Why Sprint Is Getting Left High and Dry in the Mergers

24/7 Wall St.

Sprint_shopThe world of mergers in wireless and media delivery is coming to a critical junction. True convergence is finally here, and there are winners and losers. AT&T-DirecTV and now Dish and T-Mobile are just a part of this. The question here is what all of this means for Sprint Corp. (NYSE: S).

24/7 Wall St. has often considered what entity would want to own Sprint. The regulatory climate today got in the way of a Sprint and T-Mobile US Inc. (NYSE: TMUS) merger, supposedly because regulators like four major carriers, even if one of those carriers just cannot operate at levels at which it can make a profit.

So, again, where does this leave Sprint? If AT&T Inc. (NYSE: T) is going to have a media delivery empire via DirecTV (NASDAQ: DTV) to merge in with the U-verse outfit, and if Dish Network Corp. (NASDAQ: DISH) is acquiring or merging…

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