It's amazing what a little cash can do for a company. Softbank's investment into Sprint has enabled Sprint to take a majority ownership in Clearwire. "Clearwire’s spectrum is crucial to planned high-speed upgrades to Sprint’s network." Certainly the plan is to build the widest, most efficient next generation broadband communication system to rival its competitors, AT&T and Verizon. As we become a nation requiring more access to wireless at the fastest speeds possible, a leap like this could propel Sprint well forward and continue to force its competitors to hasten its capital expenditures to manage an increasing demand.
With Softbank, a Japanese owned investment group with businesses in mobile and fixed communication, Sprint becomes an international player as well. The world becomes a smaller and smaller place as companies entrench themselves, not only in the US, but across the globe. We do indeed live in interesting times.
No comments:
Post a Comment