Death of Sprint/T-Mobile Could Help Wireless Industry, MoffettNathanson Says
The assumption that pricing in a four-player wireless market will be lower than in a three-player one is likely incorrect, at least in the short term, MoffettNathanson analyst Craig Moffett wrote investors Monday. Without distraction of possible mergers, companies could…
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focus more on profitability than on customer counts, he said. Moffett said Sprint clearly was hurt by dissolution of Sprint/T-Mobile talks, but the other three principal carriers could benefit if that company adopts a less promotional pricing posture as it tries to tackle debt service and network reinvestment. He said a four-player market is also good for Comcast and Charter Communications since it "creates a more hospitable dynamic" for their Verizon mobile virtual network operations.