Is Sprint a Buy?
Sprint' s (NYSE: S) merger with fellow wireless telecom T-Mobile US (NASDAQ: TMUS), a year and a half in the making, is still up in the air. Buying Sprint shares today is a firm bet that the deal will be approved and consummated in its current form. Anything short of that would be downright bad news for Sprint shareholders.
Let's be clear: Sprint is probably dead meat if the T-Mobile merger falls apart.
This is clearly the weakest of the four major American wireless networks, more likely to lose subscribers than gain them in any given quarter. Dissatisfied with Sprint's particular combination of service quality and plan prices, subscribers leave Sprint more often than they do from any of the other majors, forcing the company to rely on expensive promotions to keep their subscriber counts reasonably stable.
Source Fool.com
