Edition:
United States

Sprint Corp (S)

S on New York Consolidated

8.17USD
24 May 2017
Change (% chg)

-- (--)
Prev Close
$8.17
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
16,000,848
52-wk High
$9.65
52-wk Low
$3.46

Latest Key Developments (Source: Significant Developments)

Sprint says continues to expand investment in Florida
Tuesday, 9 May 2017 09:17am EDT 

May 9 (Reuters) - Sprint Corp ::Sprint-Continues to expand investment in Florida with plans to add more than 250 jobs and open over 15 new retail stores in south Florida by end of 2018.  Full Article

Sprint unveils first "All-Wireless Small Cell"
Wednesday, 3 May 2017 08:49am EDT 

May 3 (Reuters) - Sprint Corp :Sprint corp says unveiled sprint magic box, an all-wireless small cell.  Full Article

Sprint Q4 loss per share $0.07
Wednesday, 3 May 2017 07:30am EDT 

May 3 (Reuters) - Sprint Corp ::Q4 loss per share $0.07.Q4 revenue $8.5 billion versus I/B/E/S view $7.93 billion.Q4 earnings per share view $-0.04 -- Thomson Reuters I/B/E/S.Sprint Corp - expects 2017 adjusted ebitda of $10.7 billion to $11.2 billion.Sprint Corp - expects 2017 operating income of $2 billion to $2.5 billion.Sprint Corp - expects 2017 cash capital expenditures, excluding devices leased through indirect channels, of $3.5 billion to $4 billion.Sprint Corp qtrly sprint platform postpaid arpu $47.34 versus $51.68.Sprint corpqtrly sprint platform prepaid arpu $30.08 versus $27.72.Sprint - q4 total retail postpaid churn of 1.75 percent versus 1.72 percent.Sprint - q4 sprint platform postpaid net losses of 118,000 versus 56,000 net additions.Sprint - q4 total retail prepaid churn of 4.99 percent versus 5.65 percent.Sprint - q4 sprint platform prepaid net additions of 180,000 versus 264,000 net losses.Sprint - total sprint platform end of period connections at q4-end 59.7 million versus 59.5 million at q3-end.Sprint-Saw significant improvements in prepaid business in quarter, adding 180,000 customers and returning to customer growth for first time in two years.Sprint - delivered $2.1 billion of year-over-year reductions in cost of service and selling, general and administrative expenses in fiscal year 2016.  Full Article

SPRINT TO EXPAND IN TEXAS WITH 79 NEW RETAIL STORES
Monday, 24 Apr 2017 10:37am EDT 

April 24 (Reuters) - Sprint Corp :TO EXPAND PRESENCE AND INVESTMENT IN TEXAS WITH PLANS TO ADD MORE THAN 550 NEW JOBS AND 79 NEW RETAIL LOCATIONS ACROSS STATE BY END OF 2017.  Full Article

Sprint says Samsung Galaxy S8 can be leased for $31.25/month for 18 months
Wednesday, 29 Mar 2017 02:13pm EDT 

Sprint Corp : Says can lease Samsung Galaxy S8 for $31.25 per month for 18 months or lease Samsung Galaxy S8+ for $35.42 per month for 18 months . Says for limited time, one can pre-order Samsung Galaxy S8 with co, upgrade any time after 12 lease payments to the latest Galaxy smartphone .Says Samsung Galaxy S8 will also be available from Boost Mobile and Virgin Mobile USA on April 21.  Full Article

Shenandoah Telecommunications expands relationship with Sprint
Wednesday, 15 Mar 2017 05:00pm EDT 

Shenandoah Telecommunications Co : Shenandoah Telecommunications company announces expanded relationship with sprint .Shenandoah Telecommunications - has agreed to spend approximately $32 million over next three years to upgrade and expand existing network coverage.  Full Article

General Wireless Operations commences voluntary Chapter 11 proceeding
Wednesday, 8 Mar 2017 08:29pm EST 

General Wireless Operations Inc: General Wireless Operations Inc. commences voluntary chapter 11 proceeding . General Wireless Operations says RadioShack.com, stores and dealer locations across country are still currently open for business and serving customers . company is closing approximately 200 stores and evaluating options on remaining 1,300 . General Wireless Operations says company and its advisors are currently exploring all available strategic alternatives to maximize value for creditors . company looks to preserve jobs with transition agreement with sprint corporation . will continue to work with advisors and stakeholders to preserve as many jobs as possible .company filed voluntary petitions under chapter 11 in United States bankruptcy court for district of Delaware.  Full Article

Sprint, Open Mobile announce joint venture in Puerto Rico, U.S. Virgin islands
Thursday, 23 Feb 2017 09:00am EST 

Sprint Corp : Sprint and open mobile announce joint venture in Puerto Rico and U.S. Virgin islands . Sprint Corp - sprint and open mobile will have a 68% and a 32% economic interest, and a 55% and 45% voting interest in joint venture, respectively . Sprint corp- both companies will continue to operate separately in market under their current brands until transaction closes .Sprint corp- no action is required by existing open mobile, sprint, boost mobile, or virgin mobile customers at this time.  Full Article

Sprint Corp launches unlimited HD plan
Thursday, 16 Feb 2017 09:47am EST 

Sprint Corp :Unlimited offer now includes "HD-quality video, 10GB mobile hotspot per line".  Full Article

Sprint Corp says on Feb 3 its unit Sprint Communications entered into a new $6 bln secured revolving and term loan credit facility
Monday, 6 Feb 2017 05:37pm EST 

Sprint Corp : Sprint Corp- On February 3, 2017 subsidiary, Sprint Communications, Inc entered into a new $6.0 billion secured revolving and term loan credit facility . Sprint Corp - Credit facility consists of a $4.0 billion term loan facility and a $2.0 billion revolving credit facility - SEC Filing . Sprint Corp - Credit facility replaces company's $3.3 billion unsecured revolving credit facility that was due to expire in February 2018 .Sprint Corp - Revolving credit facility matures on february 3, 2021 and term loan matures on February 3, 2024.  Full Article

More From Around the Web

BRIEF-Sprint announces early tender results and upsizing of its cash tender offers

* Sprint announces early tender results and upsizing of its cash tender offers for its 9.000pct guaranteed notes due 2018 and its 8.375pct notes due 2017