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This Is No Time To Give Up On SprintAdetokunbo Abiola • Wed, May 8
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Verizon - Low Risk Return Of 18%The Ethical Investor • Thu, Jun 6 -
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Sprint Nextel's CEO Discusses Q1 2012 Results - Earnings Call TranscriptWed, Apr 25, 2012 • 1 Comment
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Sprint Nextel's CEO Discusses Q3 2011 Results - Earnings Call TranscriptWed, Oct 26, 2011 • 2 Comments
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Sprint Nextel Corp. - Special CallFri, Oct 7, 2011
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Sprint Nextel's CEO Discusses Q2 2011 Results - Earnings Call TranscriptThu, Jul 28, 2011
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Sprint Nextel's CEO Discusses Q1 2011 Results - Earnings Call TranscriptThu, Apr 28, 2011
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Sprint Nextel's CEO Discusses Q4 2010 Results - Earnings Call TranscriptThu, Feb 10, 2011
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Sprint Nextel Corp. Q1 2010 Earnings Call TranscriptSat, May 1, 2010 • 2 Comments
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Sprint Nextel Corp. Q4 2009 Earnings Call TranscriptWed, Feb 10, 2010 • 2 Comments
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Sprint Nextel Corporation Q3 2009 Earnings Call TranscriptThu, Oct 29, 2009
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Sprint Nextel Q2 2009 Earnings Call TranscriptWed, Jul 29, 2009
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Sprint Nextel Corporation Q1 2009 Earnings Call TranscriptMon, May 4, 2009 • 1 Comment
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Sprint Nextel Corporation Q4 2008 Earnings Call TranscriptThu, Feb 19, 2009
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Sprint Nextel Corp Q2 Earnings Call TranscriptWed, Aug 6, 2008
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Sprint Nextel Q1 2008 Earnings Call TranscriptMon, May 12, 2008
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S vs. ETF Alternatives
Company Description
Sprint Nextel Corporation, incorporated in 1938 under the laws of Kansas, is mainly a holding company, with its operations primarily conducted by its subsidiaries. Our Series 1 voting common stock trades on the New York Stock Exchange (NYSE) under the symbol “S.” Sprint Nextel Corporation and... More
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- | M&A
- | On the move
- Friday, June 14, 11:21 AM T-Mobile USA (TMUS +3.3%) is "Plan B" for SoftBank (SFTBF.PK) if its merger with Sprint (S +0.3%) doesn't go through, says CEO Masayoshi Son. But Son adds he "[plans] to go with Plan A if possible." Reuters reported last week SoftBank is talking with Deutsche Telekom (DTEGY.PK) about buying its 74% stake in T-Mobile USA if the Sprint merger fails thanks to a rival bid from Dish (DISH). For now, Sprint's board (unlike Clearwire's) is spurning Dish. As always, Son isn't lacking for confidence. "I am determined to be No. 1 in the world very soon in my industry ... You are lucky not to be my competitor." 3 Comments [Tech, M&A, On the Move]
- Wednesday, June 12, 3:50 PM Clearwire's (CLWR +0.5%) board plans to endorse Dish's (DISH -3.9%) $4.40/share tender offer and postpone a Thursday shareholder vote on majority owner Sprint's (S -0.1%) $3.40/share buyout offer, the WSJ reports. The reports comes two days after Sprint gave its support to SoftBank's (SFTBF.PK) revised offer for the company, and set a June 18 deadline for Dish to make its final offer. Sprint and Dish have been arguing over the legality (I, II) of Dish's bid for Clearwire. (previous) 1 Comment [Tech, M&A, On the Move]
- Friday, June 7, 3:54 PM While Sprint (S -1.3%) slumps on a report SoftBank (SFTBF.PK) is talking with Deutsche Telekom (DTEGY.PK) about buying its 74% stake in T-Mobile USA (TMUS +4.1%) should the Sprint deal falter, Dish (DISH +1.5%) has spiked higher, as investors take the report as a sign SoftBank would rather abandon its Sprint efforts than significantly raise its bid. Sources tell Reuters SoftBank and DT have been talking since last year, but that talks "intensified" following Dish's $25.5B offer for Sprint. Clearwire (CLWR +3.3%) has also moved higher, and is now $0.02 above Dish's $4.40/share offer price. (previous) 9 Comments [Tech, On the Move, M&A]
- Friday, June 7, 3:43 PM SoftBank (SFTBF.PK) is reportedly in talks with Deutsche Telekom (DTEGY.PK) about buying its stake in T-Mobile (TMUS +4.9%) should the deal with Sprint (S -0.8%) fall apart, according to Reuters. Sprint is off more than 1% from its session high on the news. Comment! [M&A, On the Move]
- Tuesday, June 4, 3:54 PM Sprint's (S +1%) board is thinking of delaying the company's June 12 shareholder vote on the SoftBank (SFTBF.PK) deal to give Dish (DISH +0.3%) more time to strengthen its rival offer, Bloomberg reports. Though Sprint has appeared cool to Dish's overtures, a Dish spokesman states his company is still negotiating with Sprint. One source claims Dish, which recently raised $2.6B in debt, has lined up $9.3B in financing for its Sprint bid. Clearwire (CLWR -2.6%) has sold off to $4.31 today, below Dish's $4.40/share offer price, as investors weigh Sprint's legal assertions. (previous) Comment! [Tech, M&A, On the Move]
