Sprint can’t compete with companies, so they just buy them
By Stefan Constantinescu on Thursday, June 14th, 2007 at 12:22 AM PST In Ring Nokia
According to some weird clause in the Sprint (NYSE: S)-Nextel merger contract, the company is not allowed to compete with smaller operators. Northern PCS Services just got purchased for $312.5 million dollars and the aquistion should be complete by the end of the third quarter.
The bigger question here is who in their right mind would use Sprint?
[Via: Engadget Mobile]
