Seeking Alpha

Sprint Corporation (S)

  • Mar. 27, 2012, 5:12 PM
    In addition to raising the possibility of future M&A and spectrum purchase activity, Sprint (S) CFO Joe Euteneuer says his company is open to a deal with Dish Network (DISH), possibly one in which Dish offers services using Sprint's network and its own spectrum. Speculation is up that Dish will agree to such a deal, and that its stated plan to build a 4G network of its own is a mere bluff.
  • Mar. 27, 2012, 1:33 PM
    Sprint (S -1.8%) loses ground after CFO Joseph Euteneuer says at a Barclays conference (webcast) his company is looking to buy more spectrum, and that the wireless industry should see more consolidation, albeit while adding Sprint currently doesn't have the "currency" for a deal. Sprint's aborted attempt to acquire MetroPCS (PCS -4.1%) last month wasn't well-received by the Street.
    | 1 Comment
  • Mar. 23, 2012, 6:27 PM
    SA's Helix Investment isn't buying Bernstein's suggestion Sprint (S) has a 50% chance of going bankrupt. In spite of a heavy debt load, Sprint remains cash flow positive, Helix points out. It also sees the carrier's investments in Clearwire (CLWR - previously) and massive iPhone subsidies as gambles that will pay off. (also)
  • Mar. 21, 2012, 5:33 PM
    With Google Wallet struggling to take off in the face of limited handset support, strong competition (I, II, III), and carrier intransigence, Google (GOOG) is reportedly thinking of sharing revenue with the likes of AT&T and Verizon via promotions, in order to kick-start demand. Sprint (S) remains committed to Google Wallet, and says it will introduce as many as 12 new phones this year supporting the mobile payment platform.
  • Mar. 21, 2012, 2:02 PM
    Sprint (S +0.7%) CEO Dan Hesse defends his firm's all-in iPhone bet, noting that the ends justify the means (subsidies). He highlights - not for the first time - that iPhone customers have a lower churn rate churn and use less data than high-end 4G Android users device making them "more profitable" than average smartphone customers.
  • Mar. 20, 2012, 9:39 AM
    More from Sharma's report: In a sign of how the U.S. wireless industry could be nearing a saturation point, it's mentioned the U.S. mobile penetration rate now stands at 110% (thanks to consumers having multiple accounts). Moreover, the industry's total ARPU fell by $0.43 in Q4, as declining voice revenue outweighed rising data revenue. Verizon (VZ) had the most postpaid net adds, while AT&T (T) added the most connected devices (tablets, modem cards, etc.).
    | 1 Comment
  • Mar. 20, 2012, 9:38 AM
    No doubt thanks to the dubious pricing strategies of carriers for 3G/4G tablets, 90% of tablets sold in the U.S. are only used over Wi-Fi networks, notes analyst Chetan Sharma. The failure of 3G/4G tablets to take off hurts both carriers such as VZ, T, and S, and chipmakers such as QCOM. It's also noted smartphones made up 65% of Q4 phone sales in the U.S., compared with roughly 1/3 of global phone sales.
    | Comment!
  • Mar. 20, 2012, 9:05 AM
    Premarket gainers: FMCN +8%. ZLCS +7%. WMB +4%. KORS +4%. TIF +4%.
    Losers: TRGT -16%. JASO -9%. FRO -6%. RGP -5%. ADBE -4%. GEN -4%. ALV -4%. RIO -4%. IRE -3%. MT -3%. BHP -3%. CLF -3%. AKS -3%. SDRL -3%. S -3%. ING -3%.
    | Comment!
  • Mar. 19, 2012, 11:00 AM
    United Online (UNTD +2.7%) catches a bid after its NetZero unit introduces a cheap 4G broadband service in partnership with Clearwire (CLWR). The service, which will be available in over 80 U.S. cities, includes a free plan that provides 200MB of monthly data, a $10/month basic plan featuring 500MB of data, and a $35/month Pro plan featuring 2GB of data.
    | Comment!
  • Mar. 19, 2012, 9:05 AM
    Premarket gainers: ABVT +14%. DYN +10%. THLD +6%. NBG +6%. PWRD +4%.
    Losers: S -5%. IRE -4%. FRO -3%. AIXG -3%. ACI -3%.
    | Comment!
  • Mar. 19, 2012, 8:46 AM
    Sprint (S) -4.5% premarket after shares are downgraded to Underperform from Market Perform at Bernstein, which believes the next generation LTE iPhone will be badly disadvantaged on Sprint's network, thus impacting sales. The risks of bankruptcy for Sprint are rising, the firm says while not actually predicting this will occur. The stock price target is cut to $1.75 from $2.50.
  • Mar. 16, 2012, 9:22 AM
    Shares of Clearwire (CLWR) post a 3.6% gain premarket after Sprint decides that it will terminate its spectrum hosting agreement with LightSquared due to unresolved interference issues.
    | Comment!
  • Mar. 16, 2012, 8:11 AM
    Sprint (S) will terminate its 15-year contract with billionaire Philip Falcone's wireless startup LightSquared and return $65M in prepayments, WSJ reports. The move is not a surprise after the FCC had said earlier that it intended to block LightSquared from operating its planned nationwide 4G network. S +0.3%, CLWR +3.2% premarket.
    | Comment!
  • Mar. 14, 2012, 10:00 AM
    Clearwire (CLWR +4.7%) trades higher after agreeing to a 5-year deal to supply Leap Wireless' Cricket brand (LEAP -0.7) with LTE network services. Cricket aims to deploy LTE across a bulk of its current network over the next two to three years.
    | Comment!
  • Mar. 13, 2012, 7:04 AM
    Sprint (S) CEO Dan Hesse faces increasing scrutiny from the company's board as it tries to head off any missteps by the exec and becomes "stunningly engaged" in the carrier's direction and operations. Though Hesse has the backing of directors for now, Sprint's five years in the red has them edgy.
    | Comment!
  • Mar. 9, 2012, 7:02 PM
    LLY, APC, EBAY, SPG, ACN, and SBUX are joining the S&P 100 as of the close of trading on March 16. The companies will replace ETR, XRX, WY, AVP, S, and A.
    | Comment!
Visit Seeking Alpha's
S vs. ETF Alternatives
Company Description
Sprint Corp is a communications company offering wireless and wireline communications products and services to individual consumers, businesses, government subscribers and resellers.