|Bid||39.01 x 100|
|Ask||40.41 x 300|
|Day's Range||39.09 - 39.60|
|52 Week Range||30.02 - 42.18|
|PE Ratio (TTM)||20.82|
|Dividend & Yield||0.63 (1.59%)|
|1y Target Est||N/A|
In a potential deal with Sprint, cable operators Comcast and Charter Communications are seeking the ability to sell Sprint’s wireless service under their own brands.
The cable giants could give struggling Sprint a lifeline. But a deal won't come cheap.
Sprint Corp. reportedly agreed to exclusive talks with Charter Communications Inc. and Comcast Corp., according to an anonymously sourced report by The Wall Street Journal. Late Monday, a Sprint (NYSE: S) spokesman said the Overland Park-based carrier was "not commenting one way or the other" on discussions. In May, Philadelphia-based Comcast (CMCSA) and Charter (CHTR), based in Stamford, Conn., agreed to cooperate with their respective wireless businesses, with an interesting caveat: They agreed to work "only together with respect to national mobile network operators" for one year.