apple should buy sprint

According to The Street, Sprint-Nextel is at a 52-week low with today’s closing price. Their market cap is $10 billion.

Apple as $70 billion in cash on hand.

Google is buying Motorola.

I think Apple should buy Sprint. And they should stop distributing the iPhone via Verizon and AT&T in the US.

  • guarantee a distribution channel for media which Apple proffers
  • boost Sprint’s value
  • accelerate the deployment of 4g (and better) network technologies (a laВ LightSquared)

It would also give, in my opinion, a strong leg-up for Sprint on their suit against AT&T’s proposed acquisition of T-Mobile.

September 22, 2011 В· antipaucity В· No Comments
Posted in: ideas, news, technical