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Old October 11th, 2012, 12:05 PM   #1 (permalink)
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Default Sprint in talks to be bought.... [SOLD!]

Personally I view this as horrible news.


Here's The Email Sprint's CEO Just Sent To Employees About A Potential $12 Billion Sale - Yahoo! Finance
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Old October 11th, 2012, 12:30 PM   #2 (permalink)
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Personally I view this as horrible news.
It's way too soon to predict the future but I'm sure there will be some good points to go with the bad.
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Old October 11th, 2012, 01:38 PM   #3 (permalink)
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Could be good, but honestly I'm not too psyched about selling out another US company to an overseas one. AT&T would be the last fully national HQ'd mobile provider in the US if this were to go down.
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Old October 11th, 2012, 11:15 PM   #4 (permalink)
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This link says the sell would be $19 Billion. I don't like the idea of another US company selling out to an overseas company also, but I think we, the customers, might benefit in the end. With Softbank's money Sprint's network could quickly improve. We could see less dead zones and better phones. As long as our prices don't rise I'll be happy.

Japan’s Softbank Corp. In Talks To Buy Control Of Sprint | | DroidDog Android BlogDroidDog Android Blog
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Old October 12th, 2012, 05:42 AM   #5 (permalink)
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This link says the sell would be $19 Billion. I don't like the idea of another US company selling out to an overseas company also, but I think we, the customers, might benefit in the end. With Softbank's money Sprint's network could quickly improve. We could see less dead zones and better phones. As long as our prices don't rise I'll be happy.

Japan’s Softbank Corp. In Talks To Buy Control Of Sprint | | DroidDog Android BlogDroidDog Android Blog
Well, I wouldn't expect things to get better without us paying slightly more. If they have the cash to infuse into Sprint for Network Vision to complete faster (and possibly more sites) - I'm all for ponying up a few bucks.
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Old October 12th, 2012, 06:42 AM   #6 (permalink)
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I'm sure they have plenty of cash, but having worked for a global company based out of Asia this wouldn't be some easy transition.
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Old October 12th, 2012, 07:52 AM   #7 (permalink)
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I'm sure they have plenty of cash, but having worked for a global company based out of Asia this wouldn't be some easy transition.
What is there to transition to? Sprint hierarchy doesn't necessarily need to change. Dan Hesse still is the best man for the job.

The infamous "If it ain't broke, don't fix it" quote comes to mind. Surely, they operate in debt, but that's what the cash infusion is for. $19B is HUGE amount of coin.
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Old October 12th, 2012, 09:24 AM   #8 (permalink)
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I'm sure this will be good for Sprint. They could use the help. My only concern is the unlimited data. Sprint has sworn by this since the beginning, and with a new company taking over, will they continue Sprint's only true selling point or will the start using data caps? Unlimited data is the only reason i am with Sprint. Without that, I'm gone
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Old October 12th, 2012, 10:49 AM   #9 (permalink)
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What is there to transition to? Sprint hierarchy doesn't necessarily need to change. Dan Hesse still is the best man for the job.

The infamous "If it ain't broke, don't fix it" quote comes to mind. Surely, they operate in debt, but that's what the cash infusion is for. $19B is HUGE amount of coin.
Well I have few comments here. First who says Sprint isn't broken? I think the consensus is they have a pretty subpar network and lots of debt. Next, a company doesn't spend 20 bill dollars to leave things as is, so there will be a transition. Lastly, usually in deals like this the execs get pizzzaid(stock options) and they don't get pizzaaid just to sit around and take orders. They get pizzaiid because they are about to move to the side and allow the new ownership to take over.
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Old October 12th, 2012, 03:07 PM   #10 (permalink)
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Well, I wouldn't expect things to get better without us paying slightly more. If they have the cash to infuse into Sprint for Network Vision to complete faster (and possibly more sites) - I'm all for ponying up a few bucks.
I'm paying enough already. Anymore and I might as well go to Verizon. I like Sprint. I have been with Sprint for 11 years next month. I am willing to stick it out with Sprint through their Network Vision upgrades. But I am not willing to pay anymore when there is already a Network that works better. Makes no sense. T-Mobile's Network is faster than ours right now, and about the same price. I really don't see Sprint raising their prices if they really want to compete and stay in business.
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Old October 13th, 2012, 08:22 PM   #11 (permalink)
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Unlimited data is the only reason i am with Sprint. Without that, I'm gone
Amen brudda, hope Softbank is aware itís not just you and me behind this.
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Old October 13th, 2012, 10:09 PM   #12 (permalink)
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I too also fearful it could mean the end of unlimited data and the begining of price increases

Of course my own opinion...they haven't really told us little people anything.
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Old October 13th, 2012, 10:35 PM   #13 (permalink)
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I was reading about this on geek . com. You don't have to worry about price increases. The company looking to buy sprint is the 2nd largest telephony company in Japan and is known for actually driving prices down not up.

