Technology Get the latest on technology, electronics and software…

Vodafone's bid for AT&T Wireless...

Thread Tools
 
Old Feb 10, 2004 | 11:11 AM
  #1  
YuppieCL's Avatar
Thread Starter
Moderator Alumnus
 
Joined: Jan 2001
Posts: 4,493
Likes: 0
From: NY
Vodafone's bid for AT&T Wireless...

this is crazy. i just wanted to voice my point of view in an unbiased medium.... ya'll know why....

vodafone wants to buy at&t wireless. to finance the deal, they must sell off their 45% stake in verizon wireless (~$20Bil). verizon wireless may apparantly stiff vodafone with a low-ball price to prevent this from happening. vodafone then may threaten to buy out verizon communications (landline), who has a 55% stake in verizon wireless, for about $125-150Bil initiating a hostile takeover. that would mean FOREIGN vodafone owns verizon communications and verizon wireless. scary.

however, if verizon communications buys vodafones stake, it means that verizon comm has 100% control over verizon wireless, which is scary from my perspective since verizon comm is union-tangled, lay-off prone, etc.... OR expands CDMA immensely, which means more revenue...

OR... if cingular buys at&t wireless... they become the largest wireless provider with 100mil more customers than verizon wireless.... however, still running on shitty GSM networks....

i say just let DoCoMo buyout at&t wireless... that way they'd fall within 3 years... unless there's a portion of THAT equation that i'm missing....

not that i have a say in any of this or anything, but this is just a crazy predicament and market stimulation we're looking at here....

Reply
Old Feb 10, 2004 | 12:35 PM
  #2  
mikeymobiles's Avatar
Movin on up...
 
Joined: May 2003
Posts: 6,543
Likes: 1
From: Middle of Jersey
He loves this topic he has called me a dozen times to discuss this in the past 2 days!
Reply
Old Feb 10, 2004 | 05:00 PM
  #3  
Loseit's Avatar
Changin bulbs since '73
iTrader: (1)
 
Joined: Dec 2001
Posts: 8,111
Likes: 12
From: Chi-town burbs
Reply
Old Feb 10, 2004 | 05:15 PM
  #4  
kensteele's Avatar
Race Director
 
Joined: Sep 2000
Posts: 10,121
Likes: 0
From: Overland Park, Kansas
The honeymoon (for VZW) is....over.
Reply
Old Feb 10, 2004 | 05:31 PM
  #5  
dallison's Avatar
registered pw
20 Year Member
Liked
Loved
Community Favorite
 
Joined: Aug 2003
Posts: 38,859
Likes: 366
From: south central pa
Re: Vodafone's bid for AT&T Wireless...

Originally posted by YuppieCL
this is crazy.
OR... if cingular buys at&t wireless... they become the largest wireless provider with 100mil more customers than verizon wireless.... however, still running on shitty GSM networks....


um it would be 45 million to verizons i think 37 million customers

and your're right ... a sh*tty gsm network still exists
Reply
Old Feb 10, 2004 | 06:19 PM
  #6  
YuppieCL's Avatar
Thread Starter
Moderator Alumnus
 
Joined: Jan 2001
Posts: 4,493
Likes: 0
From: NY
Originally posted by kensteele
The honeymoon (for VZW) is....over.
this may very well be true
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
PortlandRL
Car Talk
2
Sep 14, 2015 12:01 PM
DiamondJoeQuimby
Car Parts for Sale
1
Sep 10, 2015 11:40 AM




All times are GMT -5. The time now is 12:59 PM.