Jump to content

ChadBroChillz

S4GRU Member
 View Profile  See their activity

  • Posts

    510

  • Joined

  • Last visited

 Content Type 

Everything posted by ChadBroChillz

  1. ChadBroChillz
    Well, I guess we will see who is telling the truth. I am on the biased side, but I believe Sprint more than Dish, especially with Dish's predatory history. Also their comment against Comcast is BS. Comcast has those rights, because it is in the EHA, which was the point Sprint was mentioning. You need to amend the EHA to include Dish for them to have those rights. Dish would need 66 2/3 vote to amend the EHA.
  2. ChadBroChillz
    That what I was thinking the plan is. Dish is already over leveraged in the Sprint deal. Any raise in price would make their offer even less enticing compared to a raised softbank deal. Clearwire is still cheap by comparison. Dish could put down a price of 10 dollars a share to block Sprint. Depleting the funds that softbank has infused into sprint. A raised offer from Softbank could put even more capital into sprint, while the same would not be true in Clearwire regards.
  3. ChadBroChillz
    I still cannot support the Tmobile/Sprint merger, I would hate to see another nationwide network being torn down. I kinda wish Sprint was forced to sell the lease rights to the towers, so we could possibly seen some new competition. I do believe their is enough spectrum between all the carriers to have 5 national competitors. Also once a network does down, it will never come back and the cost for new towers seems to great for new entries into the wireless game. I guess I am really just afraid of us turning into Canada South.
  4. ChadBroChillz
    I do not believe that assumption will hold. If Sprint's bid is rejected, I believe the financing turns into shares for sprint, which would give it 68% of the vote. That would mean 32% of the vote is not controlled by Sprint. Crest is going to oppose every deal to push the price further. Taran Asset Management has already said they are looking at 5-7 dollars per share. I also believe Mount Kellett Group will come out agains Dish's offer, which means Dish could never get the minimum 25% they need.
  5. ChadBroChillz
    I think this is one of those cases where bigger is not better. Those cell sites are not coming cheap. Sprint covers the same distance with a quarter less cell sites. ATT/Verizon have around 50k as well, but of course cover massively more than Tmobile. They are going to need to trim some of that fat, if they want to compete.
  6. ChadBroChillz
    I think it is worth noting that the other two investors are Bright House and Comcast. They would have as much, if not more to lose by Dish winning. Dish getting the ability to bundle services would be a major blow to them. They would rather lose the 1 dollar than have a blow to their main business. The only way I see them flopping is if Dish offered something astronomical like 100 per share. Intel could wimp out, but I think intel is pushing this deal, because they want to break into the smartphone game. Softbank/Sprint would likely "owe them a favor" for their support. If intel could get support from SB/S, which would be the third largest smartphone purchaser, they could see a jump in manufactures willing to partner with them.
  7. ChadBroChillz
    I am sure their is a possibility, however, I believe it is very small. That possibility would be contingent on Clearwire's offer coming to fruition, which is not likely to happen, because their governance requirements would require Sprint approval, and they probably will not be able to get the 25.1% minimum they need, since Crest and others have already spoken against it. Crest is going to be a thorn in everyone's side. Softbank is looking long term. They could likely double their current offer for Clearwire and still come out ahead soon. Lets not forget that Softbank/Sprint could cover the losses with their ability to procure better deals for phones and equipment; or by subscriber growth. Also, I believe that the 2.6Ghz spectrum will play a major part in LTE roaming. A lot of carriers are using that spectrum across the globe.
  8. ChadBroChillz
    That could possibly be his end game, but like Robert said, Dish cannot let a win/win deal happen, because it would mean they left too much on the table. Ergen must feel like the only winner. Charlie's current plans are to just become a minority shareholder that is a nuisance to Sprint until they get their deal. They have become so desperate as to have given up the spectrum purchase. Sprint/Softbank likely wants to get this deal done as soon as possible, so they can to a 100% makeover with Clearwire's spectrum. Softbank likely wants to build out one of the fastest( if not the fastest) network to go along with their aggressive pricing and unlimited data, then commence an all out marketing blitz.
  9. ChadBroChillz
    Dish has basically two offers on the table. If Dish get the governance rights which include change of control approval, then they will settle for a minimum of 12.5%, however, I believe that would require a majority vote; and Sprint is never going to approve that. The other is that Dish requires at least 25.1%, which would prevent Sprint from getting the 75% they currently need. The problem with this is that Ergen is following the thought that " the enemy of my enemy is my friend", however investment firms have no friends. If Sprint's offer fails, they will have 68% of the company, which only leaves 32% for Dish to find their 25.1%. Crest has already opposed the deal. They have even go so far as to match Dish's financing to block them. Mount Kellett and Co will likely follow and Taran Asset Management has come out saying they want 5-7 dollars per share.
  10. ChadBroChillz