The same company is saying they are looking to buy metropcs through sprint so tmobil better hurry up and cement the merger before metro gets a better offer.
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Old October 13th, 2012, 10:53 PM   #14 (permalink)
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I was reading about this on geek . com. You don't have to worry about price increases. The company looking to buy sprint is the 2nd largest telephony company in Japan and is known for actually driving prices down not up.

The same company is saying they are looking to buy metropcs through sprint so tmobil better hurry up and cement the merger before metro gets a better offer.
Imagine if they bought both

T-sprintro
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Old October 14th, 2012, 02:49 AM   #15 (permalink)
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Imagine if they bought both

T-sprintro
Sprint should have bought T-Mobile when they had the chance. I am sure they regret that now. They should have never spent all that money for the IPhone. I think the IPhone has hurt Sprint more that helped them. But I could be wrong.
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Old October 14th, 2012, 10:29 AM   #16 (permalink)
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This could be good or bad, but I am leaning towards bad. If unlimited data goes away so do I, it's the only reason I stick with Sprint.

If you look closer it appears it is an attempted iPhone grab http://www.businessinsider.com/apple-iphone-softbank-sprint-2012-10 and if this is all they are after what does that portend for the rest of us.

All sales of this size and impact have to be approved by the FTC so it may be a moot point, it could be shot down before it ever gains steam.

I also have to agree about the iPhone, it was a bad business decision to become encumbered with that much debt for a single device when the company could least afford it, and then to hang all the loyal Premiere Rewards customers out to dry for the sake of the iPhone alienated a lot of customers, me included. As I stated before, if it wasn't for unlimited data I would already be gone.
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Old October 14th, 2012, 06:26 PM   #17 (permalink)
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I'm really hoping it won't mean the end to unlimited. Only reason I'm still on Sprint is it's the only provider that has consistent signal at my house. All others are awful. Verizon is very low signal, but there's no way I'm paying the prices Verizon offers.

If they get rid of unlimited, then it makes it even harder for me to make a decision on staying or going.

I just hope that this transaction will allow Sprint to speed up Network Vision, while still keeping the plans the same.
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Old October 14th, 2012, 07:14 PM   #18 (permalink)
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I'm really hoping it won't mean the end to unlimited. Only reason I'm still on Sprint is it's the only provider that has consistent signal at my house. All others are awful. Verizon is very low signal, but there's no way I'm paying the prices Verizon offers.

If they get rid of unlimited, then it makes it even harder for me to make a decision on staying or going.

I just hope that this transaction will allow Sprint to speed up Network Vision, while still keeping the plans the same.
That trumps price in my eyes.
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Old October 14th, 2012, 07:29 PM   #19 (permalink)
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That trumps price in my eyes.
Yeah, it does, which is why I have been so loyal to sprint for so long. It just leaves me in a catch 22
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Old October 14th, 2012, 08:19 PM   #20 (permalink)
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Originally Posted by Mr. Ed View Post
I too also fearful it could mean the end of unlimited data and the begining of price increases

Of course my own opinion...they haven't really told us little people anything.
If soon its the end of unlimited data, I seriously hope the 3g speeds increase dramatically or us who is with Sprint solely for the unlimited data probably will leave for t-mobile

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Old October 15th, 2012, 01:34 AM   #21 (permalink)
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It's a deal.

http://www.businessinsider.com/softbank-buys-sprint-2012-10-b

$20 billion.

8 to Sprint, 12 to shareholders.
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Old October 15th, 2012, 08:22 AM   #22 (permalink)
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It's a deal.

Softbank Buys 70% Of Sprint - Business Insider

$20 billion.

