Wow. Things just got really, really interesting. This finally puts a value on Sprint's (now growing) pool of customers, to say nothing of spectrum holdings via CLWR. I imagine this would push the price of S shares up, but what do I know. I've long maintained that $7-8 was a decent representation of EV, and that looks underpriced when measured against the Tmob deal.If the recent run-up was due to merger speculation between S and Tmob, the near-term hit may well be drastic as the speculators bail. Long-term, however, I don't see how this could hurt the PPS. It establishes a clear precedent and demonstrates that S shares under $5 are ridiculously undervalued. I can't see how one would rationalize that a S customer is worth much less than a Tmob customer.If the recent run-up was due to whispers about AT&T/Tmob purchase and using that to value S shares, then Monday ought to be very very good.I'm not sure which it will be.
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