Raymond James analyst Ric Prentiss predicts that both Sprint and T-Mobile USA will engage in a rather furious wave of acquisitions in 2013 and 2014 to bulk up.
“We do think M&A in the U.S. wireless space will occur over the next 12 to 18 months," says Pentiss.
“We think the September 19 announcement of the new T- Mobile USA CEO hired externally and the $2.4 billion tower sale to Crown Castle on September 28 are strong indicators that T-Mobile USA, and its owner Deutsche Telekom, are not interested anytime soon in network sharing or merging with Sprint," Prentiss says.
"We believe T-Mobile is more likely a competing bidder against Sprint for smaller M&A deals that bring spectrum, cash flow, synergies, and the potential for public currency,” he says.
Tuesday, October 2, 2012
Mobile Consolidation is Coming in U.S. Market in 2013, 2014
Gary Kim was cited as a global "Power Mobile Influencer" by Forbes, ranked second in the world for coverage of the mobile business, and as a "top 10" telecom analyst. He is a member of Mensa, the international organization for people with IQs in the top two percent.
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