Friday, November 10, 2006

Citigroup Says Comcast Could Be Acquisitive, Could Acquire Sprint

Citigroup analyst, Michael Rollins, comments on Comcast (Nasdaq: CMCSK): "Comcast Could Be Acquisitive --- Its wireless ambitions may transcend collaboration, as it may acquire a firm outright, and we assess a 40% probability that Comcast acquires a wireless firm over the next 12 months. Sprint (NYSE: S) is a likely target --- T-Mobile is a possible target, but Sprint is more likely given its WiMax spectrum, IP backbone, and small business sales force."


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