Sprint Buyout and/or Bankruptcy- Not a possibility

March 13, 2008 | ghengis | Comments 0

Push-to-X launched by Sprint

Craig Moffett,a Research analyst from Bernstein submitted his Sprint Analysis today showing everyone nations fifth largest mobile service providers current financial status. we have gathered the following going through the summery:

A very slim change that regulators would allow Verizon or AT&T to buy the company for antitrust reasons.
T-Mobile would create a nightmare scenario of three incompatible networks.
The risk of bankruptcy is remote since the free cash flow still appears sufficient to meet maturities. Even if the consensus outlook is still too optimistic and Sprint is unable to raise new debt or cut costs, the carrier would still have to burn through an additional $4 billion in cash and marketable securities before a liquidity problem would arise.”

So far i am confused just like you are till the very end of the report. he concluded saying , ” Sprint is headed neither for a complete meltdown nor a convincing recovery, “but instead a limp-along future that, well, looks a lot like the limp-along present.” Now if you ask me then i will say, gather some extra money that you have and buy some sprint stock, it will bounce back, it will take just a little time, thats it.

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