In Masayoshi's latest move, he is pulling a Captain Howdy of his own to become a major shareholder in his own right. For this I will applaud the man, he was always smart about his investments while keeping his loyal present and future customers a part of his plans.
Charlie not so much.
There are absolutely no synergies to be had in an overextended and poorly financed Dish/Sprint deal; whether we are talking spectrum, debt loads, or wanting to hijack Sprint's already taxed airwaves for some pie-in-the-sky video on demand service.
We as the customers don't want that. We don't want an over-leveraged company that has no plans for moving the company forward or remotely making good on the present overhaul that is slowly benefiting us all and will carry Sprint into a prosperous future, to become a major competitor, the likes of which VZ and AT&T have never seen.
From an investment standpoint nobody with half a brain wants an over-leveraged firm swimming in, nay choking on obscene amounts of debt and resultant debt service while stagnating any future growth potential on the ARPU end, on profit, on margins or any other financial metric you want to throw at it. If you thought Sprint was hungry/thirsty before, you haven't seen anything yet!
This will force hardcore customers to leave as well as those tenacious few who are holding on because they see the bright future Sprint has been headed toward. If it's Charlie's game you can almost guarantee several things from both a customer and investor standpoint:
1. a major lack of faith in the brand itself
2, the massive fallout that will occur when large quantities of fed up customers leave because of a lack of investment/advancement/progress in network architecture, quality and reach save for some bullshit bundled add-on for a service that most mainstreamers do not want.
3. The added and much expected (read: higher, more costly, and "premium") price of service increases will push churn through the roof.
Everyone loses in that eventuality especially any greedy investors who will not be able to offload their stock fast enough before an inevitable mass market crash.
And for those who really don't understand Ergen's psychology or even business practice history, let me make this abundantly clear; No matter what rose-colored glasses Charlie has put on your faces at any point in time, a "real" and "acceptable" and "fully-funded" and "rational" and "substantial" deal with tangible benefits for both customers and investors was never in the cards.
He made his play early on and on multiple occasions (years ago) and his megalomaniac need to control all things eventually forced Sprint to shun any partnership deals shortly after jump. If anyone ever had any hope for a successful joint venture or partnership between some ass-backward triumvirate of telecom-orgy-love between Hesse/Son/Ergen at any point in the past or the future without taking into account the vanity, hunger and desire or need for absolute control on the Ergen side of ANY equation, I feel truly sorry for you.
///END RANT