- Thursday, May 30, 2:20 PM Clearwire (CLWR +26%) is now within $0.02 of Dish's (DISH +0.5%) $4.40/share offer price; upgrades from DA Davidson and Raymond James could be helping. Macquarie asserts the move "forces SoftBank (SFTBF.PK) to negotiate with Dish," and raises the odds SoftBank walks away from Sprint (S +0.3%). The firm thinks Sprint will now have to offer $4.50+/share for Clearwire. Likewise, JPMorgan argues Dish is "attempting to de-value the Softbank bid by injecting itself into Clearwire as a permanent ... minority shareholder." Wells Fargo: "We can't see how Charlie doesn't win here--he is either going to get the partnership we believe he always wanted ... or he is going to walk away with a significant amount of spectrum." 10 Comments [Tech, On the Move, M&A]
- Wednesday, May 29, 11:56 PM Dish (DISH) raises its offer for Clearwire (CLWR) to $4.40/share in cash, easily trumping Sprint's (S) revised $3.40/share bid. Clearwire +21.6% AH to $4.23. The 4G carrier's minority shareholders are set to vote on Sprint's offer on Friday. 3 Comments [Tech, M&A, On the Move, Top Stories]
- Tuesday, May 21, 9:09 AM Sprint (S) raises its offer for Clearwire (CLWR) to $3.40/share ahead of today's shareholder vote on a $2.97/share offer, which was widely expected to be shot down. The revised offer, which trumps Dish's (DISH) $3.30/share bid and has been sent to Clearwire's board for review, is said to have the support of Comcast, Intel, and Bright House, who collectively own 26% of Clearwire shares not held by Sprint. Nonetheless, Clearwire +6.1% to $3.46, above the offer price. Sprint +1.1%. (previous) 6 Comments [Tech, On the Move, M&A, Breaking News, Top Stories]
- Friday, April 19, 10:55 AM SoftBank (SFTBF.PK) doesn't plan to up its bid for Sprint (S) to top Dish's (DISH +2.1%), a company exec states. Is the Japanese carrier set on keeping its current offer, or is this a hardball negotiating tactic? Either way, SoftBank seems to be betting the advantages of its bid - a lower debt load, the ability to leverage SoftBank's resources to take on AT&T/Verizon - will lead Sprint to stay loyal in spite of shareholder pressure and the superior up-front value of Dish's offer. 2 Comments [Tech, M&A, On the Move]
- Tuesday, April 16, 9:41 AM SoftBank (SFTBF.PK) responds to Dish's (DISH +1.8%) bid for Sprint (S +1.1%) by insisting its offer is superior, and stating it expects the deal to close by July 1. Nonetheless, some major Sprint shareholders, such as Westchester Capital (14M shares), are declaring Dish's offer better. SoftBank fell 6.8% in Tokyo as investors fret about a higher bid, and Sprint is adding a bit to yesterday's gains with the help of a JPMorgan upgrade to Overweight: the firm argues the Dish/SoftBank offers "likely put a floor under shares in the $7 range," and considers a bidding war possible. CLWR +1.9%. (more) Comment! [Tech, M&A, On the Move]
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Monday, April 15, 12:50 PM
Midday top 10 gainers: MKTAY +143%. CNIT +21%. GENE +21%. THRX +18%. MCOX +17%. SGRP +14%. S +13%. STXS +10%. ACOR +9%. LIFE +8%.
Midday top 10 losers: UNTK -48%. GSS -19%. ASM -18%. DSCO -17%. HXM -16%. XPL -16%. NGD -16%. TGD -15%. BAA -14%. PZG -14%. Comment! [On the Move] - Monday, April 15, 10:22 AM Verizon Wireless (VZ, VOD) was the company that offered $1B-$1.5B for some of Clearwire's (CLWR -2.8%) spectrum, the WSJ reports. Meanwhile, Dish (DISH -6.4%) says it hasn't formally withdrawn its $3.30/share offer for Clearwire, but would honor Sprint's (S +14.9%) $2.97/share offer. Naturally, Dish touts the potential of a Sprint merger to enable triple/quad-play bundles - a recent Consumer Reports survey drove highlighted their popularity. CEO Charlie Ergen also talks up the implications of soaring mobile data usage, and compares Dish's strategy to a Seinfeld episode where everything comes together in the last 2 minutes. 2 Comments [Tech, M&A, On the Move]
- Monday, April 15, 9:24 AM Sprint (S) +15.6%, Clearwire (CLWR) -2.8%, Dish Network (DISH) -1.7%, and DirecTV (DTV) -1.1%, as the Street mulls the implications of Dish's $25.5B offer for Sprint (S). Dish, which has been looking for a partner for its 4G spectrum, claims a merger will result in $13B in cost/capex synergies, and yield a company with 20% EBITDA growth. Dish would fund the $17.3B cash portion of the deal using $8.2B in existing cash + debt, and foresees debt ratings of B1/B+. Sprint shareholders would own 32% of the company. No one ever accused Charlie Ergen of thinking small. (offer letter) (Dish fact sheet) (Clearwire spectrum offer) (Dish/Clearwire) 3 Comments [Tech, M&A, On the Move, Consumer]
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Monday, April 15, 9:15 AM
Premarket gainers: S +16%. SVA +13%. BCRX +10%. LIFE +8%. NFP +7%. MGT +7%. TMO +6%. THRX +5%. NVAX +5%.
