Thread regarding Sprint layoffs

Sprint used to be good

There was a time when the pin drop meant something, when trenchcoat guy was the respected authority on which mobile provider to go with.

Yes, Sprint used to be good but Nextel was great. Nextel was trialing Flarion in Raleigh in 2004, years before LTE was the 4G standard. Desperately though, the worst CEO in wireless ever, Mr. Forsee, piledrove Sprint Nextel into hell. Hesse had the unwinnable job to clean up after Forsee, and now Marcelo is having to make the tough choices. It's just sad that where we are today is not where either company was back in 2000-2002.

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| 1151 views | | 4 replies (last January 7, 2016) | Reply
Post ID: @OP+EhKnUCa

4 replies (most recent on top)

Who ever thinks Nextel was good obviously knows nothing about the situation or the way the deal was made. It's true, the deal was bad from the get-go, but once Sprint got into it and did the analysis and realized how sucky the network was and what a drain the transferred employees were, they should have dumped everything. Go back and read the analyst reports. Anyone that knew anything about the industry and about Nextel predicted the outcome. I believe (with some degree of certainty) there's a class at Harvard Business School that uses the failed Nextel merger as a study case in class. And let's be clear about something Forsee and Hesse made a combined half billion on their special stock options. Go look at the archives for the INSIDER TRANSACTIONS on Yahoo Stock Page for 'S', and while you are there, take a look at the 10million shares of stock Marcelo got in August for a price of $0 per share. What's the profit there?

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Post ID: @13wsl+EhKnUCa

Nextel is what brought Sprint down - worst merger EVER

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Post ID: @cfQ+EhKnUCa

Forsee's messed us up

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Post ID: @VJf+EhKnUCa

Amen brother

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Post ID: @bVT+EhKnUCa

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