Verizon CEO Mead: We’re Not Interested in Buying Sprint
Over the last 48 hours we’ve seen and heard a lot of talk about the proposed AT&T acquisition of T-Mobile, which has given cause to worry about what may happen with Sprint, another national US carrier that has had a recent history of struggling not only financially but with the number of subscribers as well. This morning at the CTIA 2011 keynote address, Verizon CEO Dan Mead made sure his company’s intentions were perfectly clear:
“We’re not interested in buying Sprint. We don’t need them.”
While things could easily change at any time, it’s easy to find Mead’s words believable. Verizon has always maintained an attitude of the highest confidence in both its network and its standing against its competitors. If Verizon is sweating the possibility of AT&T and T-Mobile becoming one entity and quickly becoming the largest carrier in the US, we can’t easily tell.