|Day's Range||8.07 - 8.25|
|52 Week Range||3.46 - 9.65|
|PE Ratio (TTM)||-27.00|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Sprint Corp. has stated several times that it is in no hurry to merge, but the Overland Park-based wireless carrier's CEO acknowledged "the synergies are enormous" in a merger with T-Mobile US Inc. or a cable company. Sprint (NYSE: S) and its primary owner, SoftBank Group Corp., began preliminary conversations with T-Mobile (TMUS) on May 12, Bloomberg reported. "We're very happy with the trajectory of the business," Claure said in a Wednesday conference hosted by J.P. Morgan, noting that Sprint would continue its stable growth trajectory per its five-year turnaround plan.
Sprint Corp. is again positioning its phone leasing business as a promising play for its prepaid business. CEO Marcelo Claure said the program has "brought some economic gains" for Sprint (NYSE: S), as customers opt to upgrade their devices more often. Sprint launched its iPhone Forever program back in 2015 , allowing customers to lease Apple devices for an 18-month period, and upgrade about every year.
Sprint Corp. issued a response two days after a video was posted to Twitter of a woman verbally harassing another customer at a retail store in Manassas, Va. According to a Tuesday statement by CEO Marcelo Claure, the video shows the woman "insulted another customer by using profane, threatening and ugly language." In it, the woman claims the other customer, who identifies himself as Juan, is "disrespectful" for speaking in Spanish in the U.S. Claure initially tweeted a response to the video on Monday , stating: "This is totally unacceptable.