    They are just disrupting Sprint/Softbank's plans for Clearwire, who has a few shareholders who refuse to sell to Sprint, however they have not stolen Sprint. We will see what Sprint/Softbank decide to do, however, Do not expect Softbank to run, because of Ergen's trolling. In both cases, once the FCC approvals the deal, Softbank will have the edge of not needing regulatory approval or Sprint approval and being able to close in weeks, instead of months.
  11. ChadBroChillz
    Clearwire has not been a condition since the merger was announced, however it is still clearly a big part of their plans. Clearwire's 20Mhz TD-LTE network would allow them to compete with the title of fastest network. While most of us could not care less about fastest network, it would go a long way in changing Sprint's image of being the slow network. I also believe they want NV 2.0 to include 2.5Ghz out of the gate instead of waiting until Dec, however, I do not believe Softbank will postpone the closing of their deal just to include Clearwire.
  12. ChadBroChillz
    I still think Sprint has the upper hand because they got their deal done first. If the FCC approves Sprint-Clearwire, then Sprint has a strong argument even at a lower price. They could close any potential deal within weeks of the vote, while Dish would need regulatory approval.
  13. ChadBroChillz
    Looks like Robert can now add the ability to foresee the future to his resume. Reuters is reporting that Clearwire has postponed the deal. The article also claims that Dish would still need Sprint approval. http://www.reuters.com/article/2013/05/30/us-clearwire-dish-sprint-idUSBRE94T0G420130530
  14. ChadBroChillz
    Looks like the vote has been postponed http://www.reuters.com/article/2013/05/30/us-clearwire-dish-sprint-idUSBRE94T0G420130530
  15. ChadBroChillz
    Sadly, I do not believe he will be able to use his Softbank iPhone. Softbank uses the iPhone model GSM A129, while sprint uses the CDMA A129. Even if Sprint were to allow the device, it would not have access to their Voice and 3G data network without that CDMA support. Your best bet would probably take it to an apple store and get it unlocked, then selling it.
  16. ChadBroChillz
    I do not believe that to be true. Sprint was shopping itself around. I remember reading that KDDI was possibly offer the company prior to Softbank, however, they passed on the deal. Sprint had talked to 4 other companies, and I believe Dish was one of them. http://japandailypress.com/softbank-rival-kddi-passed-on-offer-to-buy-sprint-first-1716440 http://articles.chicagotribune.com/2013-02-04/business/sns-rt-us-sprint-proxybre91402j-20130204_1_japan-s-softbank-corp-sprint-executive-sprint-nextel-corp
  17. ChadBroChillz
    It is an agreement that prevented Sprint from changing clearwire bylaws for 5 years. The 5 years ends at the end of November this year. It would allow Sprint to change the bylaws with a 66 2/3 % vote, which I believe Masayoshi Son said sprint has control of 68% of the vote. Sprint could reduce the 75% requirement.
  18. ChadBroChillz
    I do not think the current Sprint deal will be enough. I wonder if they do not just wait until the Standstill Agreement ends. Dish is definitely desperate, which is probably why they are willing to continue this bidding war. It is probably smarter for Sprint to wait it out instead of engaging.
  19. ChadBroChillz
    They reached Dish's level when they tried to get Comcast, Bright House, and Intel's voting rights rejected. http://transition.fcc.gov/transaction/softbank-sprint.html They have filed almost as many documents as Dish has. The FCC and DOJ have been pushing for more competition to prevent the further rise of the duopoly. A strong Sprint is probably their best option, at least until Tmobile can get and deploy some lower band spectrum.
  20. ChadBroChillz
    The reverse merger is definitely one, but also the fact that the original Metro deal only had a 6 month wait period before they were able to sell their stock. They extended to 18 months to get the deal done, however, it has been reported that they could still weasel out of that term at any time. That makes me hesitate that they are all in. DT was in talks with dish prior to the sprint offer.
  21. ChadBroChillz
    According to this bloomberg article, CFIUS is close to clearing Softbank of all national security concerns. http://www.bloomberg.com/news/2013-05-28/softbank-said-close-to-national-security-approval-for-sprint.html I wonder if the the small subsidiary company would be all of SprintLink?
  22. ChadBroChillz
    Crest has hit a new low. Their new strategy is to attempt to get Comast, Intel, and Bright not included in the minority vote that sprint needs to complete the transaction. http://www.reuters.com/article/2013/05/28/us-clearwire-sprint-crest-idUSBRE94R0I720130528
  23. ChadBroChillz
    I was referring to the CFIUS. According to a SoftBank SEC filing, it was estimated to be announced today. I am sure the FCC is waiting on the CFIUS before releasing its verdict. I also have very little doubt that the FCC will vote in favor of the deal as long as the CFIUS supports it.
  24. ChadBroChillz
    Tomorrow is the supposed day, so we will likely find out then. I do not think anyone is proposing that the government would control Sprint. They are only proposing that they would prefer to put in stipulations than outright ban the deal. I still do not believe Softbank is the main target in all of this security concerns. If their main goal is to prevent ZTE or Huawei equipment, then promoting the Softbank deal while putting in terms to not use ZTE/Huawei equipment would be the best option, since they could not put those terms in on a Dish-Sprint deal.
  25. ChadBroChillz
    I believe Ergen realizes that if Softbank gets approval, then they are done for. Softbank could close a deal within weeks of the vote, while it would take dish close to a year. I am sure most investors would take the cash now, instead of waiting a year for a few pennies more.
×
×
  • Create New...