rradina
join:2000-08-08
Chesterfield, MO | Sucks for KC They lose a corporate HQ. Granted, it's still there now but for how long and even if it remains, will it be the same corporate citizen as in the past?
When Belgium-based InBev acquired St. Louis-based Anheuser Busch, things changed. There's even talk of getting rid of the infamous Clidesdales. |
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| This isn't the quite the same. The HQ will still be in KC, they will still trade on US stock. They are creating a new holding company based in KC and New Sprint will be a subsidiary. So not an HQ loss for KC, at least not yet. If they also buy out Tmob, which is possible later, KC could lose HQ to Seattle, which is direct hop to Japan. |
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| Actually Sprint was NEVER in KC. They've always have been in Overland Park. The same metro but def not the same city. |
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| Was talking about KC metro as a whole as Sprint impacts the whole area. But BTW, Sprint was once based in KCMO. |
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rradina
join:2000-08-08
Chesterfield, MO | reply to xenophon
And AB's headquarters remains as the North American HQ or something like that. Think what you want but there's little difference. Both are just puppet locations subject to the whim of the owner. Whatever is said during the buyout is to squelch uncertainty and mitigate retention risk. The story will change tomorrow -- it always does.
During my 25+year work life, I've worked for a number of companies who either were not HQed locally, were HQed here but owned by a larger company HQed elsewhere or were bought out by someone elsewhere. Significant strategic decisions were always made where the buck stops and unfortunately, very soon that won't be KC. That's unfortunate loss that metro area.
@hottboiinnc: Overland Park vs. KC? What point are you trying to make? Whatever it is, it has zero relevance to the discussion at hand. |
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| reply to xenophon
said by xenophon: If they also buy out Tmob, which is possible later, KC could lose HQ to Seattle, which is direct hop to Japan.
I doubt they will buy TMO, Im pretty sure the opposite will happen there could be a rivalry fight between the two for position as third largest provider in the USA Now that TMO has Metro. As this may give the germans a reason to really invest in the US market, Its one thing to go up against a US based company on US soil but No way do they want to be out done by the Japs. However After the dust settles on both operators completed LTE network in the near future there in the details could lie your next roaming agreement partners (TMO/Sprint?), similar to tower and space sharing in the UK and Europe . Together they could build/maintain a coverage area large enough to rival ATT or Verizon. |
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| reply to hottboiinnc
said by hottboiinnc:Actually Sprint was NEVER in KC. They've always have been in Overland Park. The same metro but def not the same city.
Dude, you constantly don't know what your talking about. WiMax 2 markets..lol. |
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| reply to rradina
Agree that Sprint board decisions will be in control of Softbank but in terms of impact to KC, it's better off for KC to have a foreign investor with HQ in KC than if another US telcom/cable company bought Sprint. The latter would kill the telcom industry in KC. There are well over a hundred companies in KC that work with Sprint that would go way or reduce if Sprint leaves. Is less likely to happen with a foreign owner.
I'm not clear on how AB is structured but in this case they'll be creating a new US-based holding company, which makes Softbank an investor, not like the wholly owned subsidiary that AB is. AB was about cutting costs between the two companies. Sprint/Softbank is about expanding the respective networks and leverage procurment, likely to lead to more jobs than cuts. Sprint is already operating incredibly tight.
They are two different industries with very different purposes in 'mergers'. |
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