Detailed market commentary at The Market Ticker
(The Year 2012 In Review)
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|User Info||And Now, For One Who's Doing It Right (Sprint); entered at 2012-05-02 15:43:40|
"Ragged: They have a massively-built-out WiMax network NOW, and will run it to extinction over the next three to five years. They also have stock of the phones and the investment in them. This will move the 4g traffic to LTE on their postpaid side, give them 4g on the prepaid, and everything still falls back to CDMA when not in a 4g service area.|
It's a SMART MOVE on their part."
Yep--it's a win all around. It's basically a sunk cost and people who are on their prepaid can upgrade their phone with way faster speeds than they currently have which opens up broadband on their current network for post-paid customers.
100% agree with you about RIMM as someone who has a small long position with them.