Sprint CEO Dan Hesse Thinks A Merger With T-Mobile Makes Sense, In Other News, The Sky Is Blue
Well I suppose this is hardly going to come as any surprise that Sprint CEO Dan Hesse has said that a merger with T-Mobile makes sense. Shock and surprise right? I think with the recent “article” (if one can call it that) of T-Mobile’s demise next years we can all admit that the carrier needs to do something. Competing against Verizon and AT&T for any carrier especially T-Mobile and Sprint is becoming increasingly difficult in light of their tremendous quarterly gains. A merger would place them right back into the game with a combined customer placing them squarely into third place, but by an amount significantly smaller than where both carriers are now. Of course, Rene Obermann, Deutsche Telekom’s CEO stated that no multi-billion dollars would come to fruition this year, but 2011 isn’t that far off.
Let’s be completely honest and say that while the concept of the combined carriers is great in terms of subscriber count, the different technologies and other incompatibilities would mean some serious long-term considerations in order to successfully merge the companies. We can only hope that if such a merger were to come to pass, that it would look something completely unlike a Sprint and Nextel debacle and that Deutsche Telekom would lead the way.