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United States

Sprint Corp (S.N)

S.N on New York Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Ria Money Transfer Expands Network Across Boost Mobile Stores Nationwide
Tuesday, 11 Sep 2018 09:20am EDT 

Sept 11 (Reuters) - Euronet Worldwide Inc ::RIA MONEY TRANSFER EXPANDS NETWORK ACROSS BOOST MOBILE BRANDED STORES NATIONWIDE.RIA MONEY TRANSFER - SIGNED AN AGREEMENT WITH BOOST MOBILE, UNIT OF SPRINT CORPORATION.RIA MONEY TRANSFER - AGREEMENT TO ENABLE DEALERS OF BOOST MOBILE ABILITY TO OFFER CUSTOMERS MONEY TRANSFER SEND OR RECEIVE SERVICES.RIA MONEY TRANSFER- IMPLEMENTATION IS SCHEDULED TO ROLL OUT IN PHASES STARTING IN Q4 2018.  Full Article

Sprint Corp Qtrly Income Per Share $0.04
Wednesday, 1 Aug 2018 07:30am EDT 

Aug 1 (Reuters) - Sprint Corp ::SPRINT REPORTS INFLECTION IN WIRELESS SERVICE REVENUE WITH FISCAL YEAR 2018 FIRST QUARTER RESULTS.QTRLY TOTAL NET OPERATING REVENUE $8.125 BILLION VERSUS $8.157 BILLION.QTRLY INCOME PER SHARE $0.04.Q1 EARNINGS PER SHARE VIEW $0.00, REVENUE VIEW $8.02 BILLION -- THOMSON REUTERS I/B/E/S.QTRLY WIRELESS POSTPAID NET ADDITIONS OF 123,000 VERSUS 39,000 NET LOSSES REPORTED LAST YEAR.TOTAL WIRELESS END OF PERIOD CONNECTIONS AT Q1 2018 END WERE 54.6 MILLION VERSUS 54.6 MILLION REPORTED AT Q4 2017-END.QTRLY TOTAL WIRELESS POSTPAID CHURN OF 1.63 PERCENT VERSUS 1.65 PERCENT LAST YEAR.QTRLY WIRELESS POSTPAID ARPU $43.55 VERSUS $47.30 LAST YEAR.INCREASING ADJUSTED EBITDA EXPECTATIONS FOR 2018 ON A REPORTED BASIS TO A RANGE OF $12.0 BILLION TO $12.5 BILLION.CONTINUES TO EXPECT TO LAUNCH FIRST MOBILE 5G NETWORK IN U.S. IN FIRST HALF OF 2019.EXCLUDING IMPACT OF NEW REVENUE RECOGNITION STANDARD, CO CONTINUES TO EXPECT ADJUSTED EBITDA FOR 2018 TO BE $11.3 BILLION TO $11.8 BILLION.CONTINUES TO EXPECT GROWTH IN WIRELESS SERVICE REVENUE TO OCCUR BY 2018-END, EXCLUDING IMPACT OF NEW REVENUE RECOGNITION STANDARD.CONTINUES TO EXPECT 2018 CASH CAPITAL EXPENDITURES EXCLUDING LEASED DEVICES TO BE $5 BILLION TO $6 BILLION.  Full Article

Sprint Awarded $26.9 Mln In Damages From Wireless Buybacks
Monday, 4 Jun 2018 10:11am EDT 

June 4 (Reuters) - Sprint Corp ::SPRINT SAYS HAS BEEN AWARDED $26.9 MILLION IN DAMAGES FROM WIRELESS BUYBACKS, LLC, AND WIRELESS BUYBACKS HOLDINGS, LLC.SPRINT SAYS JUDGMENT REGARDING CO BEING AWARDED $26.9 MILLION IN DAMAGES FROM WIRELESS BUYBACKS WAS ENTERED IN U.S. COURT ON MAY 22.  Full Article

T-Mobile's John Legere Says Tax Reform Has Increased Value Of Sprint Deal - CNBC
Monday, 30 Apr 2018 07:09am EDT 

