Sprint CEO Marcelo Claure has basically just told Reuters that the company is open for business and willing to merge with a cable company under the right circumstance. Sprint is putting itself in the shop window as it is thought cable companies will now be looking to acquire a mobile wireless company.
The recent purchase of Cablevision means there are no viable mergers on the horizon in the telecommunications industry, which means companies in that sector will turn their attention to mobile carriers. T-Mobile is thought to be one prospect, but Claure is essentially saying that Sprint is too and that he could even see something happening in the coming months.
"It seems like everybody now wants to get into wireless which puts Sprint in a very good position. So I think the next few months or years are going to be very active in this industry. I think it’s going to be exciting times ahead in terms of consolidation but we don’t have any conversations with anybody."-Marcelo Claure, CEO, Sprint