|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||5.30 - 5.54|
|52 Week Range||5.24 - 9.65|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Today I will take a look at Sprint Corporation’s (NYSE:S) most recent earnings update (30 September 2017) and compare these latest figures against its performance over the past few years,Read More...
Sprint shares broke down from key support levels on Thursday, but traders will be watching these levels over the coming sessions.
Sprint Corp.'s settlement with Cox Communications in a patent lawsuit delivered a deal that will help the Overland Park carrier build out its wireless network by gaining access to the cable provider's broadband infrastructure. Sprint's (NYSE: S) "multiyear agreement" with Cox will build on a model it created in the fall with Altice USA. Sprint stated that the agreement was part of the settlement.
Overland Park, Kan.-based Sprint (NYSE: S) and Atlanta-based Cox Communications have inked a new multi-year partnership that was reached as part of a settlement of patent litigation. Sprint reported the agreement will allow it to leverage Cox's broadband infrastructure to accelerate the densification of the Sprint network while simultaneously increasing efficiency of its macro backhaul and small cell deployment. "This is another opportunity to work with a strategic partner to accelerate our densification plans to improve our network performance and experience for Sprint customers throughout Cox's national territory," Sprint's Chief Technology Officer John Saw said in a statement.
For the past few years, Sprint (NYSE: S) has been a company looking for answers. It failed in its attempt to merge with key rival T-Mobile, and its efforts to find a major cable partner haven't worked ...
Now we’ll take a look at Verizon’s (VZ) spending on capex (capital expenditure). In order to improve its network and acquire additional spectrum for future use, the mobile carrier has been investing largely in capex. Wall Street analysts expect Verizon’s spending on capex to reach ~$5.5 billion in 4Q17.
Sprint Corp. on Thursday said it's reached a new multi-year business partnership with Cox Communications, as part of a settlement of patent litigation, designed to strengthen both companies. Shares of ...
Lately, 5G (fifth-generation) technology is generating some buzz in the media and telecommunications industry. The 5G network has the potential to significantly reduce latency, boost download and upload speeds, and improve network reliability. According to research by Statista, 5G wireless subscriptions are projected to reach 545 million by 2022.
Now let’s take a look at Verizon’s (VZ) customer retention metric, or its churn rate. Wall Street analysts anticipate Verizon’s postpaid phone churn rate to rise in 4Q17 mainly due to growing competition in the postpaid market and strong promotional offers from competitors. Earlier in 3Q17, Verizon reported a postpaid phone churn rate of 0.75%, the tenth consecutive quarter in which it had a postpaid phone churn rate of less than 0.90%.
Sprint Corp.'s primary owner may end its buying spree soon, as it nears its 85 percent ownership threshold. Since it began buying up Sprint shares (NYSE: S) on Nov. 6, SoftBank Group Corp.'s stake in the company has increased to 84.77 percent . SoftBank previously stated it does not intend to pass 85 percent , which could require SoftBank to buy out Sprint.
SoftBank Group Corp.’s recent purchases of Sprint Corp. stock are nearing half a billion dollars. Sprint’s primary owner began gobbling up shares after Nov. 6, when it stated that it would invest more in the company as Sprint (NYSE: S) and T-Mobile US Inc. formally ended merger talks. Since then, Japan-based SoftBank has bought up more than 72.9 million shares of Sprint, for a total of $425.82 million.
Sprint Corp (NYSE:S) finds itself actively struggling for its survival. Sprint remains a weak company in one of the country’s most competitive industries. Competition with the likes of Verizon Communications Inc. (NYSE:VZ), AT&T Inc. (NYSE:T), and T-Mobile US Inc (NASDAQ:TMUS) has left the company with dwindling market share and weak pricing power.