By Malathi Nayak NEW YORK (Reuters) - Sprint Corp could be stronger if merged with a cable company, the U.S wireless company's chief executive said on Thursday, adding that he was not engaged in any such merger talks. Sprint CEO Marcelo Claure made the comments to Reuters when asked about brisk acquisition activity in the cable and telecommunications sector and the recent entry of Europe's Altice NV , founded by French-Israeli billionaire Patrick Drahi, that has agreed to buy U.S. cable companies Cablevision Systems Corp and Suddenlink Communications. Combining Sprint with a cable company would make "us a stronger and more formidable competitor," Claure said in an interview.
Read more...
[New post] Sprint could be ‘formidable’ after merger with cable company, CEO says
Join This Site Show Conversion CodeHide Conversion Code Show EmoticonHide Emoticon
Note: only a member of this blog may post a comment.