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RedSpark

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Everything posted by RedSpark

  1. They are “keeping” it.... sort of. Sprint sold it and is leasing it back for 10 years. New T-Mobile will assume the lease.
  2. The Sprint Campus is a massive complex. You can read more about it and its history here: https://en.wikipedia.org/wiki/Sprint_World_Headquarters_Campus Here’s a photo tour from 2011: https://www.cnet.com/pictures/a-tour-of-sprints-kansas-headquarters-photos/
  3. When asked about the transaction Tuesday, Sprint officials declined to discuss the terms of the sale, calling them confidential. “Sprint is leasing back the space we need, and the Sprint headquarters will remain on the Overland Park campus,” Sprint spokeswoman Andrea Shores wrote in an email. “This sale enables us to use proceeds from the sale to reinvest in the buildings we plan to use in order to create a collaborative environment for Sprint partners — along with an innovative workspace to attract top talent.” Read more here: https://www.kansascity.com/news/business/article233028002.html
  4. Sprint and T-Mobile US campuses sell for more than $700 million total Sprint sold Overland Park campus for ‘modest’ price. Why that might not be a bad thing Sprint sold its Overland Park campus for $250.9 million — tens of millions of dollars below Johnson County’s appraised value of $342.5 million, according to research compiled by the investment research firm Moody’s. In exchange for what Moody’s characterized as a “modest” sale price, Sprint secured a 10-year lease of office space well below market rent. Wow. 🙁
  5. I find it strange. Sprint shareholders should hear management’s responses to the questions posed by the analysts during an Earnings Call.
  6. So basically the entirety of both networks is getting a coverage and capacity audit?
  7. I guess they don’t want to be in the position of having to answer questions they don’t want to answer during the call. Could result in some awkward silences. This move is coming straight from legal if you ask me.
  8. Sprint Corporation Schedules Fiscal 2019 First Quarter Results Announcement Set for August 2nd at 8am. Looks like it will only be an Earnings release with a message from management. There won’t actually be an Earnings Call. Strange.
  9. Perhaps I’ll set a small amount of money aside to give this a try.
  10. Thanks! That’s really helpful. So it seems that the action point is the $10 amount. Can people wait for it to go substantially above $10? How long do people have on options?
  11. I’m curious if the merger announcement will affect or delay Sprint’s 5G deployment plans.
  12. Wow! That’s incredible. Thanks for the explanation. I’ve never done options before. This sounded like a good opportunity to do it. I’m still a little unclear on what “strike price” means in this context though.
  13. Nice! Would you mind sharing more details on what you did? Just curious to learn more.
  14. What does this mean for Sprint’s network upgrades in progress or which haven’t launched yet? 5G in Washington DC for example. Will those be halted pending T-Mobile’s management decisions?
  15. By allowing this merger, Masa and Marcelo are effectively getting a bailout from the market for their poor strategy and management of Sprint. Even if there’s divestment to create a 4th Carrier, that Carrier will essentially be the new Sprint, and in similar competitive position.
  16. Good read... However, speed tests sell to some people who care about specs like 0-60 times in cars. For other people, it’s 0-60.... yes.
  17. U.S. Poised to Approve Merger of T-Mobile, Sprint https://www.wsj.com/articles/u-s-poised-to-approve-merger-of-t-mobile-sprint-11563967640 Deutsche Telekom sets meeting as T-Mobile, Sprint deal nears approval: report https://www.reuters.com/article/us-sprint-corp-m-a-t-mobileus-idUSKCN1UJ0KF
  18. How do you like it? Any 5G visible yet?
  19. Interesting article. Sprint’s off to a good start.
  20. Justice Department may sue to block Sprint, T-Mobile merger: CNBC
  21. Heard on WMAL this morning that Hans Riemer plans to reintroduce the cell tower bill (which was actually taken off the agenda last Fall) for Montgomery County, MD this Fall. Even so, Sprint appears to be making tower improvements in the County: https://montgomerycountymd.gov/cable/towers/home.html Click on “Actions”. 7/10/2019: https://montgomerycountymd.gov/cable/Resources/Files/Towers/notices/2019/2019_July 10 _TFCG action notice.pdf Based on the description in the document, are these Massive MIMO upgrades?
  22. It’s never made sense to me how and why sprint is so bad at engaging with customers on social media. There’s no reason for these executives to be so detached from the customer base, And frankly, a number of Sprint’s current issues arise from just that. That analyst is a terrible representative of Sprint on behalf of the company. What a shame, especially when the issue was brought to the attention of a senior level executive.
  23. A couple of interesting reports.
  24. Arlington to Allow Small Cell Facilities on County-owned Streetlight Poles This is a big deal for your part of town @Trip!
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