Today's Technical View on Cincinnati Bell and Sprint Nextel: Telecom Companies Face Tough Times

Today's Technical View on Cincinnati Bell and Sprint Nextel: Telecom Companies
                               Face Tough Times

  PR Newswire

  LONDON, February 15, 2013

LONDON, February 15, 2013 /PRNewswire/ --

Telecom industry is one of the most dynamic sectors around. These companies
need to constantly upgrade their offerings and infrastructure to attract and
retain their customers. Sprint Nextel Corp. (NYSE: S) is looking forward to a
year full of activities. It is expected to finalize its SoftBank Corp. and
Clearwire Corporation deals in 2013. The company is also expanding its 4G
infrastructure. Cincinnati Bell Inc. (NYSE: CBB) , on the other hand , is
divesting its non-core assets in the form of an IPO. The stock is expected to
perform well as it is being lapped up by Hedge Funds. StockCall initiated free
in-depth technical analysis on Cincinnati Bell and Sprint Nextel which are
currently available upon sign up at

Cincinnati Bell Inc. Gets New CEO

Cincinnati Bell Inc. has a lot going on. The company recently appointed a new
CEO as it selected Ted Torbeck for the position. Torbeck has considerable
turnaround expertise and will help the company to focus on its core areas.
Cincinnati Bell Inc. took a major step when it spun off its data center
Cyrusone Inc. After the IPO of Cyrusone Inc., the company still retains more
than 70 percent interest in this data storage REIT. Cyrusone Inc. has 23 data
centers. Sign up for the free technical analysis on Cincinnati Bell Inc. at 

Cincinnati Bell Inc. is an attractive option for Hedge Funds as evidenced by
the large chunk of its stock being held by Black Rock Investments. While the
stock appreciated 16 percent in the past 52 weeks, its YTD performance has
been dismal. The stock lost 15 percent of its value so far this year. However,
post-divestment it is likely to see some upward action.

Sprint Nextel Corp. to Finalize Softbank Corp. Deal

Sprint Nextel Corp. announced its quarterly results and reported quarterly
losses at 44 cents per share, marginally higher than the 43 cents per share in
net loss it incurred for the corresponding quarter of last year. However, it
still performed better-than-expected as consensus estimates for the loss stood
at 46 cents per share. Sprint Nextel Corp. also reported 3.2 percent increase
in its revenue to $9 billion, again beating consensus estimate of $8.9 billion
in revenue. Download the free report on Sprint Nextel Corp. by registering at 

Sprint Nextel Corp. is going for a major overhaul as it will sell 70 percent
of itself to SoftBank Corp. The deal is likely to be finalized this year and
is worth $20 billion. Through this deal, Sprint Nextel Corp. will buy a stake
in Clearwire Corporation, which recently reported its fourth quarter results
and missed consensus estimates for both the top-line and bottom-line.

While the entire telecom sector is struggling with intense competition and the
resulting price wars, Sprint Nextel Corp. still stood out with its weak
results. The company failed to maintain its Average Revenue per User. However,
its merger with SoftBank Corp. is expected to make things a little easier for
Sprint Nextel. The company is looking to compete with AT&T and is going ahead
with its 4G deployment. It is expected to yield the benefits of massive
capital outlay for these infrastructural upgrades. The domestic teleco is
moving in a positive direction as Omega Advisors upped their stake in Sprint
Nextel Corp. by 30 percent in the fourth quarter. Further, there had been a
number of insider purchases over the past couple of months. These transactions
show management's confidence in the future direction of the company.

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