- Reuters•8 hours ago
FreedomPop, a U.S. startup challenging the mobile industry by offering free voice and data plans, has received a $50 million investment to fund international expansion from LetterOne, the investment vehicle owned by Russian billionaire Mikhail Fridman. Luxembourg-based LetterOne (L1) said on Tuesday it had received national security clearance from the U.S. Committee on Foreign Investment in the United States (CFIUS) to complete the $50 million investment. FreedomPop announced the investment earlier this year but did not reveal the identity of the investor.
T-Mobile U.S. Inc., in the eyes of Wells Fargo analysts, is attractively valued and is expected to have total returns that exceed the market over the next 12 months.
Sprint Corporation (S)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||6.15 x 70400|
|Ask||6.16 x 4100|
|Day's Range||6.15 - 6.25|
|52wk Range||2.18 - 6.35|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||-10.75|
|Avg Vol (3m)||19,883,278|
|Dividend & Yield||0.00 (0.00%)|