- Reuters•2 hours ago
Sprint mortgaged some 14% of its wireless spectrum to underpin the deal, helping the issue earn an investment-grade rating even though the company is the largest US issuer of junk bonds. The deal's structure attracted high-grade, high-yield and ABS investors, a broad base that in total delivered US$32bn of orders for the five-year amortising issue. The strong demand allowed Sprint to achieve a final yield of 3.375% - less than half the coupon it pays on most of its junk-rated debt and well inside the initial high 4% to 5% target.
- Market Realist•3 hours ago
We've seen widespread speculation that Comcast (CMCSA) is set to compete with wireless providers AT&T (T), Verizon Communications (VZ), T-Mobile (TMUS), and Sprint (S).
- Business Wire•4 hours ago
Sprint today announced that its network in St. Louis received a shared 1st place ranking for overall network and text performance, and an outright 1st place ranking for network reliability and call performance according to a new RootScore® Report by independent mobile analytics firm RootMetrics®.
Sprint Corporation (S)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||6.57 x 28400|
|Ask||6.58 x 15000|
|Day's Range||6.52 - 6.74|
|52wk Range||2.18 - 7.16|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-11.47|
|Avg Vol (3m)||21,701,620|
|Dividend & Yield||0.00 (0.00%)|