(underlining done by me)Sprint had less than $4B cash in the bank as of their last quarterly statement. Assume 50% of Sprint's current contract subscribers (around 30 million users) want to jump on the new iPhone over the next year, Sprint would have to write a check for $10B.
Agree with you on Sprint's debt and payment issues. Forget exclusivity (not going to happen with Sprint), I'm don't even see how Sprint could sign up for this deal with Apple period. I can't see them raising $20B to pay for the phones without increasing rates or dramatically stealing away subscribers from AT&T and Verizon.
That would require an exclusive deal. I don't see it happening, but if I'm Sprint that's what I'm begging for.
Tomorrow should be fun!