Boston, MA 12/16/2013 (wallstreetpr) – Sprint Corporation (NYSE:S) has its ambitions on the national spectrum again. Sprint which provides diverse network services is one of the four service providers, in a country which is considered to be the largest network market segment in the world.
The other three providers: T-Mobile, Verizon and AT&T each have niches they provide and varied consumer base across the country.
Where Sprint and T-Mobile are the smallest of the network carriers and service providers, AT & T and Verizon are the largest providers across America,
In terms of numbers, if the number of providers that both Sprint and T-Mobile were to be combined, it would amount to just 53 millions. This will be in sharp contrast to what Verizon individually holds as its customer base- 72 million, which incidentally is much lesser than the 95 million which AT&T services.
Sprint attempts to go national with T-Mobile merger
Sprint Corporation (NYSE:S), which is majorly owned by SoftBank, has always been ambitious in becoming the largest provider in the country. Besides, it lacks the technical infrastructure to grow to such massive strengths as AT&T as well as Verizon as it does not own any of the low spectrums.
It did have discussions with Verizon to address this requirement, ever since FCC has disappointingly postponed the auction of the 4G network to 2015.
This has driven Sprint to look for co-partnerships and the bid by T-Mobile may not have been at a more opportune moment. It is believed that Softbank’s CEO Massayoshi Son has been keen in perusing the bid only if it complies with the regulatory requirements of the telecom service industry.
Sprint Corporation (NYSE:S) will be an interested party as T-Mobile which already has Deutsche Bank on board exit its 67% stake soon.
However, in view of the fact that the Department of Justice had annulled an AT&T request to take over the smaller-sized Sprint, roughly two years ago, it needs to be seen if Sprint and T-Mobile can satisfy DOJ to take the deal forward!
