Congratulations to Softbank on winning Sprint Nextel.
Atlanta, GA (PRWEB) June 19, 2013
Dish has backed off their effort to acquire Sprint Nextel. That means Softbank is the apparent winner of Sprint Nextel according to Reuters on June 19.
Tech analyst Jeff Kagan offers comment on this story.
“Congratulations to Softbank on winning Sprint. This was the craziest deal we have seen in a very long time in wireless. It looks like it’s a done deal. Dish is walking away. That means it looks like Sprint Nextel and Softbank will do their deal. My guess is it will happen in the next several weeks. However I won’t count this deal as done until it’s signed, sealed and delivered, but it’s very close to that right now,” says Principal analyst Jeff Kagan.
“This is not the end of the game. Rather it’s just the end of this inning. There are still many more innings left over many years in this game. Now we move onto the next steps and wonder what will happen after the deal is concluded. How will Softbank change Sprint? What are the chances the new Sprint could change the entire competitive wireless playing field? What will wireless look like a year or two from today? Is this a threat to AT&T Mobility and Verizon Wireless? We’ll just have to keep our eyes open going forward,” says analyst Jeff Kagan.
“What is next for Dish? Don’t expect them to quietly fade into the background. They have made their intentions clear. They want to be a player in the US wireless world. First, what will they do with the extra spectrum from Clearwire if they win it? In fact, will they continue to try to acquire Clearwire? That’s what they originally wanted to begin with,” says Kagan.
“Sprint owns 51 percent of Clearwire stock so that should say that Sprint will acquire Clearwire, but we cannot assume anything until it’s done. The future of Dish depends on what happens with Clearwire. If they win or lose, Dish will be no doubt be a player going forward. However let’s take this one step at a time and see what happens next,” says Kagan.
About Jeff Kagan
Jeff Kagan is a Technology Industry Analyst and consultant who is regularly quoted by the media over 25 years. He offers comment on wireless, telecom and tech news stories to reporters and journalists.
He is also known as a Tech Analyst, Wireless Analyst, Telecom Analyst and Principal Analyst depending on the focus of the story.
He follows wireless, telecom, Internet, cable television and IPTV. He also follows the wide consumer electronics and technology space.
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Kagan is an analyst, consultant, columnist and speaker.