Mar 22
Verizon CEO: We Don’t Need Sprint
Posted in: att, Sprint, TMobile, Today's Chili, verizon
AT&T yesterday released news that will almost certainly overshadow everything that comes out of CTIA this week. Pending government approval, the company will be buying T-Mobile for a combined cash and stock deal worth around $39 million. Naturally upon hearing the news, we all asked the same question: so, when is Verizon buying Sprint?
In an interview with Reuters, Verizon’s CEO Daniel Mead offered a pretty definitive answer, “We’re not interested in Sprint. We don’t need them.” Fair enough. Meade added that he expects the AT&T/Verizon deal to go through, so long as AT&T sells off the right number of assets. “Anything can go through if you make enough concessions,” he told the press.
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