Originally Posted by Cyrilmak
Considering Sprint was switching to LTE I think this is more of a rumor than real. Also does Sprint even have that kind of money laying around?
Actually, that's a good point. Sprint's cash on hand, as of June 30th, was about $4B. Heck, they have less than $15B invested in infrastructure (plant, property, and equipment)! I mean, yes, it is over 4-5 years, but they've been barely breaking even over the last couple of years... just seems like a very risky move if it is true they've signed a deal. They certainly don't have the cash now, and unless there's a major increase in subscribers without a whole lot of increased cost, they're not likely to have the cash later either.
Also of interesting note, Sprint's stocks dropped more than 10% today... so apparently investors didn't like the move!