< Return to Bulls pageSpinoff opportunity
Sprint's mobile devices segment could potentially be bought out or spun off as an independently operating entity, freeing up the positive revenue growth of the other segements. A Nextel spin (or semi-spin into a JV, similar to the Clearwire structure), if it happens, will be late 4Q08 / 1Q09. If the iDEN subscriber base and overall customer satisfaction has stabilized, then Sprint will be in a relative position of strength. If not, then an iDEN spin will be a distress sale. The timing of late '08 / early '09 also presumes that by that time, D Block rule making concludes and settles. There will probably be no iDEN spin to support any public safety purpose until at least the D Block rules are finalized or the block is re-auctioned. Any potential suitor interested in iDEN for public safety that might in any way be related to Cyren Call would be would never jeopardize or complicate the D Block license process with a premature bid for Nextel, unless blessed by the FCC.