NEW YORK, NY / ACCESSWIRE / August 14, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and mid-cap public companies is issuing a comprehensive report with no obligation on Sprint Corporation (NYSE: S) is a communications company that offers both wireless and wireline products and services to consumers, businesses, government subscribers, and resellers.
The company's service area includes all 50 states, Puerto Rico, and the U.S. Virgin Islands. Wireless and wireline services are offered under a variety of brand names including Sprint, Boost Mobile, Virgin Mobile, and Assurance Wireless.
In July 2013, Sprint was merged with SoftBank, which owns approximately 83 percent of Sprint's outstanding common stock.
Sprint CEO Marcelo Claure stated on the company's recent earnings call that he hopes to announce an acquisition soon. He noted that the potential to create value for shareholders would be significantly greater with some sort of horizontal or vertical integration.
Read about the potential Sprint acquisition targets in our full report READ MORE
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Sprint offers both postpaid and prepaid wireless plans to retail subscribers. The company also sells wireless service on a wholesale basis to other carriers (mobile virtual network operators or MVNOs) who provide it under their respective brands.
In addition to wireless, the company provides an array of wireline voice and data communication services to other communications companies and certain business subscribers. These services are delivered using a variety of protocols including multiprotocol label switching, IP managed network services, voice over internet protocol, session initiated protocol, and traditional voice services.
Sprint posted a modest yet positive Q1 net income. Improved operating expenses helped push adjusted EBITDA higher, and net subscriber growth remained positive. However, the primary catalyst for Sprint remains a combination with a cable operator or an MVNO.
Get details on the company’s guidance and an analysts Q1 review in this report READ MORE
Copy and paste to your browser may be required to view the report – http://tradersnewssource.com/sprint/
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