The company has been in declining condition ever since, and they've allowed themselves to sink deeper and deeper into a hole that would be hard to get out of at this point. Jonathan Chaplin More Quotes by Jonathan Chaplin More Quotes From Jonathan Chaplin Bankruptcy is a long process... By the time they get out with this lean, mean balance sheet ready to invest, it may be way too late, the rest of the industry is investing, the rest of the industry is getting more competitive, everyone is investing in 5G. It's the worst possible time a company could go into bankruptcy and not be able to invest in its business. Jonathan Chaplin technology Sprint's just jammed between all of these forces with no right to win. Jonathan Chaplin technology They are happy to accept losses for years in order to eventually own a market. Jonathan Chaplin business Sprint won't survive as a stand-alone company with their current capital structure, if the T-Mobile acquisition is blocked, Sprint will need to find another deal. If they can't find another deal they will likely need to restructure sooner or later. I have a hard time imagining anyone wanting to buy Sprint. Jonathan Chaplin technology They will have a lower cost than Verizon and so will be able to undercut on price. Jonathan Chaplin Verizon has been losing subscribers in the first quarter for the last few years – churn is higher than gross adds, with the drop in switching activity induced by social distancing, Verizon should have benefited. Jonathan Chaplin