Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Sprint loss shrinks; response to iPhone strong
(7:32 AM ET) TEL AVIV (MarketWatch) -- Sprint Nextel Corp.,the Overland Park, Kan., telecom-services provider, narrowed its third-quarter net loss on 2.2% higher revenue. The loss was $301 million, or 10 cents a share, compared with $911 million, or 30 cents, in the year-earlier period. Revenue reached $8.33 billion from $8.15 billion. A survey of analysts by FactSet Research produced a consensus estimate of a loss of 22 cents a share on $8.38 billion of revenue. Sprint added a net 1.3 million wireless subscribers in the quarter, including 304,000 postpaid subscribers to the Sprint brand. The company launched Apple Inc.'siPhone 4S and iPhone 4 after the quarter ended, on Oct. 14. "The response to this device by current and new customers has surpassed initial expectations," the company said in a Wednesday statement.
Would be CEO’s Plans:
Sell Clear Wire for $6-10 B. (Cellular Bands worth 6B).
CLWR share will sell for $6 per share at least.
Since Sprint owns 50% of CLWR from the proceeds Sprint can fund the LTE build out. Sprint will worth at least $5 per share.
Would be CEO’s Plans:
Sell Clear Wire for $6-10 B. (Cellular Bands worth 6B).
CLWR share will sell for $6 per share at least.
Since Sprint owns 50% of CLWR from the proceeds Sprint can fund the LTE build out. Sprint will worth at least $5 per share.
Read this and keep your shares!
http://seekingalpha.com/article/296764-clearwire-postscript-the-legend-of-john-stanton?source=email_rt_article&ifp=0
Sprint store said:sold out: 16GB AND 32GB iphones. Everywhere.
Read this. Clearwire Corporation (CLWR), with 28% short interest and also halfway towards its 15 days to cover target. Short squeeze maybe coming.
I agree. Their freq. bands worth $20B
Statement of Ownership (SC 13G) see above in news.
Anyone knows what that means?
Sprint Nextel Schedules Third-Quarter 2011 Results Announcement
print
Sprint Nextel (NYSE:S)
Historical Stock Chart
1 Month : September 2011 to October 2011
Sprint Nextel Corporation (NYSE:S) will release its financial results for the third quarter 2011 on Wednesday, October 26. The results will be posted at www.sprint.com/investors at approximately 7 a.m. ET. Sprint Nextel management will host a conference call at 8 a.m. ET to discuss the results.
Sprint Nextel Conference Call Information
Date: Wednesday, October 26, 2011
Time: 8 a.m. EDT
Call-in Numbers:
Toll free: 800-938-1120 (US/Canada) – ID required: 15483737
International: 706-634-7849 – ID required: 15483737
Please plan on gaining access 10 minutes before the start of the call.
A simultaneous webcast will be available at www.sprint.com/investors. Please note that questions may only be submitted through the conference call option. Replays of the conference call will be available shortly afterward by calling 800-585-8367 and entering the code: 15483737.
What is a chat network Lotto?
and this
INVESTOR RELATIONS
3 Mo. 6 Mo. 1 Yr.
About Clearwire
Clearwire Corporation (NASDAQ: CLWR), through its operating subsidiaries, is a leading provider of wireless broadband services. Clearwire's 4G network currently provides coverage in areas of the U.S. where approximately 130 million people live. Clearwire's open all-IP network, combined with significant spectrum holdings, provides an unprecedented combination of speed and mobility to deliver next generation broadband access. The company markets its 4G service through its own brand called CLEAR(R) as well as through its wholesale relationships with Sprint, Comcast and Time Warner Cable. Strategic investors include Intel Capital, Comcast, Sprint, Google, Time Warner Cable, and Bright House Networks. Clearwire is headquartered in Bellevue, Wash. Additional information is available at www.clearwire.com.
Thanks for the link Chillaxin. I figured the same way.
What does it mean? People buying this high PPS dump like hell!!!!
WAKE UP BOARD!
Kirin International Holding, Inc. (OTCBB:KIRI), the largest private developer of residential mixed-use properties in Xingtai, North China's oldest city, announced that today it has officially obtained the Presale Permit from the Xingtai Administration Bureau of Real Estate for its No. 79 Courtyard community. The permit will enable the Company in Q4 2011 to generate about $36 million in contact sales and receive 50%-60% in cash deposits. Kirin expects that No. 79 Courtyard, Kirin Bay and Kirin County together will bring about up to $87 million in contract sales for the company in Q4 2011.
Sprint owns 48-52 % of Clearwire. May not want to see Clearwire bankrupt. IMO
I think the reason Sprint did not use Clearwire to build their LTE (eventhough Clearwire has the capability) is because Clearwire is destined to be SOLD.
This way Sprint may get some cash from the deal and in a takeover Clearwire shareholders and officers would also benefit.
Just a guess.
I think the reason Sprint did not use Clearwire to build their LTE (eventhough Clearwire has the capability) is because Clearwire is destined to be SOLD.
This way Sprint may get some cash from the deal and in a takeover Clearwire shareholders and officers would also benefit.
Just a guess.
Read this. Makes sense.
http://www.informationweek.com/news/telecom/unified_communications/231900556
Sprint Network Vision Video
How do you think S will perform against the market?
Outperform
Underperform
Motley Fool CAPS is a community working together to find better stocks and to become better investors.
Powered by: CAPS
All Players
1,911 Outperform
433 Underperform
All-Star Players
310 Outperform
101 Underperform
Wall Street
20 Outperform
3 Underperform
In my opinion, Sprint (Hesse) made the right decision to get the Iphone and go to the new LTE network. Sprint had no other choice. Being punished for it.
