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Sprint Corporation Message Board

mr_whigglee 6 posts  |  Last Activity: Jun 9, 2016 2:39 PM Member since: Dec 1, 2011
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  • mr_whigglee mr_whigglee Jun 9, 2016 2:39 PM Flag

    Tough crowd....

    June 9, 2016
    Verizon May See No Growth Through 2017
    Verizon Communications (VZ: NYSE) By Pacific Crest Securities ($51.25, June 8, 2016)
    We are lowering estimates on Verizon Communications due to increased costs from its six-week long union strike. While the market has been expecting this, we believe there could be additional room to the downside because execution throughout the remainder of 2016 has little room for error.

  • Reply to

    Back to $5 soon

    by johnnydetroit Jun 8, 2016 11:41 AM
    mr_whigglee mr_whigglee Jun 9, 2016 2:14 PM Flag

    JD Read the Sprint SEC filings...you'll find the SB % of ownership and the amount of outstanding common shares held.

  • the Street is taking notice. Will AT&T be next ?

    Will Verizon’s Debt Position Make it the next Sprint?
    Verizon announces plans to look into different avenues to finance handsets

    While presenting at the Merrill Lynch Global Telecom and Media conference in London, Verizon Communications Inc. (VZ) announced plans to look into different avenues to finance its handsets. The announcement comes during a time when the company is already burdened with a large amount of debt.

    The mobile carrier has been securitizing $2 billion a quarter (running through its cash flow from operations) on a private basis, through a group of banks. Verizon has also been looking into asset-backed securitization (ABS) to finance handsets. However, the carrier will add those financing methods in the third quarter of this year.

    Although, the ABS financing will help have a positive impact on the carrier’s leverage calculations as the ABS backed loans will not be treated like the secured market, its need to look into such forms of financing depicts the mobile carrier’s grave financial position. The company’s mounting debt puts serious questions on how it will finance its latest acquisitions and activities.

    Verizon has also been eyeing to take over Yahoo’s core business; the carrier has made a $3 billion bid for the search engine’s assets. It continues to make aggressive efforts to position itself as a leader in the digital media industry. According to the company’s financial performance, Verizon has more than $103 billion in total debt in the first-quarter of this year.

  • Wonder if the entrepreneurial genius Masa Son has SB involved?
    FCC 600-MHz Low-Band Airwave Auction Remains on Course
    By Zacks.com, June 06, 2016, 10:02:00 AM EDT
    The 600 MHz low-band wireless spectrum auction, popularly known as Incentive Auction, kicked off by the U.S. telecom regulator Federal Communications Commission (FCC) on Mar 29, 2016, is progressing smoothly. Low-band spectrum is crucial for wireless operators as the signals can be transmitted over longer distances and through brick-and-mortar walls in cities. These airwaves are being freed by TV broadcasters who no longer have any productive use of the same.

    The FCC will resell the acquired spectrums to wireless operators, other cable MSOs (multi service operators) or tech firms through competitive bidding. The freed 600 MHz TV spectrums will instead be utilized by wireless operators to expand and strengthen their 4G LTE (Long-Term Evolution) networks as well as for the upcoming 5G wireless standard. The bidding for these spectrums began from May 31, 2016.

    Important bidders include national telecom giants like Verizon Communications Inc. VZ , AT&T Inc. T , T-Mobile US Inc. TMUS , satellite TV operator DISH Network Corp. DISH and cable MSOs (multi service operators) such as Comcast Corp. CMCSA and Liberty Global Inc. Completion of the auction process may take more than a year. The freed spectrums cannot be utilized commercially before 2020.

  • Ergen, you scoundrel. Buying more Spectrum just to resell? Na, you've always wanted to be in wireless.

    Dish Network Announces Debt Offering
    ENGLEWOOD, Colo.--(BUSINESS WIRE)--

    DISH Network Corporation (“DISH Network”) (DISH) today announced that its subsidiary, DISH DBS Corporation (“DISH DBS”), plans to offer, subject to market and other conditions, approximately $750 million aggregate principal amount of its senior notes. The net proceeds of the offering are intended to be used for strategic transactions, which may include wireless and spectrum-related strategic transactions.

    The notes will only be offered and sold to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and in offshore transactions in accordance with Regulation S under the Securities Act. The notes being offered have not been and will not be registered under the Securities Act or the securities laws of any other jurisdiction. The notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the notes; nor shall there be any sale of these notes in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

  • mr_whigglee by mr_whigglee Jun 2, 2016 2:12 PM Flag

    Charlie continues to hang tough.

    DISH Designates AWS-4 as Downlink; 3GPP Working Group Completes Band 70 to Integrate DISH Spectrum with AWS-3 Spectrum

    ENGLEWOOD, Colo.--(BUSINESS WIRE)--

    Today, DISH Network Corporation (DISH) filed a letter with the FCC electing to use 20 MHz of AWS-4 uplink spectrum (2000-2020 MHz) for downlink operations, resulting in all 40 MHz of DISH’s AWS-4 spectrum being designated for downlink operations. The FCC provided DISH with the right to make this election in 2013.

    DISH also announced that the RAN4 working group of the Third Generation Partnership Project (3GPP), the global wireless standards body, last week agreed on Band 70 specifications. Formal approval of the band is anticipated later this month.

    Band 70 combines three spectrum blocks encompassing DISH’s current AWS-4 spectrum as downlink (2000-2020 MHz), DISH's H block downlink spectrum (1995-2000 MHz), and unpaired AWS-3 uplink spectrum (1695-1710 MHz). 3GPP formal approval will enable the development of devices and infrastructure that supports Band 70.

    “Similar to Band 66 approved in December 2015, the asymmetric Band 70 includes a greater proportion of downlink spectrum relative to uplink, enhancing the overall utility of the spectrum as the growth of video and other downlink-intensive traffic continues to increase,” said Tom Cullen, DISH executive vice president of Corporate Development. “Consumer trends clearly support the efficient combination of different spectrum blocks into a single, asymmetric band. Moreover, our AWS-4 election leads to a better coexistence with the adjacent downlink PCS operations. We’re pleased with the working group level completion of Band 70 as these standards efforts are a necessary step in developing the ecosystem.”

    DISH and the entities in which it has invested have on average almost 80 MHz of spectrum nationwide, covering over 23 billion MHz-POPs.

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6.14-0.09(-1.44%)Aug 30 4:01 PMEDT