Actionable news
0
All posts from Actionable news
Actionable news in CMCSA: Comcast Corporation,

Don't Expect Comcast and Charter to Take Sprint Off Softbank's Hands

Comcast (CMCSA) and Charter Communications (CHTR) have the resources to buy Sprint (S) , as recent reports have placed the companies in talks to reseller the carrier's services, possibly in exchange for equity stakes or even an acquisition. However, Comcast and Charter have no real need to take on a debt-laden, fourth-placed wireless carrier. Moody's Investors Service analyst Neil Begley suggests that the cable companies will pass on an acquisition, but could reach a different type of deal with Sprint.

Even with the backing of Softbank (


More