The world’s most popular search engine company, Google Inc (NASDAQ:GOOGL), is getting into the wireless service sector as the company joined hands with Sprint Corp (NYSE:S) to offer wireless services. The search engine giant would use Sprint’s network while maintaining its own customers support and billing services. The shares of Google soared in excess of…
Sprint Corporation (S) Introduces Slashing Price Battle Against Its Major Competitors
Sprint Corporation (NYSE:S) is all set to outmatch its competitors by slashing its prices to half and the carrier organized “Cut Your Wireless Bill in Half Event.” Sprint offered to cut bill plan prices to half for customers migrating from other carriers including Verizon Communications Inc. (NYSE:VZ) and AT&T Inc. (NYSE:T). The CEO of Sprint,…
Sprint Corporation (S) Implements Tough Decisions to Ensure Survival
On his 85th day as the CEO of the company, Marcelo Claure of Sprint Corporation (NYSE:S) announced on Monday, 3rd November, 2014 that the company has taken a decision to lay off 2000 of its employees. Another crucial decision had been taken recently, meaning on Friday, 31st October, 2014. It pertained to appointing Junichi Miyakawa…
Sprint Corporation (S) Starts Layoffs At Kansas Headquarters, More Job Cuts In Pipeline
One of the top priorities of the new Sprint Corporation (NYSE:S)’s CEO is to control the operating costs of the company while getting its subscribers back. As the third largest U.S. Carrier said earlier, the company is likely to lay off more of its workforce in near future starting with its Overland Park, Kansas headquarters…
T-Mobile US Inc (TMUS) and Sprint Corporation (S) Target Lower-End Subscribers to Boost Postpaid Connections
According to the latest reports from UBS, T-Mobile US Inc (NYSE:TMUS) and Sprint Corporation (NYSE:S) are reaching out to the lower-credit customers to boost their postpaid subscriber pool. The report highlighted another astonishing fact for the saturated U.S. telecom industry stating that the four major U.S. carriers are likely to add up to 4.3 million…
Iliad SA (ILD) Abandoned Bid For T-Mobile US Inc (TMUS) After Sprint Corporation (S)
It is the second time that a potential acquirer has deserted its pursuit of T-Mobile US Inc (NYSE:TMUS), as Iliad SA (EPA:ILD) withdraws its offer to acquire the telephone maker. This is the second company after Sprint Corporation (NYSE:S) to abandon its acquisition of the fourth-largest mobile carrier in the U.S. Earlier, Deutsche Telekom AG…
Sprint Corporation (S) Shares Travel Northwards Following a Slump
If mergers are meant to benefit companies, none could be more contrary to this fact than Sprint Corporation (NYSE:S) whose share value has been on the rise ever since talks with T-Mobile broke down. This caused an immediate spike in its share value which recorded an increase of 6.5% to end up at $7 for…
Bank of America Corp (BAC), Sprint Corporation (S), and Petroleo Brasileiro Petrobras SA (ADR) (PBR): Most Active Stocks of the Week
Bank of America Corp (NYSE:BAC), Sprint Corporation (NYSE:S), and Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) are among the top three stocks traded over the week with highest trade volume. Both Bank of America Corp (NYSE:BAC) and Sprint Corporation (NYSE:S) are trading above their average price. Bank of America Corp (NYSE:BAC) was the most traded share…
T-Mobile US Inc (TMUS) and Sprint Corporation (S) Compete for Apple Inc (AAPL)’s iPhone 6 Customers with Attractive Plans
Few days after the launch of Apple Inc (NASDAQ:AAPL)’s iPhone 6, mobile carriers are all set to attract new customers and the market may witness a range of new plans from T-Mobile US Inc (NYSE:TMUS) and Sprint Corporation (NYSE:S). Among all the national carriers T-Mobile US Inc (NYSE:TMUS) is likely to be the biggest gainer,…
Sprint Corporation (S) to Expand Wireless Network with More Partnerships
Sprint Corporation (NYSE:S) is all set to expand its wireless network with more partners post the collapse of T-Mobile US Inc (NYSE:TMUS) deal. The CEO of Sprint, Marcelo Claure, announced that the company is looking for more partners for wireless network expansion. In a conference organized by Goldman Sachs Group Inc (NYSE:GS), Claure said, “We…
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