Who thinks SK Telecom will buy Sprint?

ISIStudios answered 4 months ago …

I think they could, and they probably will, but I certainly hope they DON'T. Reason being, why in the world would SK Telecom invest precious dollars into a struggling US wireless company like Sprint-nextel!? It just doesn't make sense.

SK is already competing in one of the more sophisticated and fast growing wireless markets of east asia. They could put hundreds of millions of dollars into Sprint, or they could take that money, get more bang for their buck, and put it in China (a country with VASTLY higher growth potential).

I'm not long SK Telecom, but I'm definitely thinking about shorting the stock as this merger looks more and more likely.