Friday, December 17, 2004

Sprint To Purchase Nextel

First it was Cingular buying AT&T Wireless to form the largest wireless carrier and now Sprint is purchasing Nextel (as long as all the regulators agree), to form the third largest wireless carrier. Verizon is in the middle.

I thought the Cingular/AT&T deal was probably a good idea. They have compatible systems and AT&T is really lost lately. Unfortunately, the merger will be a negative for us in Connecticut as part of the deal was a requirement that they divest some of the properties. Connecticut was one of those. In Connecticut AT&T Wireless was sold to AllTel .... Who? .....Great!?

Sprint/Nextel is a different story. They do not have compatible systems and really have totally different clients. Sprint is mostly consumer oriented and Nextel is business oriented for the most part with its push to talk function the biggest feature for its business customers. Sprint has been unable to get its push to talk functions to gather steam. Time will tell but Nextel customers better keep their eyes open, this is going to be a rough ride.

Verizon will not stay idol. Keep your eyes on them.

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