Sprint Corp (S.N)

Latest Key Developments (Source: Significant Developments)

New York AG James Moves To Block T-Mobile & Sprint Merger
Tuesday, 11 Jun 2019 12:25pm EDT

June 11 (Reuters) - NEW YORK ATTORNEY GENERAL JAMES ::NEW YORK ATTORNEY GENERAL JAMES MOVES TO BLOCK T-MOBILE AND SPRINT MEGAMERGER.NEW YORK AG JAMES - FILED A MULTI-STATE LAWSUIT WITH CALIFORNIA AG XAVIER BECERRA AND 8 OTHER STATE AG'S TO HALT PROPOSED MERGER OF T-MOBILE AND SPRINT. Full Article

Sprint's First 5G Devices Available May 31
Thursday, 16 May 2019 11:00am EDT

May 16 (Reuters) - Sprint Corp ::SPRINT'S FIRST 5G DEVICES AVAILABLE MAY 31; PRE-ORDER BEGINS MAY 17 FOR LG V50 THINQ 5G AND HTC 5G HUB.SPRINT - LG V50 THINQ(TM) 5G & HTC 5G HUB WILL INITIALLY BE AVAILABLE TO CUSTOMERS IN FIRST 4 EXPECTED 5G MARKETS: ATLANTA, DALLAS, HOUSTON, KANSAS CITY. Full Article

Sprint Reports Qtrly Basic Loss Per Share $0.53
Tuesday, 7 May 2019 04:05pm EDT

May 7 (Reuters) - Sprint Corp ::SPRINT REPORTS FISCAL YEAR 2018 FOURTH QUARTER AND FULL YEAR RESULTS.QTRLY BASIC LOSS PER SHARE $0.53.QTRLY TOTAL NET OPERATING REVENUES $8,441 MILLION VERSUS $8,083 MILLION.QTRLY WIRELESS POSTPAID NET ADDITIONS OF 169,000 VERSUS 39,000 REPORTED LAST YEAR.TOTAL WIRELESS END OF PERIOD CONNECTIONS AT QUARTER-END WAS 54.5 MILLION VERSUS ABOUT 54.6 MILLION REPORTED LAST YEAR.QTRLY TOTAL WIRELESS POSTPAID CHURN OF 1.81 PERCENT VERSUS 1.78 PERCENT.QTRLY WIRELESS POSTPAID ARPU $43.25 VERSUS $43.64 REPORTED IN Q3.QTRLY WIRELESS POSTPAID PHONE NET ADDITIONS DECLINED 189,000 VERSUS NET ADDITIONS OF 55,000 REPORTED LAST YEAR.Q4 EARNINGS PER SHARE VIEW $-0.01, REVENUE VIEW $8.21 BILLION -- REFINITIV IBES DATA. Full Article

CWA Delivers Petition To FCC Opposing Potential T-Mobile-Sprint Deal
Thursday, 18 Apr 2019 06:31pm EDT

April 18 (Reuters) - Communications Workers Of America::DELIVERED PETITION TO FCC OPPOSING POTENTIAL MERGER OF T-MOBILE AND SPRINT. Full Article

T-Mobile, Sprint Deal Runs Into Resistance From U.S. DoJ Antitrust Staff - WSJ
Tuesday, 16 Apr 2019 04:40pm EDT

April 16 (Reuters) - :T-MOBILE, SPRINT DEAL RUNS INTO RESISTANCE FROM DOJ ANTITRUST STAFF - WSJ.U.S. DOJ STAFFERS TOLD T-MOBILE AND SPRINT CORP THAT THEIR PLANNED MERGER IS UNLIKELY TO BE APPROVED AS CURRENTLY STRUCTURED- WSJ, CITING SOURCES. Full Article

Sprint To Provide 5G Wireless Services For Google Fi
Monday, 25 Feb 2019 06:35am EST

Feb 25 (Reuters) - Sprint Corp ::SPRINT TO PROVIDE 5G WIRELESS SERVICES FOR GOOGLE FI.SPRINT CORP - CO, GOOGLE ANNOUNCED THAT THEY WILL EXPAND THEIR MOBILE VIRTUAL NETWORK OPERATOR PARTNERSHIP TO INCLUDE 5G. Full Article

