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Breakingviews: The fight for Sprint

Thursday, May 09, 2013 - 03:02

May 9 - Antony Currie and Robert Cyran discuss what Dish Network’s disappointing quarterly results and SoftBank’s increase in expected cost savings mean for the battle to buy the telecom company.

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We have a couple of neat twists seawall seems to be the ever longer running saga he's gonna win the bid full sprints. -- the last couple days he had news but the Softbank which made the original bid back in. Outside every then also it's DISH Network which don't run it has some pretty disappointing earnings in the last night say it. Where does this leave us that sort of medical these kids out that different structures -- difference between them it's appropriate to take. In the view that the that this Softbank offers better offer could sprint has gotten in trouble basically and it's the problem is you don't want to put more debt when Telecom company -- too -- and that they entrapment. Come into it solved thanks as they're gonna add a billion bucks for the company -- do they want dish on the other hand wants to. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- So was so with sprint and the control to what exactly. In the future people pulling -- -- -- Pete the older TV over the Internet differently and so it. If they wanna keep on doing that her business they needed distribution platforms and spring is that is that processing additions denies saying that. We'll give you 25 billion for the -- you're a shareholder. It is -- get and so and so from twenty billion under the attorney company. But the problem is that traditional offers both in stock and actually getting getting getting cash the -- you're getting chunk of this company front of this. Pace satellite TV company wish to never bright future so why don't you want that to. And the other hand if you take this Softbank offering get you only ethics and the company but he got a whole -- -- and I'm looking at that Softbank is suffering less minute and -- structure but also I just sent a company's -- we can we found make an extra 50% -- policy. Yet -- you take these things with a grain of salt because of some company says it. We particular note when you hold on three million basically saying this has throughout this woman that that the bits and you'll -- W is gonna kick from best each other and yet suddenly they they discover more. Report things. Did -- the problem of course is that what they're trying to do is is DISH Network came out and they said. We can table eleven billion and and most of this was actually just a bunch of nonsense that we can sell a lot more. Because you know we -- some -- the and so. Three times as much because you -- I think that's -- revenues and you know you not say exactly it's just shouldn't you shouldn't say trust exactly and so and cost synergies. Something. In the that it funnels within that percentage is not seem that if they really needed to -- it was as actually -- -- to pump up that offer. You'd think so and then the market signaling that except -- thanks rob. 67 months and to some shall evil but for now not sit down on on the sprint deal and we've got tomorrow with more britney's.

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Breakingviews: The fight for Sprint

Thursday, May 09, 2013 - 03:02

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