Despite still having the third largest cellular service in the US, Sprint continues to lose market share causing its stock prices to decline.
If Sprint was to get purchased by Birtish Telecom it would join T-Mobile and Verizon as American carriers that have significant foreign ownership. T-Mobile is an extension of Deutsche Telekom of Germany while Verizon is partly owned by Vodafone of the UK.
Source:
Electronista
Written by: Andre Yoskowitz @ 23 Sep 2007 19:31