Friday, March 25, 2011

Silver Lining for Sprint (S) in AT&T (T) Deal?

After digesting the consequences of the AT&T (NYSE:T) bid for T-Mobile for Sprint (NYSE:S), some analysts are seeing some positives in the situation which could help the company grow in that scenario.

One is the strong possibility prices will rise because of less competition, which Sprint could probably successfully offer a lower but profitable alternative.

Second, there are a number of consumers who don't want to do business with AT&T, especially with its network and that could mean if the deal goes through, a number of T-Mobile users could migrate to Sprint.

Sprint was trading at $4.69, up $0.13, or 2.74 percent, as of 12:11 PM EDT.

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