Oh, how the rumors are flying these days. Reuters is reporting that British Telecom is in the market to acquire a certain American cell company. Sprint, which currently clocks in as the country’s 3rd largest cellular provider, has neither confirmed nor denied the rumors, but the company’s stock has soared amidst the whispers. It’s no secret that Sprint has been struggling as of late. As such, it’s an appealing bargain in the acquisitions world, though its hard to say how much value can be squeezed out of an ailing company on an ailing network. Sprint certainly needs to do something if it hopes to compete much longer, but we’re not so sure that selling out to a foreign master is the smartest route.
British Telecom looking to purchase Sprint?
Updated Dec 19th, 2018 5:53PM EST
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Josh Karp followed his love of technology since a kid through to the present day. As a Special Correspondent at BGR, and part of the first editorial team, Josh covers press conferences, trade shows and other events around the world. An expert in all things mobile, Josh has more than eighteen years of experience covering the wireless industry.
