Sprint Investors Reassured by Gains in Cash, Subscribers

  • Cash and equivalents increase 12 percent to $2.2 billion
  • Carrier's stock and bonds advance in New York trading

Sprint Levered, Liquid as Debt Rivals Puerto Rico

Sprint Corp.’s path to recovery is a little clearer now, with a smaller-than-estimated quarterly loss and a higher cash balance giving a lift to investors and bondholders after a harrowing week.

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