|Bid||44.870 x 2500|
|Ask||44.880 x 1900|
|Day's Range||44.820 - 45.230|
|52 Week Range||44.460 - 56.950|
|PE Ratio (TTM)||15.00|
|Dividend & Yield||2.31 (5.05%)|
|1y Target Est||N/A|
The cable giants could give struggling Sprint a lifeline. But a deal won't come cheap.
This important wireless infrastructure provider stands to gain from increasing demand for data.
Pacific Crest Securities The Wall Street Journal is reporting that Comcast and Charter Communications are in exclusive talks to explore a deal with Sprint. Additionally, we think that strategically, a wireless and cable partnership or all-out acquisition makes more sense than pure wireless mergers and acquisitions (M&A).