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Sprint: The Luckiest Telco

Light Reading
LR Mobile News Analysis
Light Reading
6/26/2002

Just how glad must Sprint Corp. (NYSE: FON) be that its proposed $129 billion merger with WorldCom Inc. (Nasdaq: WCOM) was derailed back in July 2000 because of U.S. and European regulatory concerns.

Sure, the worldwide market implosion caused by WorldCom's revelation of nearly $4 billion in accounting errors late last night is hurting the whole sector badly (for the full story see WorldCom Goes Boom on our sister site, Light Reading). But, all the same, how lucky must Sprint be feeling right now?

— Dan Jones, Senior Editor, Unstrung
http://www.unstrung.com

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h
12/4/2012 | 10:11:10 PM
re: Sprint: The Luckiest Telco

Its a pathetic piece of writing by a journalist...more like kid stuff...nobody knows what would the world have been if such a merger had gone through...maybe worldcom would not have been in this mess, maybe the merger would have trimmed redundant forces in both companies and then maybe they would still have good profits and so on.....
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