Comments on: Sprint pawning off cell towers for $670 mil http://www.blackberrycool.com/2008/07/25/sprint-pawning-off-cell-towers-for-670-mil/ The voice of the BlackBerry community. Mon, 23 Nov 2009 03:37:41 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Sprint sells 3,000 towers to TowerCo | BlackBerry Cool http://www.blackberrycool.com/2008/07/25/sprint-pawning-off-cell-towers-for-670-mil/comment-page-1/#comment-317312 Sprint sells 3,000 towers to TowerCo | BlackBerry Cool Thu, 25 Sep 2008 14:11:31 +0000 http://www.blackberrycool.com/?p=7901#comment-317312 [...] Sprint’s future today. Cellular-News is reporting that Sprint Nextel has completed the previously announced sale of approximately 3,080 towers to TowerCo for an estimated US$670 million in cash. The two companies [...] [...] Sprint’s future today. Cellular-News is reporting that Sprint Nextel has completed the previously announced sale of approximately 3,080 towers to TowerCo for an estimated US$670 million in cash. The two companies [...]

]]> By: Chris L http://www.blackberrycool.com/2008/07/25/sprint-pawning-off-cell-towers-for-670-mil/comment-page-1/#comment-308621 Chris L Thu, 31 Jul 2008 02:07:52 +0000 http://www.blackberrycool.com/?p=7901#comment-308621 Ehhhh....we don't know the particulars of the agreement, but I'd venture its not a good sign.... If they are desperate for the capital, its like reverse mortgaging your house. Not a good idea unless you're almost dead. If they aren't desperate for the capital, then obviously this TowerCo can do it cheaper than they can. To me, that says they aren't geared for efficiency, good organization, or any other good characteristics. Its not like outsourcing the IT or HR needs of a small company, we're talking the bread and butter function. If 3M can outsource production of their sticky pads, it would raise serious questions about 3M's viability. Of course, on the optimistic side, it could mean they are rolling out LTE or WiMax or something and have it ready to go, and just don't want to deal with their legacy network themselves anymore. Right? Please? Ehhhh….we don’t know the particulars of the agreement, but I’d venture its not a good sign….

If they are desperate for the capital, its like reverse mortgaging your house. Not a good idea unless you’re almost dead.

If they aren’t desperate for the capital, then obviously this TowerCo can do it cheaper than they can. To me, that says they aren’t geared for efficiency, good organization, or any other good characteristics. Its not like outsourcing the IT or HR needs of a small company, we’re talking the bread and butter function. If 3M can outsource production of their sticky pads, it would raise serious questions about 3M’s viability.

Of course, on the optimistic side, it could mean they are rolling out LTE or WiMax or something and have it ready to go, and just don’t want to deal with their legacy network themselves anymore. Right? Please?

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