Re: T-Mobile Sprint Merger: Say goodbye to scam calls

On 8/7/2020 1:36 PM, JF Mezei wrote:
> On 2020-08-07 15:59, nospam wrote:
> 
>>> The only virtue of Nextel was the PTT feature. Shutting it down
>>> immediately, without an adequate replacement, would have been bad.
>>
>> which is why they waited to shut it down.
> 
> 
> You don't bvuy a money losing service and delay integrating it for years
> during which the money losing service now drains your own money and
> doesn't generate any return on investment for you to pay back the debts
> of buying it.

Don't know why you believe that Nextel was  "money-losing." It wasn't. 
You can look at their 10K reports at the time.Go to 
<https://sec.report/Document/0000950133-05-003305/> and search for 
"Comprehensive income, net of income tax".

At the time Sprint purchased Nextel, Nextel had the highest ARPU of any 
nationwide carrier, and Sprint was 2nd: "Back in 2004, when the merger 
was proposed, Nextel’s ARPU was $69 while Sprint’s was $63, Verizon’s 
$51.58 and Cingular’s $49.78."

The acquisition came shortly after Cingular acquired of AT&T Wireless, 
and Sprint felt that Nextel would give them economies of scale, not 
foreseeing the hemorrhaging of subscribers that would occur.