8 to Sprint, 12 to shareholders.
I wonder how long the transition will take. I'm really hoping Hesse remains in his position. He's done marvelous things for the company since his arrival.
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Old October 15th, 2012, 08:36 AM   #23 (permalink)
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It's a deal.

http://www.businessinsider.com/softbank-buys-sprint-2012-10-b

$20 billion.

8 to Sprint, 12 to shareholders.




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Originally Posted by NYCHitman1 View Post
I wonder how long the transition will take. I'm really hoping Hesse remains in his position. He's done marvelous things for the company since his arrival.
Me too. Hesse basically saved a sinking ship since he moved over from ATT. Sprint's customer service was awful before he was on board.
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Old October 15th, 2012, 08:41 AM   #24 (permalink)
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Me too. Hesse basically saved a sinking ship since he moved over from ATT. Sprint's customer service was awful before he was on board.
I'm curious/nervous/excited all at the same time. These actually feel like conflicting emotions lol.
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Old October 15th, 2012, 08:47 AM   #25 (permalink)
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I just want my damn LTE to work finally.

Going to look at Verizon plans just in case these towers don't start popping up around here.
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Old October 15th, 2012, 08:49 AM   #26 (permalink)
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I wonder how long the transition will take. I'm really hoping Hesse remains in his position. He's done marvelous things for the company since his arrival.
Dan Hesse will remain the CEO and a member of the board.
You can read all about the deal here.

http://www.androidcentral.com/softbank-confirms-70-percent-acquisition-sprint-worth-201-billion
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Old October 15th, 2012, 08:50 AM   #27 (permalink)
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I just want my damn LTE to work finally.

Going to look at Verizon plans just in case these towers don't start popping up around here.
I can't help but laugh when I see posts like yours.

EDIT: Something that I stumbled across - http://www.phonearena.com/news/Softbank-acquires-70-of-Sprint-for-20.1-billion-facts-and-repercussions_id35547#10-Softbank-becomes-the-new-Vodafone-and-Deutsche-Telekom
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Old October 15th, 2012, 10:49 AM   #28 (permalink)
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Even with the sale, which will provide Sprint with some much needed capital, not much is expected to change at Sprint. The company will remain headquartered in Overland Park, Kansas and Dan Hesse will retain his position as CEO. A separate entity, New Sprint, will be created, under which Sprint will operate as a wholly-owned subsidiary.
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Old October 15th, 2012, 11:15 AM   #29 (permalink)
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At times I am shocked that most of you aren't seeing the signs.

Softbank buying out Sprint (or controlling most of it is to me a good thing. It provides the necessary cash to
  1. Increase the rollout
  2. increase its credit rating, thus
  3. Give Sprint the ability to refinance existing debt at a much lower interest rate
  4. Increase the likelihood of further acquiring other partners/corporations. Such as...
    • Clearwire *
    • MetroPCS **

The big cheese from Softbank actually turned around a money losing Vodaphone Japan and placed the company into a very good spot among the Japanese telecoms when it bought it. It introduced low rate plans unheard of (for Japan at the time) which increased subscribers. It has its own unlimited plans and is aggressively expanding its LTE network.

The bigger cheese from Sprint (have you seen them both side by side) has been turning around Sprint from the Nextel disaster and is aggressively expanding its network at a fast rate (considering the size and scope of doing this nationwide). It continues to do unlimited while others throttle it or don't offer it at all.

Together, I do not see unlimited going away for a long long time. Both big cheeses want to be at top of their game and eliminating unlimited will not do them any good. It will increase the likelihood of allowing Sprint to do so much more as outlined in my points above. With continuing the unlimited plans and increasing the LTE rollout (as well as the rest of network Vision) I can see the following graphs being true.





Source: zdnet

* With the deal I feel that Sprint will have the ability to refinance existing debt and increase the prospect of being able to fully acquire Clearwire for the spectrum that it has.

** Remember, The original plan by Softbank was to acquire both MetroPCS and T-Mobile along with Sprint back in early 2012, but the deal fell through with T-Mobile due to fears of anti-trust implications. I still feel that even if the T-Mobile / MetroPCS complete their reverse ownership deal and the Sprint / SoftBank deal also goes through, that the eventual goal is for the New Sprint to acquire MetroPCS sometime in 2013-14 through a spectrum deal that would not acquire anti-trust concerns. This will allow T-Mobile to get out of the US market as they plan on doing and give the New Sprint more spectrum in heavily congested areas.

