $5.00 to $6.50. The analyst sees brighter days ahead for the carrier through the rest of 2011 and 2012 as well, believing that the AT&T and T-Mobile deal could become a good thing for Sprint. Larsen thinks that the merger could cause some subscribers to leave the new mega-carrier and come fleeing to Sprint. Furthermore, AT&T may be required to divest some of its markets for the deal to be approved and Sprint may be able to pick up that business or even some of AT&T’s spectrum assuming it is forced to let some go. Finally, the analyst also believes a post-merger market would be less prone to aggressive price cutting, which would certainly help Sprint maintain a competitive advantage in the wireless industry. What do you think of the whole ordeal? Do you think the analyst is making accurate assumptions or do you feel his predictions are way off? Share your thoughts and opinions in the section below! As usual, stay tuned for more tech news and info by following us on Facebook, Twitter and/or by subscribing to our RSS Feed. Authors:
Read 2622 times
Published in
News Technologique-Tech News
More in this category:
« Jailbreak App Store “Installer” Returns To Cydia; Now Available For iOS 4.3.3
Au pixel près »
accident
Amazing
animal
animals
animaux
art
avec
baby
car
Cat
chat
chien
comment
Crazy
Cute
dans
Dog
droles
Echec
fail
fait
From
funny
how
jump
musique
nature
new
people
plus
pour
route
russia
russie
saut
sauvage
Sport
stupid
sur
Technique
The
usa
vehicules
video
video du jour
videos
voiture
webbuzz
wild
with