It's the right path.
Quick Poll (huffington Post)
Would you rather have an iPhone 4S on Verizon, Sprint or AT&T?
Verizon. 27.52%
Sprint. 39.48%
AT&T 33%
Sprint has revealed that it will launch "at least" 15 new devices next year that support its upcoming 4G LTE network. The carrier promises that there will be smartphones, tablets, and mobile hotspot devices available.
The first LTE phones will be CDMA and LTE dual-mode, though Sprint says that mobile hotspot devices will offer CDMA, WiMAX, and LTE connectivity options. Both HTC and Motorola have confirmed that they will offer smartphones and tablets for Sprint's new network, and Motorola said that it expects to launch a CDMA-based push-to-talk phone for Sprint before the end of this year.
The 16 GB iphone 4S is sold out at Sprint!
http://shop.sprint.com/mysprint/shop/phone_wall.jsp?filterString=apple&ECID=SEM:Google:A:Sprint:Ad:Sitelinks:Beta&_requestid=163791
Sell Apple; Buy Sprint
Glen Bradford October 6, 2011 (seekingalpha.com)
This recommendation has nothing to do with Steve Jobs. That said, I have a feeling that there was a postponement on the latest iPhone because Apple heard that Steve was slated for the hereafter shortly after launch date. This has everything to do with valuations, perceptions and trends.
Trend 1: I will argue that this will be the first trend to break. Apple going up. Sprint going down.
Trend 2: Apple's markets are facing increasing competition from the likes of Samsung, Motorola, HTC, and other device makers. Competition leads to lower prices. Journalists don't understand the deal Apple signed with Sprint. The price of the phones Sprint is buying from Apple will come down. This unforeseen trend will benefit Sprint and hurt Apple.
Trend 3: On a cash flow basis, Sprint is worth over 100% more. On a future cash flow basis, Apple's gross margins will get sliced as its profit margins get eroded due to competition. Sprint has been raking it away from a cash flow standpoint and reporting negative EPS for a few years now. There's nothing that I love more than a company that can be making cash and reporting losses. That's accounting at its finest.
Trend 4: The reversion to the mean. As of right now, everyone is overweight Apple, and in the meanwhile is being forced to liquidate their shares of Sprint. I am thinking that Apple will see this, cap its price, and Sprint will see this and put in a bottom. Apple has been historically crushing earnings, and Sprint put out a near miss and fell over 50% when my valuation criteria still leave intrinsic value for sprint somewhere around $6. If you want to "seek alpha," go short Apple and long Sprint.
For me, it's hard to value the future discounted cash flows of Apple, because I see competitors' products as clearly superior, and the marketing is catching up. Note that this entire article needs to be considered in the context that I believe that we are currently in a recession, that China is experiencing a crash similar to its "Great Leap Forward" -- which was a joke -- and Europe still is structured unsustainably. Put volatility to your advantage. Cash is king, but Sprint is just so darn cheap I had to buy some.
Note that the 4S works both as a CDMA and a GSM phone. Great feature!
http://www.apple.com/iphone/?cid=CDM-US-DM-P0010771-CONEDU&cp=em-P0010771-176980&sr=em
The 4S is amazing. Look up the link below.
http://www.apple.com/iphone/?cid=CDM-US-DM-P0010771-CONEDU&cp=em-P0010771-176980&sr=em
Mr/Ms Value Investor must be short in SUNH.
SUNH is still has P/E of about 3.5, with the new earnings and has cash per share of $3.52.
I am long in SUNH.
Was this item missed? $9 billion contract over 11 years with LightSquared.
The company, which is backed by Falcone's Harbinger Capital Partners hedge fund, signed a 15-year contract with Sprint Nextel Corp. (S) to share construction costs as Sprint upgrades its network. LightSquared will pay Sprint $9 billion over 11 years to host its network signal and for other services.
LightSquared has signed deals with Best Buy Co. (BBY) and several websites, and today said it reached an agreement with AirTouch Communications Inc. (ATCH).
-By Greg Bensinger, Dow Jones Newswires; 212-416-4676; greg.bensinger@dowjones.com
What's happening with SUNH?
Anyone?
Here is a contact for Google. Lets email or call him about a merger. We do not want a monopoly by ATT/T-Mobil merger.
Google:
Nathan Tyler, 650-930-3555
press@google.com
There is as Google/Sprint connection already. Read below.
Google Wallet will enable consumers to tap, pay and save with their phones
NEW YORK (May 26, 2011) – At an event today, Google, Citi, MasterCard, First Data and Sprint announced and demonstrated Google Wallet, an app that will make your phone your wallet so you can tap, pay and save money and time while you shop. For businesses, Google Wallet is an opportunity to strengthen customer relationships by offering a faster, easier shopping experience with relevant deals, promotions and loyalty rewards.
“Today, we’ve joined with leaders in the industry to build the next generation of mobile commerce,” said Stephanie Tilenius, vice president, commerce and payments, Google. “With Citi, MasterCard, First Data and Sprint we’re building an open commerce ecosystem that for the first time will make it possible for you to pay with an NFC wallet and redeem consumer promotions all in one tap, while shopping offline.”
Google Wallet is currently in a field test and will be available to consumers this summer. At the event, Google, Citi, MasterCard, First Data and Sprint introduced Google Wallet and invited additional issuing banks, payment networks, mobile carriers, handset manufacturers, point of sale systems companies and merchants to join the initiative.
Sorry you are right. Microsoft is buying Skype.