http://www.nyquistcapital.com/2006/03/17/why-softbank-bought-vodaphone/ More Signal. Less Noise. Thu, 02 Apr 2009 12:29:57 -0700 http://wordpress.org/?v=2.9.1 hourly 1 http://www.nyquistcapital.com/2006/03/17/why-softbank-bought-vodaphone/#comment-244 Someone Tell the Cablecos Fixed Line is Dead at Nyquist Capital Mon, 06 Nov 2006 15:21:17 +0000 http://www.nyquistcapital.com/2006/03/17/why-softbank-bought-vodaphone/#comment-244 [...] Something I predicted months back looks even more likely today than it did then (see “Why Softbank bought Vodaphone“). It is a virtual certainty in my opinion that Comcast, and perhaps a consortium of local cable operators, will purchase either T-Mobile or Sprint (S ). The recent appreciation of the cable equities and destruction of shareholder value at Sprint would allow the cable companies to complete such a transaction and not dilute EBITDA, the sacred metric by which the Wall St. Priesthood holds them accountable. [...] [...] Something I predicted months back looks even more likely today than it did then (see “Why Softbank bought Vodaphone“). It is a virtual certainty in my opinion that Comcast, and perhaps a consortium of local cable operators, will purchase either T-Mobile or Sprint (S ). The recent appreciation of the cable equities and destruction of shareholder value at Sprint would allow the cable companies to complete such a transaction and not dilute EBITDA, the sacred metric by which the Wall St. Priesthood holds them accountable. [...]

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