Losers: AAU -15%. MTL -10%. AUQ -11%. HMY -9%. NGD -8%. CEF -8%. SLW -8%. SAND -9%. KGC -7%. AUY -7%. GOLD -7%. MUX -7%. DSCO -7%. IAG -6%. SVM -6%. GG -6%. PAAS -6%. EGO -6%. AU -5%. CDE -5%. Comment! [On the Move] - Monday, April 15, 6:43 AM DISH Network (DISH) confirms its $25.5B bid for Sprint Nextel (S +10.9%), which it says "delivers substantial synergies and growth opportunities estimated at $37B in net present value, including an estimated $11 billion in cost savings" and delivers "superior value to Sprint shareholders, including greater ownership in a combined company that is better positioned for the future with more spectrum, products, subscribers, financial scale and new opportunities." The $17.3B cash/$8.2B stock offer represents a 13% premium to the value of the existing Softbank (SBTBF.PK, SBTBY.PK) proposal. 1 Comment [Breaking News, On the Move]
- Friday, April 12, 6:33 PM On April 8, Clearwire (CLWR) received an offer from a "strategic buyer" to buy spectrum leases "generally located in large markets that cover approximately 5 billion MHz-POP" for a price of $1B-$1.5B, less the present value of the leases. Clearwire, which made the disclosure in a new 14A, says it will evaluate the offer. The disclosure comes on a day when Bloomberg reports Dish Network, whose $3.30/share offer for Clearwire remains outstanding, approached Deutsche Telekom about possibly merging with T-Mobile USA. CLWR +2.5% AH to $3.34. 7 Comments [Tech, M&A, On the Move]
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MSF INVESTMENTS
Softbank increases it's bid for $S to $7.65 a share. $DISH will make another higher bid.The offers will be over $10.00 a share soon. Lahiem - View all 0 replies
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LATEST REPLIES
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x oil -field
Shares of Clearwire ($CLWR) are halted with news pending. Sources are saying a higher offer from ($S) is in the works.http://bit.ly/12J6rZg - View all 6 replies
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x oil -field: .. over the long haul. Believe @weed @Dal @DAG and many others did have doubts along the way,but in the end it paid very well..c>
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x oil -field: ..a 'ton of money' for those folks that stayed with the $S $CLWR trade(s). Just saying.
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John Vincent
John Paulson added Family Dollar ($FDO) & increased Sprint ($S) stake. Also added $HES, $GNW, $IOC, $RDN.See http://bit.ly/15Vyeud - View all 2 replies
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MSF INVESTMENTS: Sprint is his largest holdings in a company over 8 percent.
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MSF INVESTMENTS
$S looking at $DISH deal. The bidding war will push the stock and deal over $10.00. Lahiem - View all 1 replies
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MSF INVESTMENTS: Paulson increased hip position last quarter over 80 percent.
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x oil -field
Wells Fargo views $S initial bid as a*starting point for negotiations,and so, apparently,do many others.$CLWR http://seekingalpha.com/n/fe57 - View all 3 replies
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sprasad03: no if the deal closes, this will go up, is their a target date for the softbank deal?
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MSF INVESTMENTS
Bidding war for $S between $Dish and SoftBank will bring the stock well over $10.00. - View all 2 replies
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hahaha48: this is going to be a very different bidding war. due to softbanks dirty thread to banks there are a lot of bad blood going losing face -
MSF INVESTMENTS: As long as it's north of $10.00 Paulson and I will be happy.
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MSF INVESTMENTS: $7.00 is off the table - the stock is above that now. It will be well over $10.00.
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Alex Jantsch
$DISH offers to buy $S to consolidate services for the customer. Hope their right about the value added... http://nyti.ms/17ozC3R - View all 6 replies
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bd4uandu: Everyday this drags out it gets more expensive for Softbank, maybe thats Charlies plan.
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Systembolaget: Saibus was NOK troll since early 2012. Just like ONYX, Stock Croc, et. al. Nothing new here apart from the usual rear-view mirror driving. -
