Wednesday, March 23, 2011

Sprint's Dan Hesse Thinks AT&T and Verizon Control Too Much of the Market [Verbatim]

Here's what Dan Hesse had to say about the pending AT&T-Mobile merger and the looming state of mobile communications when he sat down with CNBC's Jim Cramer: "Well, I think what it, in essence, a lot—what a lot of people have said is, if you basically—if you approve this deal, AT&T-T-Mobile, in essence you're approving the possibility of Sprint and Verizon. It'd be pretty hard not to do that one. And then that number of 79 percent [of mobile market share] becomes 94 percent in the hands of two." [CNBC] More »


Source: http://feeds.gawker.com/~r/gizmodo/full/~3/wjj-CRkgD6k/sprints-dan-hesse-thinks-att-and-verizon-control-too-much-of-the-market

Padma Lakshmi Paige Butcher

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