VGStockz: General Questions

[Ail]

sethnintendo said:

Ail said:

sheesh Sprint ended the session popping up 13%..........

To think yesterday I was pondering either selling my position or doubling it and I ended up doing nothing because I just don't know enough about Sprint to make an educated decision..

 

My biggest beef with wireless providers is that fundamentally there is something flawed in their business model in the way they subvention fully Iphone sales and only recoup that money much later. With the way customers are raging about Iphones they should let those same customers bear some of the phone costs. If things were set up this way there actually would be pressure on Apple to lower Iphone prices but right now Apple gets a free ride as most customers are barely aware of the real cost of the phone they are using.........

You probably shouldn't hold onto Sprint for too long.  I don't see anything in turning their business around.  I had Sprint from about 2003 - 2012.  The entire time I was under them I think I switched plans once or twice.  They have terrible plan options and eventually when I wanted to go to a smartphone they were obviously not the best choice.  I'm sorry but I see nothing special in their network that grants a 30+ more a month for unlimited everything. 

Yeah but right now they have very valuable spectrum and with the current spectrum issue in the US that is very valuable asset...

The whole company is valued at 7.5 billion$ and that is very cheap considering their spectrum holdings are valued at over 20 billions that the company has around 18 billions of debt and holds 4 billion in cash. ( so basically books value is around 6 billion $).

With t-Mobile going down the drain due to their lack of Iphone support Sprint could remain the only cheap wireless provider...