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  • Sprint CEO Vows To Do Whatever it Takes to Stop AT&T, T-Mobile Merger


    In what proved to be an eye-opening interview with Bloomberg this week, Sprint CEO Dan Hesse said what we all expected to hear - that he's not too pleased with the possible AT&T, T-Mobile merger. What many of us didn't fully expect, however, was a pledge from the Sprint chief to pretty much do whatever it takes on his part to block the merger from happening.

    Dan Hesse’s White Room is closely guarded even within Sprint Nextel Corp. The chief executive officer carries the only key and draws black curtains over his scribblings before leaving. This is where Hesse retreats to map out “nukes” in red, blue and green ink, lately his tactics for stopping AT&T Inc. (T)’s proposed takeover of T-Mobile USA.
    It almost sounds like a bad SNL skit, but it's true. The Sprint boss is really lining up what he calls "nukes" to battle AT&T's proposed acquisition of T-Mobile USA. “Clearly, purely, we want to win and block the merger,” Hesse admitted in his room that, by Bloomberg's own admission, strikingly resembles a war-room for strategic military planning.

    Of course, Hesse isn't just concerned with what the merger in question will do to his company (possibly kill it), but the long-term consequences for the mobile industry at large. “The industry just won’t be as innovative and as dynamic as it has been,” Hesse says, trying to make his argument broader in scope. “It’ll gum up the works when everything has to go through these two big tollbooths, one that’s called AT&T and one that’s called Verizon.”

    In a surprise announcement late last March, AT&T announced a definitive agreement to acquire T-Mobile USA Deutsche Telekom for $39 billion in cash and stock combo. Ever since, all we've heard about are the regulatory roadblocks that AT&T will have to clear before this transaction is allowed to happen. And from the looks of it, Sprint wants to adorn that potential path to regulatory approval with as many "nukes" as possible.

    To read Hesse's full interview with Bloomberg, click here.

    Source: Bloomberg
    This article was originally published in forum thread: Sprint CEO Vows To Do Whatever it Takes to Stop AT&T, T-Mobile Merger started by Michael Essany View original post
    Comments 23 Comments
    1. swifty7's Avatar
      swifty7 -
      edit
    1. Turnamental's Avatar
      Turnamental -
      Quote Originally Posted by Painkiller006 View Post
      Care to explain as to why Sprint "sucks". Out of AT&T, and T-Mobile, Sprint network has given me the best performance. No complaints using my Evo 3D
      I had Sprint and got a better signal in the middle of nowhere than my own house in the city.

      They have the absolute worst customer service in the business. If I call customer service, I expect to talk to someone who can half assed speak english. (This was some years back, it may have changed) I had many many terrible times with their customer service.

      Sounds like ol Dan should get to launching some rockets or whatever it is that they do and quit worrying about AT&T.

      Be the only cell company with unlimited data. That MIGHT save your crappy company.

      Sprint lost me years ago. I will never return.
    1. Dynamic_Dan's Avatar
      Dynamic_Dan -
      This acquisition won't change too much for AT&T customers since AT&T and tmobile roam together anyway. The biggest thing is AT&T will get a lot of specture with the purchase which is needed for LTE