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Last $3.52 USD
Change Today +0.21 / 6.34%
Volume 21.5M
S On Other Exchanges
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As of 3:02 PM 07/29/15 All times are local (Market data is delayed by at least 15 minutes).

sprint corp (S) Key Developments

Sprint Corporation Introduces Mobility-as-a-Service

Sprint Corporation has introduced Mobility-as-a-Service, or MaaS, which reportedly enables businesses to select the devices, data packages and terms of service that best fit their businesses and employees' needs. Unmatched in the wireless industry, Mobility-as-a-Service by Sprint takes the hassle out of equipping a workforce with wireless devices. With cost-effective and predictable pricing starting as low as $20 per month per employee, businesses simply pick a device, a data plan and a service term. Sprint delivers the devices, provides basic configuration and includes additional dedicated customer support.

Dish And T-Mobile Reported Merger Talks Stalled

T-Mobile US, Inc. (NYSE:TMUS) and Dish Network Corp. (NasdaqGS:DISH) have stalled their merger talks over price and structure. Dish Network Corp. talks to acquire T-Mobile US Inc. from Deutsche Telekom AG (DB:DTE) have stalled over concerns related to valuation and structure, people with knowledge of the matter said. The lack of momentum calls into question whether any transaction will get done this year or at all, said the people, who asked not to be identified because the information is private. Dish and Deutsche Telekom would want to iron out an agreement in the next two or three months before focusing on the auction, the people said, and the halt in talks has made that timeframe unlikely. Deutsche Telekom has told Dish what kind of offer it wants and so far Dish hasn’t met that demand. Deutsche Telekom doesn’t need to sell T-Mobile now because the business has performed well in recent quarters, the people said. There’s a chance other buyers, such as Comcast Corporation (NasdaqGS:CMCS.A), Altice S.A. (ENXTAM:ATC) and Sprint Corporation (NYSE:S) could make a bid for T-Mobile in a new U.S. presidential administration, giving Deutsche Telekom more reasons to wait on selling, the people said. A spokesman for Deutsche Telekom declined to comment on the status of any potential talks, as did a spokesman for Dish.

Sprint Announces Availability of Samsung Galaxy Grand Prime Smartphone

Sprint Corporation has announced the availability of Samsung Galaxy Grand Prime smartphone in stores, effective July 10, 2015. Sprint offers three ways to buy Galaxy Grand Prime: Well-qualified buyers can get this exciting new smartphone with $0 down, no finance fees and 24 monthly payments of $10 (SRP: $240; service plan required), It is available for $29.99 with a two-year service agreement after a $50 mail-in rebate via reward card and Galaxy Grand Primeis also available without a contract for $240. Built on Android 5.1, Lollipop, Galaxy Grand Prime offers a 1.2GHz quad-core processor and access to the Sprint 4G LTE network for blazing-fast Web surfing. The 5-inch qHD PLS (quarter high-definition) display with 960x540 resolution makes it easy to read emails and websites and enjoy pictures or video in the palm of a hand. Galaxy Grand Prime also boasts an 8-megapixel rear-facing camera with autofocus and flash for documenting life's most important moments and a 5-megapixel front-facing camera with a wide-angle selfie lens. With elegant curves and a brushed metallic bezel, Galaxy Grand Prime is premium style. It measures 5.7 inches x 2.84 inches x 0.34 inches (144.8mm x 72.1mm x 8.6mm) and weighs 5.5 ounces (156 grams). A 2,600mAh removable lithium-ion battery keeps users connected all day. Galaxy Grand Prime also offers Ultra Power Saving Mode to extend battery life. When the battery charge reaches 10% remaining, nonessential apps are shut off to maximize battery life, allowing the user to make and receive calls and send and receive text messages for up to 24 more hours. 2 Other key features include: 8MB internal memory 3 and microSD slot supporting up to 128GB memory card, Wi-Fi b/g/n, Wi-Fi Calling with International Wi-Fi Calling support and Stereo Bluetooth 4.0. The Sprint Family Share Pack is an affordable and convenient way for families to stay connected. It offers unlimited talk and text messaging and shared high-speed data, and families can share up to 60GB data per month for one low price.

Sprint Announces Retail Agreement with Dixons Carphone

Sprint and Dixons Carphone announced a commercial relationship that pairs Sprint with a premier European consumer electronics retailer renowned for innovation in wireless retail sales. The relationship is expected to accelerate Sprint’s retail transformation, and is the latest inventive move to grow its number of retail stores. As part of the arrangement, in coming months Sprint will work closely with Dixons Carphone Connected World Services division on a pilot program to build and operate about 20 new Sprint stores in select U.S. markets. These Sprint stores will operate similarly to the third-party retailers who operate Sprint-branded wireless stores across the U.S. Sprint will own and staff the stores while CWS will manage them. CWS will also apply its expertise and best practices across all of Sprint’s sales channels. In a former joint venture with Best Buy, the company helped launch Best Buy Mobile. This agreement is the latest in Sprint’s strategy to expand its distribution and provide shoppers with a better customer experience. Earlier in 2015, Sprint quickly and cost-effectively doubled the number of corporate-owned stores by opening Sprint at RadioShack in 1,435 locations, which are currently undergoing renovation. Sprint has launched Direct 2 You, a one-of-a-kind service that brings a personalised sales experience directly to customers whenever and wherever they want for free. If the pilot stores prove to be successful Sprint and Dixons Carphone will establish a joint venture to open and operate a substantial number of new Sprint-branded stores across the U.S. The two companies will equally fund the start-up costs of the joint venture and each will initially have 50% ownership interest.

Sprint Introduces the Wireless “All-In” Pricing Plan

Sprint introduced the wireless “All-In” pricing plan, underscoring the company’s commitment to making wireless simpler, clearer and more straightforward for consumers. All-In Wireless counters the wireless industry’s current way of advertising by providing one clear monthly price for a smartphone and unlimited talk, text and high-speed data. With All-In Wireless, consumers pay $80 per month for a wireless device and unlimited talk, text and high-speed data – the two most significant components on any wireless bill. Sprint will promote All-In Wireless with advertising featuring international sports star and entrepreneur David Beckham. In the ads, Beckham goes from store to store, asking for a simple wireless plan with a consistent monthly cost. He is met with confusion and frustration at every stop – until he gets to a Sprint store, where he is offered All-In Wireless.

 

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General Dynamics Corp $150.30 USD +6.01
NEC Corp ¥369.00 JPY -1.00
SK Telecom Co Ltd 250,000 KRW +5,500
T-Mobile US Inc $37.36 USD +0.44
Telecom Italia SpA €1.20 EUR +0.005
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Industry Analysis

S

Industry Average

Valuation S Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 1.3x
Price/Cash Flow 10.8x
TEV/Sales NM Not Meaningful
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