Sprint's Spectrum: Money in the Bank

More than one analyst this week claims that Sprint and T-Mobile must merge.  Each analyst also notes that the marriage faces a number of challenges: anti-trust laws, incompatible technology, and more.  So, after I stopped gritting my teeth, I looked at the advantages of each company to go it alone.

As we noted earlier this week, T-Mobile was the beneficiary of some prime ex-AT&T spectrum in their failed merger attempt. T-Mobile also has their new 700 MHz bandwidth and may have won some of the 600 MHz space from this year's auction.

ALSO READ: T-Mobile Doesn't Want to Merge with Sprint.

Sprint may be sitting on a spectrum gold mine.  A Wells Fargo analyst claims Sprint still has some prime holdings across the country but now the 2.5 GHz spectrum they acquired with Clear Wireless gives them some prime 5G real estate as well.  All Sprint needs to do is add water, some capital expenditures, and they'll grow an even more robust network, maybe with help from someone who can make withdrawals from that spectrum bank.