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No way. You don't miss out on 5G because you couldn't come up with $4B and your smaller competitor could. If it were $40B, sure.
by dd36 8y ago
No way. You don't miss out on 5G because you couldn't come up with $4B and your smaller competitor could. If it were $40B, sure.
- adventured 8y agoThat's definitely correct, $4 billion is meaningless. If it were $40b to corner 5G, Verizon and AT&T could come up with it and T-Mobile couldn't. For significant business purposes, both Verizon and AT&T could borrow $40b easily. Whether for an acquisition or critical spectrum buy. They both have plenty of borrowing capacity despite being highly leveraged (it'll very likely end badly one day in the future).