TS
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Old October 15th, 2012, 12:30 PM   #30 (permalink)
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In regards to the acquisition of MetroPCS, it looks like it is more of a possibility now due to the possible dissolution of agreement on terms between DT and MetroPCS.
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Old October 15th, 2012, 12:33 PM   #31 (permalink)
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In regards to the acquisition of MetroPCS, it looks like it is more of a possibility now due to the possible dissolution of agreement on terms between DT and MetroPCS.
What dissolution of agreement? Did something happened today? I miss something? linky please.

Edit: are you talking about the stockholders planning on blocking the merger?

TS out (searching)
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Old October 15th, 2012, 12:43 PM   #32 (permalink)
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...TS
Reason I love this forum is posts like this! Thanks, TS.
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Old October 15th, 2012, 12:48 PM   #33 (permalink)
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What dissolution of agreement? Did something happened today? I miss something? linky please.

Edit: are you talking about the stockholders planning on blocking the merger?

TS out (searching)
Yeah, that's what I am talking about, but I saw it elsewhere than Phandroid. I think it was WSJ.
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Old October 15th, 2012, 01:06 PM   #34 (permalink)
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Right on, TS... I think it's going to be awesome for us!

I was really torn about moving to my husband's AT&T account, but there's no way in hell I'm moving now.
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Old October 15th, 2012, 01:11 PM   #35 (permalink)
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The merger could also mean better handsets. Handsets in Japan are often durable, water resistant and come in a variety of colors, with a lot of features.
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Old October 15th, 2012, 01:16 PM   #36 (permalink)
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Sprint WILL reign again!

Bring it on, Mr. Hesse!
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Old October 15th, 2012, 02:46 PM   #37 (permalink)
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The merger could also mean better handsets. Handsets in Japan are often durable, water resistant and come in a variety of colors, with a lot of features.
I was thinking the same thing. I am also hoping we will get more world phones. Maybe Sprint will be able to get some GSM phones, or build a GSM network. I am not sure how that would work but I know it would be good. Either way I see a whole NEW SPRINT.
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Old October 15th, 2012, 03:22 PM   #38 (permalink)
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The merger could also mean better handsets. Handsets in Japan are often durable, water resistant and come in a variety of colors, with a lot of features.


I am dying to get that Hello Kitty handset. Its going to make me so macho looking.

All joking aside, I agree with Early, one of the reasons why Softbank is wanting this deal is because Sprint has a very nice portfolio of devices from numerous manufacturers that Softbank does not have. (Although they stand very well on their own if you check their website). This will probably allow both to negotiate deals with the manufacturers to get better devices for both Sprint and Softbank as well as interoperable devices (at least between the two countries). I also agree that Japan does have some nice features that we do not have here in the USA.

TS
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Old October 15th, 2012, 04:20 PM   #39 (permalink)
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Perhaps you recall me writing this one up before, it's still current.

http://mb.softbank.jp/en/products/sharp/007sh.html
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Old October 16th, 2012, 12:41 AM   #40 (permalink)
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Geek.com says this:

This New Sprint will cause the competition here in the US to become further heightened, especially if Sprint keeps their Unlimited plans around. On a global scale, SoftBank would quickly jump to being one of the largest carriers in the world.
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Old October 16th, 2012, 08:56 AM   #41 (permalink)
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As mentioned.. after reading the articles (my ONLY source of info on this)
This looks to be nothing but positives for customers. Softbank driving prices and unlimited data there and all.

Time will tell!
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Old October 16th, 2012, 09:32 AM   #42 (permalink)
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Curiously enough, I heard on NPR yesterday that while Sprint's stock prices went up, SoftBank's went down. Apparently Japanese investors aren't as down on the deal as US investors, since it means the combined company will have something like $40 billion in debt. The thinking over there is this merger will leave SoftBank/Sprint/Spank very little wiggle room for mistakes due to that debt load.

