Sprint outsourcing its network

[crazaytalent]

Word about town is sprint is outsourcing its network...

"Word on the street is that Sprint is currently in heated discussions with Ericsson -- the world's largest network infrastructure company -- to take over management and maintenance of its vast back end along with somewhere between 5,000 to 7,000 of the carrier's employees in an effort to lower costs by about 20 percent as its subscriber counts and tends both stay soft. Interestingly, Sprint already sold some of its towers to TowerCo last year for over half a billion dollars, so it's not clear exactly how Ericsson fits into the puzzle yet -- but at any rate, Sprint would apparently be paying something on the order of $2 billion over the next several years for Ericsson to do its thing. In light of this, it's kind of ironic that Sprint doesn't sell a single Sony Ericsson handset, isn't it?"

more info here:

http://www.reuters.com/article/ousiv/idUSTRE54308F20090504

or here:

http://sprintconnection.kansascity.com/?q=node/993

or hell even here:

http://news.yahoo.com/s/nm/20090504/bs_nm/us_sprint

basically everywhere... do a goole search and youll hit a thousand and 1 articles on it.... Any thoughts?

I just hope it dont screw up my service or make rates any higher!

[D/\SH]

Originally Posted by crazaytalent

Word about town is sprint is outsourcing its network...

"Word on the street is that Sprint is currently in heated discussions with Ericsson -- the world's largest network infrastructure company -- to take over management and maintenance of its vast back end along with somewhere between 5,000 to 7,000 of the carrier's employees in an effort to lower costs by about 20 percent as its subscriber counts and tends both stay soft. Interestingly, Sprint already sold some of its towers to TowerCo last year for over half a billion dollars, so it's not clear exactly how Ericsson fits into the puzzle yet -- but at any rate, Sprint would apparently be paying something on the order of $2 billion over the next several years for Ericsson to do its thing. In light of this, it's kind of ironic that Sprint doesn't sell a single Sony Ericsson handset, isn't it?"

more info here:

http://www.reuters.com/article/ousiv/idUSTRE54308F20090504

or here:

http://sprintconnection.kansascity.com/?q=node/993

or hell even here:

http://news.yahoo.com/s/nm/20090504/bs_nm/us_sprint

basically everywhere... do a goole search and youll hit a thousand and 1 articles on it.... Any thoughts?

I just hope it dont screw up my service or make rates any higher!

wow! who really knows what sprint is doing now a days..... all i can hope for is that they dont go under....... ot this could be good and might be a great time to buy some stocks in sprint..... i own some shares myself and have done pretty damn well with them