April 30 (Reuters) - :T-MOBILE CEO JOHN LEGERE SAYS TAX REFORM HAS INCREASED VALUE OF SPRINT DEAL - CNBC.T-MOBILE CEO JOHN LEGERE SAYS ON SPRINT DEAL COMBINED COMPANY WILL EMPLOY MORE PEOPLE THAN ARE CURRENTLY EMPLOYED BY BOTH COMPANIES TOGETHER - CNBC.  Full Article

Sprint, T-Mobile Restart Deal Talks - CNBC, Citing DJ
Tuesday, 10 Apr 2018 12:26pm EDT 

April 10 (Reuters) - :SPRINT & T-MOBILE RESTART DEAL TALKS - CNBC, CITING DOW JONES.  Full Article

Sprint Announces Private Placement Offering Of Wireless Spectrum-Backed Notes
Monday, 12 Mar 2018 06:31am EDT 

March 12 (Reuters) - Sprint Corp ::SPRINT CORPORATION ANNOUNCES PRIVATE PLACEMENT OFFERING OF WIRELESS SPECTRUM-BACKED NOTES.SPRINT - UNITS COMMENCED OFFER OF UP TO $3.94 BILLION OF WIRELESS SPECTRUM-BACKED NOTES IN TWO TRANCHES.SPRINT - ‍ISSUANCE PART OF $7 BILLION NOTES PROGRAM ESTABLISHED IN OCT 2016​.  Full Article

Sprint Announces Upsizing And Pricing Of $1.5 Bln Senior Notes Offering
Tuesday, 20 Feb 2018 05:41pm EST 

Feb 20 (Reuters) - Sprint Corp ::SPRINT ANNOUNCES UPSIZING AND PRICING OF $1.5 BILLION SENIOR NOTES OFFERING.SPRINT SAYS PRICED UNDERWRITTEN PUBLIC OFFERING OF $1.5 BILLION OF 7.625% NOTES DUE 2026.SPRINT SAYS INCREASED AMOUNT OF NOTES TO BE ISSUED IN OFFERING FROM $1 BILLION; SALE OF NOTES IS EXPECTED TO CLOSE ON FEBRUARY 22, 2018.  Full Article

Sprint Launches Cloud-Based Security Platforms Sprint Secure Web, Sprint Secure Private Access
Tuesday, 20 Feb 2018 01:58pm EST 

Feb 20 (Reuters) - Sprint Corp ::SPRINT - ANNOUNCES LAUNCH OF SPRINT SECURE WEB, AN "AS-A-SERVICE" CLOUD-BASED SECURITY PLATFORM TO PROVIDE BUSINESSES SECURE ACCESS TO THE INTERNET.SPRINT - ANNOUNCES LAUNCH OF SPRINT SECURE PRIVATE ACCESS, A CLOUD-BASED PLATFORM PROVIDING USERS FULL, SECURE ACCESS TO INTERNAL COMPANY APPLICATIONS.  Full Article

Sprint Says Offering $1 Billion Principal Amount Notes Due 2026‍​
Tuesday, 20 Feb 2018 09:06am EST 

Feb 20 (Reuters) - Sprint Corp ::SPRINT SAYS OFFERING $1 BILLION PRINCIPAL AMOUNT NOTES DUE 2026 - SEC FILING ‍​.  Full Article

Paulson & Co Dissolves Share Stake In Sprint, Cuts In Synergy Pharmaceuticals ‍​
Wednesday, 14 Feb 2018 05:40pm EST 

Feb 14 (Reuters) - PAULSON & CO ::PAULSON & CO DISSOLVES SHARE STAKE IN SPRINT ‍​.PAULSON & CO CUTS SHARE STAKE IN SYNERGY PHARMACEUTICALS TO 4 MILLION SHARES FROM 24.1 MILLION SHARES - SEC FILING.PAULSON & CO - CHANGE IN HOLDINGS ARE AS OF DEC 31, 2017 AND COMPARED WITH THE PREVIOUS QUARTER ENDED AS OF SEPT 30, 2017‍​.  Full Article

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Sprint sells mobile advertising unit to InMobi

Sprint Corp has sold the mobile data and advertising company it created in 2012 to InMobi, which provides technology for marketers, in an all-stock deal, the companies said on Wednesday.