Sprint Close to Buying Nextel

NateDawg writes "After the recent merger of AT&T and Cingular, it looks like Sprint is close to buying out Nextel. According to CNet, the different networks could bring expensive problems, but that could be overcome by the diversity of the company's clients. Nextel has many corporate clients, while Sprint appeals to families and teens."

Comments

capitalism

[Doc Ruby]

Sprint could get NexTel's customers by competing with them. That would mean reducing their profits by investing in more signal processing infrastructure, better billing programming, more training for sales and support staff. Attracting customers with better service. Instead, they're reinvesting the profits, gained from customers stuck in the same crappy service as every other American mobile telco, in buying the customers of another telco. This maneuver is pure capitalism, which does nothing for consumers. It shows that the competition that sometimes improves service is an undesired consequence of some capitalism, and that the purer forms leave consumers out of the equation, except as an exploitable resource.