Verizon Wireless’ new cell-phone-service pricing plan is a chance to drive Sprint out of business, Cramer said during Stop Trading! Tuesday.
"Sprint's vulnerable,” he said. “Its customers can be taken."
Verizon Wireless, a joint venture between Verizon Communications and Vodafone, announced an unlimited-calling plan for $99 a month last week. AT&T and other rivals quickly followed with similar plans of their own, sparking fears among analysts of an ensuing price war. But Cramer wasn't worried. He called Wall Street’s concerns “much-ado-about-nothing issues,” saying he was “far less concerned” than most about the pricing plans.