Still hope this works out as a positive for Sprint customers, though.
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Old October 16th, 2012, 10:19 AM   #43 (permalink)
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Sprintís $20 Billion Deal Could Mean Lower Rates for All
In the short term, he says SoftBankís cash will also let Sprint continue to offer its unlimited plans while angling for a possible T-Mobile takeover, which would solidify Sprintís status as the default third choice.
What Softbank Buying Sprint Means To You
So this could be a really good thing. The only warning is that if Sprint can't pull off the transformation Softbank desires and the parent company cuts bait, that could be the end of Sprint entirely.
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Old October 16th, 2012, 10:47 AM   #44 (permalink)
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Sprintís $20 Billion Deal Could Mean Lower Rates for All
In the short term, he says SoftBankís cash will also let Sprint continue to offer its unlimited plans while angling for a possible T-Mobile takeover, which would solidify Sprintís status as the default third choice.
What Softbank Buying Sprint Means To You
So this could be a really good thing. The only warning is that if Sprint can't pull off the transformation Softbank desires and the parent company cuts bait, that could be the end of Sprint entirely.
Even if it's the worst case scenario and Sprint goes away, somebody has to take over their towers and that's the most important part for me. Not having cell signal at my house sucks, so ATT and T-Mobile are kinda out of the question, until their signal gets better.
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Old October 16th, 2012, 11:16 AM   #45 (permalink)
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Perhaps you recall me writing this one up before, it's still current.

007SH | SoftBank
THATS why I remember the Softbank name!
I was trying to figure out why I remembered the name from a while before the talks of purchases. It was because I was impressed with this phone from Japan way back when. It happened to be on the Softbank network. Thanks, it was bothering me, and you've connected the dots in my head.



I've noticed a significant theme throughout the thread. Alot of us have been loyal customers through the years (side note/rhetorical: why do so many of us tend to wear our service duration like a badge of honor?), but just about the most important benefit it seems that alot of us enjoy at this time is unlimited data. We know Sprint probably reads some of the internet chatter and we can tell that they know they have a competitive advantage with unlimited data since it has been a significant selling point in their advertising. However, I'm wondering if there is any way that we can clearly communicate our position further to Sprint Corp. and Softbank despite whatever message they provide us.

Maybe I'm just talking to the wall or thinking utopian but I think it would be really cool if we, as customers, could deliver a statement of some sort to all parties including Softbank and New Sprint to hopefully ensure the continuance of completely Unlimited Data (we could also stress the need for a more expedient Network Vision completion). Not to say that I think Sprint or Softbank have their priorities out of line, I just think It would be really reassuring to know that everyone involved is on the same page going forward and that we did our part to try to maintain and make better.

I don't know how we can get this message through, but I can see that Unlimited Data is a MAJOR splitting point for the consumer. Even if the word that we are getting from them that they plan to keep Unlimited Data for the time being I still think it would be our wisest move to confirm the decision in some way to stave off some of the inevitable changes that can occur when companies go through business decision changes.

Anyone have any good ideas on how we could attempt to get a uniformed message from the consumers to the top decision makers?
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Old October 16th, 2012, 03:16 PM   #46 (permalink)
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I was reading this story about Softbank acquiring Sprint on another Forum, I won't mention the name, and its funny to see how everyone on that forum were so negative about this whole thing. It seems like the complete opposite on this Forum, everyone seems so positive or hopeful. This is one reason I really like this Forum.
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Old October 16th, 2012, 03:36 PM   #47 (permalink)
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Iíve just been posting links to articles Iíve found, and it turns out that theyíre all basically positive. But they are also full of conjecture and speculation, so we certainly canít see down this road yet. Sprintís stock jumped up on the news but has been flat since.
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Old October 18th, 2012, 06:30 AM   #48 (permalink)
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Default Sprint Being Bought By Japanese Firm. Thoughts?

Japan's Softbank snaps up Sprint in $20 billion deal

Will this be a positive or negative? Apparently investors are not too impressed, as both companies stocks have dropped on the news. What changes will the new Sprint bring? Are the days of unlimited data umm...limited? Interested to hear your opinions. With the Tmobile/Metro PCS merger and now this, some interesting happenings in the cellular arena.
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Old October 18th, 2012, 06:33 AM   #49 (permalink)
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I'm quite excited

I don't see any reason for the unlimited plans to be discontinued, unless there are rampant abuses by users.
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Old October 18th, 2012, 06:36 AM   #50 (permalink)
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The "unlimited" could become "unlimited*".
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