Verizon Wireless: Merge with Sprint not needed to compete with AT&T/T-Mobile

By Posted 22 Mar 2011, 17:04

After the news emerged yesterday of a takeover from AT&T who are to buyout T-Mobile to make them the largest carrier in the US, many people were wondering what Sprint were going to do about it suggesting a possible mergence with Verizon, the current largest carrier.

It seems however that this is no longer an option as Verizon Wireless CEO Daniel Mead has come out and made a statement implying that the company would not be merging with Sprint or any other company.

The news came from an interview with Reuters ahead of the CTIA event. In that interview Mead said ‘we’re not interested in Sprint.’ Saying they did not need them to compete with the ‘inevitable’ emergence of AT&T with T-Mobile.

The company is thought to be focusing all their resources on staying on top not by being the largest but by being the most profitable carrier in the US. You can read the full article at Reuters which includes more from the interview, by clicking the link above.

What do you think of this news? Do you agree that Verizon do not need Sprint to compete? Let us know in the comments below.

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