|So they're going to make $3B, before a variety of charges, including capex I presume? Are they saying there won't be any outlays for taxes or maintaining/expanding their networks?|
Can you say in denial?
The debt markets are closed to Sprint, imho. We'll see if they can generate any free cash flow. Any kind of interest rate spike or credit agency downgrade and they are history. They need to develop a profitable business model to salvage their company, if it's not already too late... Needless to say (but since denial on this thread is heavy, I'll say it anyway), Sprint's suppliers are in big trouble. Any kind of vendor financing will be a death knell for the supplier as well...
All IMHO. Rob