Re:Sprint, T-Mobile Merger Killed Wireless Price Competition...
by Aloha on Thursday May 16, 2024 @09:26PM
(#40385381)
He finally reduced the fixed costs that should have been done post Nextel merger.
I remember Nextel and iDEN sites co-sited on the adjacent towers.. but with different shelters (sprint was often outdoor cabinets).
Re:Sprint, T-Mobile Merger Killed Wireless Price Competition...
by johnnyanmac on Thursday May 16, 2024 @10:49PM
(#40385881)
Yeah, I always thought the two primary factors here were the lost bet on WiMax (which probably cost a lot to build infrastructure for) and the Nextel aqui-merger causing a lot more friction than synergy.
I'd be a horrible businessman, because I really can't imagine keeping so much debt and simply being okay with it until its too late. I'd be considered a fool if I managed my personal finances like that, but that's the normal operation when managing millions or especially billions at a time.
Marcello has a lot of faults but he didn't run Sprint into the ground. He is actually pretty smart and at that time we cut over a billion dollars out of the operating budget circa 2016/2017 iirc. It was an impossible position and it's really sad because it was a great old company in my estimation. T-Mobile is just the worst.