Sprint Corp - Samsung Galaxy S10, Galaxy S10+ And Galaxy S10e To Be Available At Sprint Retail Stores, Sprint.Com, 1-800-Sprint1 From Friday, March 8
Wednesday, 20 Feb 2019 03:30pm EST

Feb 20 (Reuters) - Samsung Electronics Co Ltd <005930.KS>::SPRINT CORP - SAMSUNG GALAXY S10, GALAXY S10+ AND GALAXY S10E TO BE AVAILABLE AT SPRINT RETAIL STORES, SPRINT.COM, 1-800-SPRINT1 FROM FRIDAY, MARCH 8. Full Article

New York Settles Sales Tax Litigation With Sprint
Friday, 21 Dec 2018 10:57am EST

Dec 21 (Reuters) - NY A.G. UNDERWOOD::NY A.G. UNDERWOOD, ACTING TAX COMMISSIONER MANION ANNOUNCE $330 MILLION SETTLEMENT WITH SPRINT IN LITIGATION INVOLVING UNPAID SALES TAX."SUBSTANTIAL PORTION" OF SETTLEMENT HAS ALREADY BEEN DISTRIBUTED TO LOCALITIES WHO WERE "DIRECTLY HARMED" BY SPRINT’S CONDUCT. Full Article

U.S. appeals court upholds Sprint patent verdict against Time Warner Cable
Friday, 30 Nov 2018 09:28am EST

Nov 30 (Reuters) - u.s. Federal circuit court of appeals upholds roughly $140 mln jury verdict in favor of sprint and against time warner cable in patent infringement case -- court ruling:. Full Article

Sprint Reports Fiscal 2018 Second Quarter Results
Wednesday, 31 Oct 2018 07:30am EDT

Oct 31 (Reuters) - Sprint Corp ::SPRINT REPORTS YEAR-OVER-YEAR GROWTH IN WIRELESS SERVICE REVENUE WITH FISCAL YEAR 2018 SECOND QUARTER RESULTS.QTRLY BASIC INCOME PER SHARE $0.05.QTRLY WIRELESS POSTPAID NET ADDITIONS OF 109,000 VERSUS 168,000 NET ADDS REPORTED LAST YEAR.EXPECTS CASH CAPITAL EXPENDITURES EXCLUDING LEASED DEVICES TO BE $5.0 BILLION TO $5.5 BILLION FOR FY18.QTRLY TOTAL WIRELESS POSTPAID CHURN OF 1.78 PERCENT VERSUS 1.72 PERCENT REPORTED LAST YEAR.TOTAL WIRELESS END OF PERIOD TOTAL CONNECTIONS AT QUARTER-END WAS 54.5 MILLION VERSUS ABOUT 54 MILLION REPORTED LAST YEAR.QTRLY WIRELESS POSTPAID ARPU $43.99 VERSUS $46.00 REPORTED LAST YEAR.INCREASING ITS EXPECTATION FOR 2018 ADJUSTED EBITDA TO A RANGE OF $12.4 BILLION TO $12.7 BILLION..EXPECTS CASH CAPITAL EXPENDITURES EXCLUDING LEASED DEVICES TO BE $5.0 BILLION TO $5.5 BILLION FOR FY.INCREASING ITS EXPECTATION FOR 2018 ADJUSTED EBITDA TO A RANGE OF $11.7 BILLION TO $12.0 BILLION..QTRLY TOTAL NET OPERATING REVENUES $8,433 MILLION VERSUS $7,927 MILLION.EXPECTS 2018 CASH CAPITAL EXPENDITURES EXCLUDING LEASED DEVICES TO BE $5.0 BILLION TO $5.5 BILLION.Q2 EARNINGS PER SHARE VIEW $-0.01, REVENUE VIEW $7.97 BILLION -- THOMSON REUTERS I/B/E/S.FOR FY, EXPECTS TO DELIVER GROSS REDUCTIONS OF OVER $1 BILLION, WITH NET REDUCTIONS OF LESS THAN $500 MILLION AFTER REINVESTMENTS. Full Article

Sprint Corp News

U.S. agency to vote on auctioning key unused parts of 2.5 GHz band for 5G

WASHINGTON The U.S. Federal Communications Commission will vote in July on whether to auction a key band of largely unused 2.5 GHz spectrum to help advance next-generation 5G wireless networks and scrap requirements that it be used for education, the agency said on Tuesday.

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Earnings vs. Estimates

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